The Prediction of COVID-19 Using LSTM Algorithms

As COVID-19 enters the pandemic stage, the resulting infections, deaths and economic shocks are emerging. To minimize anxiety and uncertainty about socio-economic damage caused by the COVID-19 pandemic, it is necessary to reasonably predict the economic impact of future disease trends by scientific...

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Main Authors: Myung Hwa Kim, Ju Hyung Kim, Kyoungjin Lee, Gwang-Yong Gim
Format: Article
Language:English
Published: Springer 2021-01-01
Series:International Journal of Networked and Distributed Computing (IJNDC)
Subjects:
Online Access:https://www.atlantis-press.com/article/125950419/view
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author Myung Hwa Kim
Ju Hyung Kim
Kyoungjin Lee
Gwang-Yong Gim
author_facet Myung Hwa Kim
Ju Hyung Kim
Kyoungjin Lee
Gwang-Yong Gim
author_sort Myung Hwa Kim
collection DOAJ
description As COVID-19 enters the pandemic stage, the resulting infections, deaths and economic shocks are emerging. To minimize anxiety and uncertainty about socio-economic damage caused by the COVID-19 pandemic, it is necessary to reasonably predict the economic impact of future disease trends by scientific means. Based on previous cases of epidemic (such as influenza) and economic trends, this study has established an epidemic disease spread model and economic situation prediction model. Based on this model, the author also predict the economic impact of future COVID-19 spread. The results of this study are as follows. First, the deep learning-based economic impact prediction model, which was built based on historical infectious disease data, was verified with verification data to ensure 77% accuracy in predicting inflation rates. Second, based on the economic impact prediction model of the deep learning-based infectious disease, the author presented the COVID-19 trend and future economic impact prediction results for the next 1 year. Currently, most of the published studies on COVID-19 are on the prediction of disease spread by statistical mathematical calculations. This study is expected to be used as an empirical reference to efficient and preemptive decision making by predicting the spread of diseases and economic conditions related to COVID-19 using deep learning technology and historical infectious disease data.
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spelling doaj.art-9797777d0cfb4da784131e9f7f5116752023-02-02T08:31:10ZengSpringerInternational Journal of Networked and Distributed Computing (IJNDC)2211-79462021-01-019110.2991/ijndc.k.201218.003The Prediction of COVID-19 Using LSTM AlgorithmsMyung Hwa KimJu Hyung KimKyoungjin LeeGwang-Yong GimAs COVID-19 enters the pandemic stage, the resulting infections, deaths and economic shocks are emerging. To minimize anxiety and uncertainty about socio-economic damage caused by the COVID-19 pandemic, it is necessary to reasonably predict the economic impact of future disease trends by scientific means. Based on previous cases of epidemic (such as influenza) and economic trends, this study has established an epidemic disease spread model and economic situation prediction model. Based on this model, the author also predict the economic impact of future COVID-19 spread. The results of this study are as follows. First, the deep learning-based economic impact prediction model, which was built based on historical infectious disease data, was verified with verification data to ensure 77% accuracy in predicting inflation rates. Second, based on the economic impact prediction model of the deep learning-based infectious disease, the author presented the COVID-19 trend and future economic impact prediction results for the next 1 year. Currently, most of the published studies on COVID-19 are on the prediction of disease spread by statistical mathematical calculations. This study is expected to be used as an empirical reference to efficient and preemptive decision making by predicting the spread of diseases and economic conditions related to COVID-19 using deep learning technology and historical infectious disease data.https://www.atlantis-press.com/article/125950419/viewCOVID-19predictionRNNLSTMeconomic effects
spellingShingle Myung Hwa Kim
Ju Hyung Kim
Kyoungjin Lee
Gwang-Yong Gim
The Prediction of COVID-19 Using LSTM Algorithms
International Journal of Networked and Distributed Computing (IJNDC)
COVID-19
prediction
RNN
LSTM
economic effects
title The Prediction of COVID-19 Using LSTM Algorithms
title_full The Prediction of COVID-19 Using LSTM Algorithms
title_fullStr The Prediction of COVID-19 Using LSTM Algorithms
title_full_unstemmed The Prediction of COVID-19 Using LSTM Algorithms
title_short The Prediction of COVID-19 Using LSTM Algorithms
title_sort prediction of covid 19 using lstm algorithms
topic COVID-19
prediction
RNN
LSTM
economic effects
url https://www.atlantis-press.com/article/125950419/view
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