Arabica coffee price forecast: a neural network application CNN-BLSTM

This work proposes the use of the CNN-BLSTM neural network as a tool to predict the price of arabica coffee. The database provided by CEPEA (Center for Advanced Studies in Applied Economics) presents a historical series of the price of arabica coffee, in the period between January 1997 and December...

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Detalles Bibliográficos
Autor: Santos, José Airton Azevedo dos
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2022
País:Brasil
Institución:Universidade Federal de Itajubá (UNIFEI)
Repositorio:Research, Society and Development
Idioma:portugués
OAI Identifier:oai:ojs.pkp.sfu.ca:article/26101
Acceso en línea:https://rsdjournal.org/index.php/rsd/article/view/26101
Access Level:acceso abierto
Palabra clave:Artificial neural networks
Arabica coffee
Keras
Python.
Redes neuronales artificiales
Café arábica
Redes neurais artificiais
Descripción
Sumario:This work proposes the use of the CNN-BLSTM neural network as a tool to predict the price of arabica coffee. The database provided by CEPEA (Center for Advanced Studies in Applied Economics) presents a historical series of the price of arabica coffee, in the period between January 1997 and December 2021. Forecast models based on neural networks LSTM, BLSTM, CNN and CNN-BLSTM were implemented, in the Python language, using the Keras framework. Results obtained, from the four models, were compared using MAE, RMSE and MAPE metrics. It was verified, for a horizon of 6 months, that the CNN-BLSTM model presented better performance.