Spotting trends in the manufacturing growth dynamics: Which region grew the fastest?

Table of contents TL;DR I use the visualization of the EU countries’ manufacturing growth rate with a pandas/matplotlib bar chart to show that the performance mostly depends on geographical position: the East beats the South. Long Description In the previous project, I plotted the growth dynamics of the EU countries’ industry production manufacturing branch, measured…

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Reducing complexity – from a time series to a single number: coding

Table of contents TL;DR Using the linear model from Python’s scikit-learn package, I obtain the slopes in the EU industry production time series for each country. Long Description I prepare the normalized EU industry production index dataset for the fit routine of the scikit-learn linear model by forcing the time stamps into a 2D numpy…

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Reducing complexity – from a time series to a single number: modeling

Table of contents TL;DR I select a linear model with slope and intercept parameters to describe the growth dynamics of the EU industry production index of each country. Long Description Inspired by line plots of the EU industry production index time series that were previously normalized by the EU average time series, I choose to…

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