Conformable Derivative Approach to Gross Domestic Product Model with Real Data of World Bank
Öz
In this study, we consider gross domestic product (GDP) model within conformable derivative. In view of real data from the Republic of Korea, the European Union and the United States of America taken from World Bank [20] between 1960-2018 by simulations and error analysis, we obtain an analytical solution of the conformable GDP model and compare the findings with the integer order GDP model.
Anahtar Kelimeler
Kaynakça
- Khalil, R., Horani, M.A., Yousef, A., Sababheh, M., A new definition of fractional derivative, J. Comput. App. Math., 264, 65-70, 2014.
- Abdeljawad, T. On conformable fractional calculus, Journal of Computational and Applied Mathematics, vol. 279, pp. 57-66, 2015.
- Atangana, A., Baleanu, D., & Alsaedi, A. (2015). New properties of conformable derivative. Open Mathematics, 13(1).
- Katugampola, U.N., A New Fractional Derivative with Classical Properties, arXiv:1410.6535v2., 2014.
- Anderson, D. R., Ulness, D. J. (2015). Newly defined conformable derivatives. Adv. Dyn. Syst. Appl, 10(2), 109-137.
- World Bank: World Development Indicators. https://databank.worldbank.orgreports.aspx?source=2&country=&series=NY.GDP.PCAP.CD&period=#. Accessed 14 October 2019.
- Bas, E., Acay, B., Ozarslan, R. (2019). The price adjustment equation with different types of conformable derivatives in market equilibrium. AIMS Mathematics, 4(3), 805.
- Yusuf, A., Aliyu, A. I., & Baleanu, D. (2018). Soliton solutions and stability analysis for some conformable nonlinear partial differential equations in mathematical physics. Optical and Quantum Electronics, 50(4), 190.
Ayrıntılar
Birincil Dil
İngilizce
Konular
-
Bölüm
Araştırma Makalesi
Yazarlar
Yayımlanma Tarihi
28 Haziran 2020
Gönderilme Tarihi
31 Ekim 2019
Kabul Tarihi
13 Nisan 2020
Yayımlandığı Sayı
Yıl 2020 Cilt: 7 Sayı: 1