Title :
China´s gross domestic product forecast based on the grey system theory
Author :
Wang, Yawei ; Wang, Rei
Author_Institution :
Coll. of Inf. & Manage. Sci., Henan Agric. Univ., Zhengzhou, China
Abstract :
In light of properties of the GM (1, 1) and the linear regression model, this study established a GM (1, 1)-linear regression prediction model. It is really a good model for China´s GDP forecast because it greatly overcomes the defects in the GM (1, 1) and the linear regression model and has a better effect.
Keywords :
economic forecasting; economic indicators; grey systems; prediction theory; regression analysis; GDP forecast; grey system theory; gross domestic product; linear regression model; linear regression prediction model; Data models; Economic indicators; Linear regression; Mathematical model; Predictive models; GDP forecast; GM (1, 1) model; linear regression model; prediction;
Conference_Titel :
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-61284-108-3
DOI :
10.1109/ICBMEI.2011.5916925
