Research on the Correlation between Information and Communication Technology Development and Consumer Spending Based on Artificial Intelligence and Time Series Econometric Model
In order to explore the correlation between ICT development and consumer spending, this paper uses artificial intelligence and time series econometric models to study the correlation between ICT development and consumer spending. Moreover, this paper organically combines the advantages of wavelet an...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2022-01-01
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| Series: | Journal of Electrical and Computer Engineering |
| Online Access: | http://dx.doi.org/10.1155/2022/1645232 |
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| _version_ | 1832563494353895424 |
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| author | Chaozhi Fan Siong Hook Law Saifuzzaman Ibrahim N. A. M. Naseem |
| author_facet | Chaozhi Fan Siong Hook Law Saifuzzaman Ibrahim N. A. M. Naseem |
| author_sort | Chaozhi Fan |
| collection | DOAJ |
| description | In order to explore the correlation between ICT development and consumer spending, this paper uses artificial intelligence and time series econometric models to study the correlation between ICT development and consumer spending. Moreover, this paper organically combines the advantages of wavelet analysis and hidden Markov model to construct a wavelet domain hidden Markov chain model. It is used to examine the flow of information on different scales related to the development of communication technology and consumer spending, so as to infer the potential mechanism of the interaction of different traders’ behaviors from the other side. Through cluster analysis, it can be seen that the correlation analysis method of information and communication technology development and consumption expenditure based on artificial intelligence and time series econometric model proposed in this paper has certain reliability. At the same time, there is a strong correlation between the development of communication technology and consumer spending. |
| format | Article |
| id | doaj-art-5fbec042044f4d27b6d0987866eab182 |
| institution | Kabale University |
| issn | 2090-0155 |
| language | English |
| publishDate | 2022-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Journal of Electrical and Computer Engineering |
| spelling | doaj-art-5fbec042044f4d27b6d0987866eab1822025-02-03T01:20:01ZengWileyJournal of Electrical and Computer Engineering2090-01552022-01-01202210.1155/2022/1645232Research on the Correlation between Information and Communication Technology Development and Consumer Spending Based on Artificial Intelligence and Time Series Econometric ModelChaozhi Fan0Siong Hook Law1Saifuzzaman Ibrahim2N. A. M. Naseem3School of Business and EconomicsSchool of Business and EconomicsSchool of Business and EconomicsSchool of Business and EconomicsIn order to explore the correlation between ICT development and consumer spending, this paper uses artificial intelligence and time series econometric models to study the correlation between ICT development and consumer spending. Moreover, this paper organically combines the advantages of wavelet analysis and hidden Markov model to construct a wavelet domain hidden Markov chain model. It is used to examine the flow of information on different scales related to the development of communication technology and consumer spending, so as to infer the potential mechanism of the interaction of different traders’ behaviors from the other side. Through cluster analysis, it can be seen that the correlation analysis method of information and communication technology development and consumption expenditure based on artificial intelligence and time series econometric model proposed in this paper has certain reliability. At the same time, there is a strong correlation between the development of communication technology and consumer spending.http://dx.doi.org/10.1155/2022/1645232 |
| spellingShingle | Chaozhi Fan Siong Hook Law Saifuzzaman Ibrahim N. A. M. Naseem Research on the Correlation between Information and Communication Technology Development and Consumer Spending Based on Artificial Intelligence and Time Series Econometric Model Journal of Electrical and Computer Engineering |
| title | Research on the Correlation between Information and Communication Technology Development and Consumer Spending Based on Artificial Intelligence and Time Series Econometric Model |
| title_full | Research on the Correlation between Information and Communication Technology Development and Consumer Spending Based on Artificial Intelligence and Time Series Econometric Model |
| title_fullStr | Research on the Correlation between Information and Communication Technology Development and Consumer Spending Based on Artificial Intelligence and Time Series Econometric Model |
| title_full_unstemmed | Research on the Correlation between Information and Communication Technology Development and Consumer Spending Based on Artificial Intelligence and Time Series Econometric Model |
| title_short | Research on the Correlation between Information and Communication Technology Development and Consumer Spending Based on Artificial Intelligence and Time Series Econometric Model |
| title_sort | research on the correlation between information and communication technology development and consumer spending based on artificial intelligence and time series econometric model |
| url | http://dx.doi.org/10.1155/2022/1645232 |
| work_keys_str_mv | AT chaozhifan researchonthecorrelationbetweeninformationandcommunicationtechnologydevelopmentandconsumerspendingbasedonartificialintelligenceandtimeserieseconometricmodel AT sionghooklaw researchonthecorrelationbetweeninformationandcommunicationtechnologydevelopmentandconsumerspendingbasedonartificialintelligenceandtimeserieseconometricmodel AT saifuzzamanibrahim researchonthecorrelationbetweeninformationandcommunicationtechnologydevelopmentandconsumerspendingbasedonartificialintelligenceandtimeserieseconometricmodel AT namnaseem researchonthecorrelationbetweeninformationandcommunicationtechnologydevelopmentandconsumerspendingbasedonartificialintelligenceandtimeserieseconometricmodel |