Forecasting the Rural Per Capita Living Consumption Based on Matlab BP Neural Network
Guo Qian, Hao Yong
Abstract
Resident consumption is the important for the rapid and sustainable economic growth in China, and the number
of rural residents is almost half of the total number, and forecasting the rural residents per capita living
consumption accurately and reliably provide important basis for the government to establish new development
strategies. Therefore, prediction of rural per capita living consumption is one of the important contents of the
analysis of Chinese economy development in the future. In recent years, there are many prediction methods about
the consumption, but some is low accuracy. In this paper, the BP neural network based on Matlab simulates the
rural residents per capita living consumption, and forecasts the consumption expenditure in future three years
through the actual data test and empirical analysis. Prediction results show that this method has high prediction
accuracy; the model is feasible and effective in the application of forecast residents living consumption.
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