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Simulation and analysis of chinese economic development based on neural network

  • Yu Qiang Feng*
  • , Xue Feng Wang
  • , Ying Lei
  • , Ying Jun Feng
  • *Corresponding author for this work
  • School of Management, Harbin Institute of Technology

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Macroeconomic growth simulation has great importance in making strategies of economic development and policies, but there have not been any effective methods of simulation. For this we try to use the method of neural network (NN) to construct the model simulating the relation of GDP, financial revenue, work force and price on industry structures based on the Chinese economy. A new algorithm based on single parameter coordinate rotatory method is provided to train and structure the multilayer feedforward neural network model. The method has much faster constringency speed than back-propagation algorithm. Besides the paper provides an approach to discovery relation about input nodes, priorities and output nodes in the NN model based on mathematical statistics method. Then we furthermore use statistic methods to explain the simulated results and find that the simulation has better effects. This paper provides a new perspective of economic growth.

Original languageEnglish
Title of host publication2002 International Conference on Machine Learning and Cybernetics, ICMLC 2002
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1423-1428
Number of pages6
ISBN (Print)0780375084, 9780780375086
StatePublished - 2002
Externally publishedYes
Event2002 International Conference on Machine Learning and Cybernetics, ICMLC 2002 - Beijing, China
Duration: 4 Nov 20025 Nov 2002

Publication series

NameProceedings of 2002 International Conference on Machine Learning and Cybernetics
Volume3

Conference

Conference2002 International Conference on Machine Learning and Cybernetics, ICMLC 2002
Country/TerritoryChina
CityBeijing
Period4/11/025/11/02

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • Learning algorithm
  • Macroeconomic growth
  • Neural network
  • Simulation and analysis

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