Paper Title :Economic Forecasting by A Piecewise Regression Tree Method

Author :Youngjae Chang

Article Citation :Youngjae Chang , (2017 ) " Economic Forecasting by A Piecewise Regression Tree Method " , International Journal of Management and Applied Science (IJMAS) , pp. 12-15, Volume-3,Issue-12

Abstract : Real GDP growth rate is an indicator which can be used to measure the overall economic achievement of a country during the certain amount of time. Policy makers are very interested in GDP growth rate, especially, forecasting the growth rate of a country. We propose the application of regression tree methods to do an economic forecasting. The method is quite easier than complex models due to flexible model fitting algorithm, and gives us reasonable forecasting results. Index Terms- Data Mining, Forecasting, GDP Growth Rate, Regression Tree

Type : Research paper

Published : Volume-3,Issue-12

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