• DocumentCode
    3542888
  • Title

    Machine learning of forecasting long-term economic crisis in Indonesia

  • Author

    Sa´adah, Siti ; The Houw Liong ; Adiwijaya

  • fYear
    2013
  • fDate
    28-29 Sept. 2013
  • Firstpage
    261
  • Lastpage
    266
  • Abstract
    Oil (energy) is huge influence of economic Indonesia. Since many sectors from Industries until individual need it. In fact, Indonesia is a country with high density population. Because of that, the necessity of oil must be meet amount of inhabitant in Indonesia. If government failed to answer the demand of oil, then Indonesia will be face economic crisis for long-term. So that, the forecast of it still need to be concerned. Furthermore, data about population and oil import were used to forecast economic condition. Shape of it had been done by machine learning. The result shows that the growth of population has influence of oil needed. Because when the population increases exponentially then the necessity of energy (oil) consumption followed. It roots of economic crisis in long-term. It can be proved from the accuracy result in training around 98%, while 90% in testing. By mean of that, Indonesia should concern more about population aging on economic growth refer to availability of oil. In other perspective, machine either show that the model forecast still find error. Error was caused by the use of few data; beside the aspect of economic is complex and chaos area.
  • Keywords
    economic forecasting; learning (artificial intelligence); petroleum; supply and demand; Indonesia; economic aspect; economic condition; economic growth; energy consumption; long-term economic crisis forecasting; machine learning; oil demand; oil energy; oil import; oil necessity; population aging; Economics; Equations; Mathematical model; Sociology; Statistics; Testing; Training; long term economic crisis; machine learning; oil import; population;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Advanced Computer Science and Information Systems (ICACSIS), 2013 International Conference on
  • Conference_Location
    Bali
  • Type

    conf

  • DOI
    10.1109/ICACSIS.2013.6761586
  • Filename
    6761586