International Journal of Networked and Distributed Computing

Volume 9, Issue 1, January 2021, Pages 19 - 24

The Prediction of COVID-19 Using LSTM Algorithms

Authors
Myung Hwa Kim, Ju Hyung Kim, Kyoungjin Lee, Gwang-Yong Gim*
Department of IT Policy and Management, Graduate School, Soongsil University, Seoul, Korea
*Corresponding author. Email: gygim@ssu.ac.kr
Corresponding Author
Gwang-Yong Gim
Received 9 October 2020, Accepted 18 November 2020, Available Online 5 January 2021.
DOI
https://doi.org/10.2991/ijndc.k.201218.003How to use a DOI?
Keywords
COVID-19, prediction, RNN, LSTM, economic effects
Abstract

As COVID-19 enters the pandemic stage, the resulting infections, deaths and economic shocks are emerging. To minimize anxiety and uncertainty about socio-economic damage caused by the COVID-19 pandemic, it is necessary to reasonably predict the economic impact of future disease trends by scientific means. Based on previous cases of epidemic (such as influenza) and economic trends, this study has established an epidemic disease spread model and economic situation prediction model. Based on this model, the author also predict the economic impact of future COVID-19 spread. The results of this study are as follows. First, the deep learning-based economic impact prediction model, which was built based on historical infectious disease data, was verified with verification data to ensure 77% accuracy in predicting inflation rates. Second, based on the economic impact prediction model of the deep learning-based infectious disease, the author presented the COVID-19 trend and future economic impact prediction results for the next 1 year. Currently, most of the published studies on COVID-19 are on the prediction of disease spread by statistical mathematical calculations. This study is expected to be used as an empirical reference to efficient and preemptive decision making by predicting the spread of diseases and economic conditions related to COVID-19 using deep learning technology and historical infectious disease data.

Copyright
© 2021 The Authors. Published by Atlantis Press B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)
View full text (HTML)

Journal
International Journal of Networked and Distributed Computing
Volume-Issue
9 - 1
Pages
19 - 24
Publication Date
2021/01
ISSN (Online)
2211-7946
ISSN (Print)
2211-7938
DOI
https://doi.org/10.2991/ijndc.k.201218.003How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - JOUR
AU  - Myung Hwa Kim
AU  - Ju Hyung Kim
AU  - Kyoungjin Lee
AU  - Gwang-Yong Gim
PY  - 2021
DA  - 2021/01
TI  - The Prediction of COVID-19 Using LSTM Algorithms
JO  - International Journal of Networked and Distributed Computing
SP  - 19
EP  - 24
VL  - 9
IS  - 1
SN  - 2211-7946
UR  - https://doi.org/10.2991/ijndc.k.201218.003
DO  - https://doi.org/10.2991/ijndc.k.201218.003
ID  - Kim2021
ER  -