Forecasting Foreign Direct Investment Inflow to Egypt and Determinates: Using Machine Learning Algorithms and ARIMA Model
Author(s) -
Mohamed F. Abd El-Aal,
Ali Algarni,
Aisha Fayomi,
RAahayu Abdul Rahman,
Khudir Alrashidi
Publication year - 2021
Publication title -
journal of advanced transportation
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.577
H-Index - 46
eISSN - 2042-3195
pISSN - 0197-6729
DOI - 10.1155/2021/9614101
Subject(s) - autoregressive integrated moving average , gross domestic product , foreign direct investment , inflow , per capita , boosting (machine learning) , algorithm , population , machine learning , econometrics , mathematics , computer science , economics , time series , geography , meteorology , macroeconomics , demography , sociology
This study aims to determine the primary determination of FDI inflow to Egypt using machine learning algorithms and the ARIMA model and get an accurate prediction of FDI inflow to Egypt during the current decade (2020–2030) and approved that the gradient boosting model is the most accurate algorithms. Also, we find stability in economic indicators in Egypt during the current decade using the ARIMA model. The last step approved that the primary determinant of FDI inflow to Egypt is the Human Development Index, followed by population size, gross domestic product per capita, lending rate, and gross domestic product value.
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