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Anticipation of Gross Domestic Product Using World Development Indicators

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ICT Based Innovations

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 653))

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Abstract

Gross Domestic Product (GDP) is one of the most important instruments to understand the economical position of an economy. The economic health of a country depends upon many factors, namely. consumption, business investment, government expenditure and net exports. The purpose of this study is to find out correlation among health, climate, and education related indicators of various countries as per their development status. The selected and reduced subset of indicators has been used for forecasting of GDP corresponding to High Income and Upper Middle Income countries using the World Bank’s collection of indicators, assembled from officially documented international sources.

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Acknowledgments

The author would like to express deepest sense of gratitude to Prof. (Dr.) R. K. Datta, a renowned personality in the field of Information Sciences and Meteorology, currently Director, Mohyal Educational Research Institute of Technology, for his encouragement, guidance and mentoring. Without his support, it would not have been possible to take up research in this challenging field.

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Correspondence to Kavita Pabreja .

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Pabreja, K. (2018). Anticipation of Gross Domestic Product Using World Development Indicators. In: Saini, A., Nayak, A., Vyas, R. (eds) ICT Based Innovations. Advances in Intelligent Systems and Computing, vol 653. Springer, Singapore. https://doi.org/10.1007/978-981-10-6602-3_14

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  • DOI: https://doi.org/10.1007/978-981-10-6602-3_14

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-10-6601-6

  • Online ISBN: 978-981-10-6602-3

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