Definition: Backcasting

Category: Statistical concept

A break in time series occurs in a particular point in time, for instance due to a change of
classification. Backcasting is the process that allows to re-construct the time series back in
time from this point in terms of the new classification. http://circa.europa.eu/irc/dsis/nacecpacon/info/data/en/Handbook%20part%205%20-%20Glossary.pdf
Source:
Eurostat, Task Force on the implementation of NACE Rev. 2, "Implementation Glossary", Version 1.0, Luxembourg, March 2006
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