Research on Application of artificial Neural Network in econometrics

Abstract

As a fringe subject of artificial intelligence and systems engineering, artificial neuron network can not only discover more valuable data information, but also accelerate the calculation speed of data information in econometrics. With the rapid development of econometrics, the artificial neural network method has received wide attention of scholars research at home and abroad, compared with the traditional econometric method, artificial neural network algorithm with adjustable parameters and highly nonlinear simulation operation ability, self-learning and self-organization can function in dealing with practical problems, present a're likelier to carry a strong and adaptability. Therefore, on the basis of understanding the research status of econometrics and artificial neural networks, this paper mainly discusses how to apply artificial neural networks in econometrics, and makes clear the future application direction from the perspective of the development of the new era.