Hi, estimating linear trend using regression is a standard statistical technique. I encourage you to read a chapter (1.5.1.- Estimation and Elimination of Trend in the Absence of Seasonality) from the textbook 'Introduction to Time Series and Forecasting, Second Edition by Brockwell.
--
Data Scientist. Holding degrees in economics, econometrics, and statistics. Employed in news industry.
Love podcasts or audiobooks? Learn on the go with our new app.