DESIGNING A FORECAST MODEL FOR ECONOMIC GROWTH OF JAPAN USING COMPETITIVE (HYBRID ANN VS MULTIPLE REGRESSION) MODELS Abstract: Artificial neural network models have been already used on many different fields successfully. However, many researches show that ANN models provide better optimum results than other competitive models in most of the researches. But does it provide optimum solutions in case ANN is proposed as hybrid model? The answer of this question is given in this research by using these models on modelling a forecast for GDP growth of Japan. Multiple regression models utilized as competitive models versus hybrid ANN (ANN + multiple regression models). Results have shown that hybrid model gives better responds than multiple regression models. However, variables, which were significantly affecting GDP growth, were determined and some of the variables, which were assumed to be affecting GDP growth of Japan,were eliminated statistically

Demir, Ahmet; AtabekSHADMANOV; CumhurAYDINLI; Eray, Okan

DESIGNING A FORECAST MODEL FOR ECONOMIC GROWTH OF JAPAN USING COMPETITIVE (HYBRID ANN VS MULTIPLE REGRESSION) MODELS Abstract: Artificial neural network models have been already used on many different fields successfully. However, many researches show that ANN models provide better optimum results than other competitive models in most of the researches. But does it provide optimum solutions in case ANN is proposed as hybrid model? The answer of this question is given in this research by using these models on modelling a forecast for GDP growth of Japan. Multiple regression models utilized as competitive models versus hybrid ANN (ANN + multiple regression models). Results have shown that hybrid model gives better responds than multiple regression models. However, variables, which were significantly affecting GDP growth, were determined and some of the variables, which were assumed to be affecting GDP growth of Japan,were eliminated statistically

Ahmet Demir, AtabekSHADMANOV, CumhurAYDINLI and Okan Eray
Additional contact information
Ahmet Demir: Ishik University, Erbil, Iraq
AtabekSHADMANOV: Ishik University, Erbil, Iraq
CumhurAYDINLI: Ipek University, Ankara, Turkey,
Okan Eray: International Black Sea University, Tbilisi, Georgia,

EcoForum, 2015, vol. 4, issue 2, 21

Keywords: Artificial Neural Network; Hybrid Model; GDP Growth of Japan; Modelling Forecast; Variable Determination (search for similar items in EconPapers)
Date: 2015
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