Machine learning forecasting of USA and PRC balance of trade in context of mutual sanctions
Authors
ROWLAND, Zuzana (203 Czech Republic, guarantor, belonging to the institution), Jaromír VRBKA (203 Czech Republic, belonging to the institution) and Marek VOCHOZKA (203 Czech Republic, belonging to the institution)
Edition
73. vyd. Les Ulis, France, SHS Web of Conferences: Innovative Economic Symposium - Potential of Eurasian Economic Union (IES), p. nestránkováno, 16 pp. 2020
Authors aim is to examine and subsequently equalize two time series –the USA import from the PRC and the USA export to the PRC. The dataset shows the course of the time series at monthly intervals between January 2000 and July 2019. 10,000 multilayer perceptron networks (MLP) are generated, out of which 5 with the best characteristics are retained. It has been proved that multilayer perceptron networks are a suitable tool for forecasting the development of the time series if there are no sudden fluctuations.