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Evaluation of agriculture and industry effect on economic health by ANFIS approach

Aleksandar Đokić and Srđan Jović

Physica A: Statistical Mechanics and its Applications, 2017, vol. 479, issue C, 396-399

Abstract: Economic development could be influenced due to many factors. For example agriculture and industry sectors could have significant impact on the economic growth and health. Gross domestic product (GDP) is used as an indicator of the economic health. Since the economic health and growth analyzing is very challenging task with commonly redundant data, in this investigation the economic growth was analyzed by ANFIS (adaptive neuro fuzzy inference system) methodology based on the agriculture and industry added value in GDP. The main goal was to analyze the influence of the industry and agriculture on the GDP, industry or agriculture. Results shown that the agriculture sector has higher influence than industry sector on the GDP health and growth.

Keywords: ANFIS; Agriculture; Industry; GDP; Economic (search for similar items in EconPapers)
Date: 2017
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Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

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Handle: RePEc:eee:phsmap:v:479:y:2017:i:c:p:396-399