Huizhou GDP forecast based on fractional opposite-direction accumulating nonlinear grey bernoulli markov model

In this paper, a fractional opposite-direction accumulating nonlinear grey Bernoulli Markov model (FOANGBMKM) is established to forecast the annual GDP of Huizhou city from 2017 to 2021. The optimal fractional order number and nonlinear parameters of the model are determined by particle swarm optimi...

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Main Authors: Meilan Qiu, Dewang Li, Zhongliang Luo, Xijun Yu
Format: Article
Language:English
Published: AIMS Press 2023-01-01
Series:Electronic Research Archive
Subjects:
Online Access:https://aimspress.com/article/doi/10.3934/era.2023047?viewType=HTML
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author Meilan Qiu
Dewang Li
Zhongliang Luo
Xijun Yu
author_facet Meilan Qiu
Dewang Li
Zhongliang Luo
Xijun Yu
author_sort Meilan Qiu
collection DOAJ
description In this paper, a fractional opposite-direction accumulating nonlinear grey Bernoulli Markov model (FOANGBMKM) is established to forecast the annual GDP of Huizhou city from 2017 to 2021. The optimal fractional order number and nonlinear parameters of the model are determined by particle swarm optimization (PSO) algorithm. An experiment is provided to validate the high fitting accuracy of this model, and the effect of prediction is better than that of the other four competitive models such as autoregressive integrated moving average model (ARIMA), grey model (GM (1, 1)), fractional accumulating nonlinear grey Bernoulli model (FANGBM (1, 1)) and fractional opposite-direction accumulating nonlinear grey Bernoulli model (FOANGBM (1, 1)), which proves the robustness of the opposite-direction accumulating nonlinear Bernoulli Markov model. This research will provide a scientific basis and technical references for the economic planning industries.
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spelling doaj.art-801088f3c7f046dba9e351aebe9c13c72023-02-09T01:21:25ZengAIMS PressElectronic Research Archive2688-15942023-01-0131294796010.3934/era.2023047Huizhou GDP forecast based on fractional opposite-direction accumulating nonlinear grey bernoulli markov modelMeilan Qiu0Dewang Li 1Zhongliang Luo 2 Xijun Yu31. Division of Applied and Computational Mathematics, Beijing Computational Science Research Center, Beijing 100193, China 2. School of Mathematics and Statistics, Huizhou University, Guangdong, Huizhou 516007, China2. School of Mathematics and Statistics, Huizhou University, Guangdong, Huizhou 516007, China3. School of Electronic and Information Engineering, Huizhou University, Guangdong, Huizhou 516007, China4. Laboratory of Computational Physics, Institute of Applied Physics and Computational Mathematics, Beijing 100088, ChinaIn this paper, a fractional opposite-direction accumulating nonlinear grey Bernoulli Markov model (FOANGBMKM) is established to forecast the annual GDP of Huizhou city from 2017 to 2021. The optimal fractional order number and nonlinear parameters of the model are determined by particle swarm optimization (PSO) algorithm. An experiment is provided to validate the high fitting accuracy of this model, and the effect of prediction is better than that of the other four competitive models such as autoregressive integrated moving average model (ARIMA), grey model (GM (1, 1)), fractional accumulating nonlinear grey Bernoulli model (FANGBM (1, 1)) and fractional opposite-direction accumulating nonlinear grey Bernoulli model (FOANGBM (1, 1)), which proves the robustness of the opposite-direction accumulating nonlinear Bernoulli Markov model. This research will provide a scientific basis and technical references for the economic planning industries.https://aimspress.com/article/doi/10.3934/era.2023047?viewType=HTMLfoangbmkm (11)gdppso algorithmdifferential equationforecast
spellingShingle Meilan Qiu
Dewang Li
Zhongliang Luo
Xijun Yu
Huizhou GDP forecast based on fractional opposite-direction accumulating nonlinear grey bernoulli markov model
Electronic Research Archive
foangbmkm (1
1)
gdp
pso algorithm
differential equation
forecast
title Huizhou GDP forecast based on fractional opposite-direction accumulating nonlinear grey bernoulli markov model
title_full Huizhou GDP forecast based on fractional opposite-direction accumulating nonlinear grey bernoulli markov model
title_fullStr Huizhou GDP forecast based on fractional opposite-direction accumulating nonlinear grey bernoulli markov model
title_full_unstemmed Huizhou GDP forecast based on fractional opposite-direction accumulating nonlinear grey bernoulli markov model
title_short Huizhou GDP forecast based on fractional opposite-direction accumulating nonlinear grey bernoulli markov model
title_sort huizhou gdp forecast based on fractional opposite direction accumulating nonlinear grey bernoulli markov model
topic foangbmkm (1
1)
gdp
pso algorithm
differential equation
forecast
url https://aimspress.com/article/doi/10.3934/era.2023047?viewType=HTML
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AT zhongliangluo huizhougdpforecastbasedonfractionaloppositedirectionaccumulatingnonlineargreybernoullimarkovmodel
AT xijunyu huizhougdpforecastbasedonfractionaloppositedirectionaccumulatingnonlineargreybernoullimarkovmodel