2022
DOI: 10.1155/2022/2404174
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China’s Economic Forecast Based on Machine Learning and Quantitative Easing

Abstract: In this paper, six variables, including export value, real exchange rate, Chinese GDP, and US IPI, and their seasonal variables, are used as determinants to model and forecast China’s export value to the US using three methods: BP neural network, ARIMA, and AR-GARCH. Error indicators were chosen to compare the simulated and predicted results of the three models with the real values. It is found that the results of all three models are satisfactory, although there are some differences in their simulation and fo… Show more

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Cited by 2 publications
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“…Nevertheless, the forecasting approach also has some limitations, all the forecasting models are linear forecasting, which is an important way to forecast GDP, and although it has higher accuracy compared with the traditional forecasting approach, the validity has to continue to be improved [18]. is study was carried out on the basis of others' studies, choosing nonlinear structural models and relevant indicators for forecasting, counting GDP values, and comparing different forecasting results to confirm the validity and feasibility of the forecasting results [19,20].…”
Section: Analysis Of Prediction Accuracymentioning
confidence: 99%
“…Nevertheless, the forecasting approach also has some limitations, all the forecasting models are linear forecasting, which is an important way to forecast GDP, and although it has higher accuracy compared with the traditional forecasting approach, the validity has to continue to be improved [18]. is study was carried out on the basis of others' studies, choosing nonlinear structural models and relevant indicators for forecasting, counting GDP values, and comparing different forecasting results to confirm the validity and feasibility of the forecasting results [19,20].…”
Section: Analysis Of Prediction Accuracymentioning
confidence: 99%