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Research on Risk Assessment and Prediction of RMB Internationalization Based on the PCA-SA-BPNN Model

This paper combines principal component analysis, a BP neural network, and a simulated annealing algorithm, to construct a PCA-SA-BPNN risk forecast model to evaluate and predict the RMB internationalization risk status of China. First, we analyze the risk of RMB internationalization and its transmi...

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Detalles Bibliográficos
Autores principales: Hu, Shili, Du, Jie
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Hindawi 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9536953/
https://www.ncbi.nlm.nih.gov/pubmed/36210983
http://dx.doi.org/10.1155/2022/5132718
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author Hu, Shili
Du, Jie
author_facet Hu, Shili
Du, Jie
author_sort Hu, Shili
collection PubMed
description This paper combines principal component analysis, a BP neural network, and a simulated annealing algorithm, to construct a PCA-SA-BPNN risk forecast model to evaluate and predict the RMB internationalization risk status of China. First, we analyze the risk of RMB internationalization and its transmission mechanism from the perspective of the economic characteristics of neighboring countries and trading partner countries. Second, we use the FASP index system construction method for reference to construct a forecast index system for macro- and microrisks brought about by RMB internationalization. Then, the weight of each index is determined through index common degree analysis and principal component analysis, and the risk of RMB internationalization is divided. On this basis, the risks of RMB internationalization in China from 2000 to 2019 are divided into four categories. Based on the BP neural network algorithm optimized by the simulated degradation algorithm, the PCA-SA-BPNN model of RMB internationalization risk forecast is constructed. Finally, the validity of the model is verified by experimental verification, and the risk status of RMB internationalization in 2020 is simulated and predicted. The research results show that the risk status of RMB internationalization in 2020 is basically safe, and the risks of RMB internationalization mainly come from macroeconomic growth risks and systemic risks of the financial system.
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spelling pubmed-95369532022-10-07 Research on Risk Assessment and Prediction of RMB Internationalization Based on the PCA-SA-BPNN Model Hu, Shili Du, Jie Comput Intell Neurosci Research Article This paper combines principal component analysis, a BP neural network, and a simulated annealing algorithm, to construct a PCA-SA-BPNN risk forecast model to evaluate and predict the RMB internationalization risk status of China. First, we analyze the risk of RMB internationalization and its transmission mechanism from the perspective of the economic characteristics of neighboring countries and trading partner countries. Second, we use the FASP index system construction method for reference to construct a forecast index system for macro- and microrisks brought about by RMB internationalization. Then, the weight of each index is determined through index common degree analysis and principal component analysis, and the risk of RMB internationalization is divided. On this basis, the risks of RMB internationalization in China from 2000 to 2019 are divided into four categories. Based on the BP neural network algorithm optimized by the simulated degradation algorithm, the PCA-SA-BPNN model of RMB internationalization risk forecast is constructed. Finally, the validity of the model is verified by experimental verification, and the risk status of RMB internationalization in 2020 is simulated and predicted. The research results show that the risk status of RMB internationalization in 2020 is basically safe, and the risks of RMB internationalization mainly come from macroeconomic growth risks and systemic risks of the financial system. Hindawi 2022-09-29 /pmc/articles/PMC9536953/ /pubmed/36210983 http://dx.doi.org/10.1155/2022/5132718 Text en Copyright © 2022 Shili Hu and Jie Du. https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
spellingShingle Research Article
Hu, Shili
Du, Jie
Research on Risk Assessment and Prediction of RMB Internationalization Based on the PCA-SA-BPNN Model
title Research on Risk Assessment and Prediction of RMB Internationalization Based on the PCA-SA-BPNN Model
title_full Research on Risk Assessment and Prediction of RMB Internationalization Based on the PCA-SA-BPNN Model
title_fullStr Research on Risk Assessment and Prediction of RMB Internationalization Based on the PCA-SA-BPNN Model
title_full_unstemmed Research on Risk Assessment and Prediction of RMB Internationalization Based on the PCA-SA-BPNN Model
title_short Research on Risk Assessment and Prediction of RMB Internationalization Based on the PCA-SA-BPNN Model
title_sort research on risk assessment and prediction of rmb internationalization based on the pca-sa-bpnn model
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9536953/
https://www.ncbi.nlm.nih.gov/pubmed/36210983
http://dx.doi.org/10.1155/2022/5132718
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