PROJECTION ANALYSIS OF STATES GROSS DOMESTIC PRODUCT USING DISCRETE DYNAMICAL SYSTEMS

Authors

  • Rahela Abdul Rahim
  • Faezzah Mohd Daud
  • Noraziah Man
  • Fatinah Zainon

Abstract

Gross Domestic Product (GDP) represents the total monetary value of all goods and services produced over a specific time period. This study models the GDP data of the state of Melaka and Negeri Sembilan for year 2005-2016. A mathematical model is developed for the state GDP data using Discrete Dynamical system model. The long-term equilibrium value for GDP were estimated using different parameter values. The future GDP for the states were also predicted using the suitable parameter value

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Published

2019-06-30

How to Cite

Rahela Abdul Rahim, Faezzah Mohd Daud, Noraziah Man, & Fatinah Zainon. (2019). PROJECTION ANALYSIS OF STATES GROSS DOMESTIC PRODUCT USING DISCRETE DYNAMICAL SYSTEMS . Journal of Islamic, Social, Economics and Development, 4(20). Retrieved from https://academicinspired.com/jised/article/view/1018

Issue

Vol. 4 No. 20 (2019): Volume: 4 Issues: 20 [June, 2019]

Section

Articles