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Erschienen in: Soft Computing 2/2021

03.08.2020 | Methodologies and Application

Reassessments of gross domestic product model for fractional derivatives with non-singular and singular kernels

verfasst von: Ramazan Ozarslan, Erdal Bas

Erschienen in: Soft Computing | Ausgabe 2/2021

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Abstract

We study gross domestic product (GDP) model utilizing Atangana–Baleanu, Caputo–Fabrizio and Caputo fractional derivatives under the light of real data of the United Kingdom given by World Bank (World development indicators, 2018) between years 1972–2007. We obtain analytical solutions of fractional models by using Laplace transform. We compare the GDP results obtained for different fractional derivatives with real data by simulations and tables with statistical analysis showing the efficiency of fractional models to the integer-order counterpart employing error sum of squares and residual sum of squares.

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Metadaten
Titel
Reassessments of gross domestic product model for fractional derivatives with non-singular and singular kernels
verfasst von
Ramazan Ozarslan
Erdal Bas
Publikationsdatum
03.08.2020
Verlag
Springer Berlin Heidelberg
Erschienen in
Soft Computing / Ausgabe 2/2021
Print ISSN: 1432-7643
Elektronische ISSN: 1433-7479
DOI
https://doi.org/10.1007/s00500-020-05237-4

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