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Applying fractional calculus to analyze final consumption and gross investment influence on GDP Cover

Applying fractional calculus to analyze final consumption and gross investment influence on GDP

By: A. Badík and  M. Fečkan  
Open Access
|Jun 2021

Abstract

This paper points out the possibility of suitable use of Caputo fractional derivative in regression model. Fitting historical data using a regression model seems to be useful in many fields, among other things, for the short-term prediction of further developments in the state variable. Therefore, it is important to fit the historical data as accurately as possible using the given variables. Using Caputo fractional derivative, this accuracy can be increased in the model described in this paper.

DOI: https://doi.org/10.2478/jamsi-2021-0004 | Journal eISSN: 1339-0015 | Journal ISSN: 1336-9180
Language: English
Page range: 65 - 72
Published on: Jun 17, 2021
In partnership with: Paradigm Publishing Services
Publication frequency: 2 issues per year

© 2021 A. Badík, M. Fečkan, published by University of Ss. Cyril and Methodius in Trnava
This work is licensed under the Creative Commons Attribution 4.0 License.