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Computational Economics

, Volume 53, Issue 3, pp 1103–1109 | Cite as

RETRACTED ARTICLE: Analyses of Economic Development Based on Different Factors

  • Goran Maksimović
  • Srđan JovićEmail author
  • David Jovović
  • Marina Jovović
Article

Abstract

Economic development process is very sensitive since many factors can influence the development. These factors could be natural, social or technological. In this article economic development was analyzed based on four factors: final consumption expenditure of general government, gross fixed capita formation, fertility rate and agriculture, forestry and fishing value. Artificial neutral network with fuzzy logic inference was used as tool for determination of the factors’ influence on economic development. The economic development was presented as gross domestic product.

Keywords

Economic development Artificial neutral network Gross domestic product 

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Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2017

Authors and Affiliations

  • Goran Maksimović
    • 1
  • Srđan Jović
    • 2
    Email author
  • David Jovović
    • 1
  • Marina Jovović
    • 3
  1. 1.University of Priština, Faculty of AgricultureLešakSerbia
  2. 2.University of Priština, Faculty of Technical SciencesKosovska MitrovicaSerbia
  3. 3.Business School of Applied Studies in BlaceBlaceSerbia

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