DocumentCode
3348556
Title
Forecasting Taiwan´s gross domestic product by the topological Nonlinear Grey Bernoulli Model
Author
Chun-I Chen ; Pei-Han Hsin
Author_Institution
Dept. of Ind. Eng. & Manage., I- Shou Univ., Kaohsiung, Taiwan
Volume
4
fYear
2011
fDate
26-28 July 2011
Firstpage
2074
Lastpage
2077
Abstract
This study demonstrates that Nonlinear Grey Bernoulli Model (NGBM) is more accurate than Grey Model GM (1, 1). Moreover, we forecast 2010 and 2011 GDP for Taiwan using topological NGBM model and the results show Taiwan isn´t yet on the road to prosperity. The results may be useful to government in the development of his future economic policies.
Keywords
economic indicators; forecasting theory; government policies; grey systems; macroeconomics; nonlinear systems; GDP; Taiwanese gross domestic product forecasting; economic policies; government; topological NGBM model; topological nonlinear grey Bernoulli model; Differential equations; Economic indicators; Equations; Forecasting; Government; Mathematical model; Predictive models; grey forecasting; gross domestic product; nonlinear grey Bernoulli model;
fLanguage
English
Publisher
ieee
Conference_Titel
Natural Computation (ICNC), 2011 Seventh International Conference on
Conference_Location
Shanghai
ISSN
2157-9555
Print_ISBN
978-1-4244-9950-2
Type
conf
DOI
10.1109/ICNC.2011.6022434
Filename
6022434
Link To Document