Intelligent hybrid forecasting for Iraq exports

Accurate forecasting of export trajectories is vital for countries to develop effective trade policies, assess economic growth opportunities, and make informed strategic decisions. This is particularly crucial for Iraq, a nation whose fiscal stability is deeply intertwined with its export performanc...

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Main Authors: Ashour Marwan Abdul Hameed, Abbas Rabab Alayham
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/31/e3sconf_iccsei2023_01004.pdf
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author Ashour Marwan Abdul Hameed
Abbas Rabab Alayham
author_facet Ashour Marwan Abdul Hameed
Abbas Rabab Alayham
author_sort Ashour Marwan Abdul Hameed
collection DOAJ
description Accurate forecasting of export trajectories is vital for countries to develop effective trade policies, assess economic growth opportunities, and make informed strategic decisions. This is particularly crucial for Iraq, a nation whose fiscal stability is deeply intertwined with its export performance. Recognizing the need for more sophisticated predictive methods in this domain, this research introduces an innovative hybrid model that synergizes Artificial Neural Networks (ANN) and Wavelet Transforms (WT). The integration of these two methodologies aims to enhance the precision and adaptability of forecasts of Iraq's export trends. By leveraging the individual strengths of ANN and WT, this model promises to offer a more robust and reliable tool for forecasting, catering to the dynamic and complex nature of export data. This study not only contributes to the theoretical framework of export prediction but also provides practical insights for policymakers and stakeholders in shaping future-oriented trade strategies.
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spelling doaj.art-a8d12edd885d41cba826ee4c0948ce532024-03-22T07:55:39ZengEDP SciencesE3S Web of Conferences2267-12422024-01-015010100410.1051/e3sconf/202450101004e3sconf_iccsei2023_01004Intelligent hybrid forecasting for Iraq exportsAshour Marwan Abdul Hameed0Abbas Rabab Alayham1University of Baghdad, Statistics DepartmentManagement &Science University, Computer Science DepartmentAccurate forecasting of export trajectories is vital for countries to develop effective trade policies, assess economic growth opportunities, and make informed strategic decisions. This is particularly crucial for Iraq, a nation whose fiscal stability is deeply intertwined with its export performance. Recognizing the need for more sophisticated predictive methods in this domain, this research introduces an innovative hybrid model that synergizes Artificial Neural Networks (ANN) and Wavelet Transforms (WT). The integration of these two methodologies aims to enhance the precision and adaptability of forecasts of Iraq's export trends. By leveraging the individual strengths of ANN and WT, this model promises to offer a more robust and reliable tool for forecasting, catering to the dynamic and complex nature of export data. This study not only contributes to the theoretical framework of export prediction but also provides practical insights for policymakers and stakeholders in shaping future-oriented trade strategies.https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/31/e3sconf_iccsei2023_01004.pdf
spellingShingle Ashour Marwan Abdul Hameed
Abbas Rabab Alayham
Intelligent hybrid forecasting for Iraq exports
E3S Web of Conferences
title Intelligent hybrid forecasting for Iraq exports
title_full Intelligent hybrid forecasting for Iraq exports
title_fullStr Intelligent hybrid forecasting for Iraq exports
title_full_unstemmed Intelligent hybrid forecasting for Iraq exports
title_short Intelligent hybrid forecasting for Iraq exports
title_sort intelligent hybrid forecasting for iraq exports
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/31/e3sconf_iccsei2023_01004.pdf
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