Forecasting State Domestic Product and Inflation Macroeconometric Model for AP, Karnataka and UP
@inproceedings{Bhattacharya2016ForecastingSD, title={Forecasting State Domestic Product and Inflation Macroeconometric Model for AP, Karnataka and UP}, author={B. Bhattacharya and N. R. Bhanumurthy and S. Kar and S. Sakthivel}, year={2016} }
n India, macroeconometric modelling is used to forecast gross domestic product at the aggregate and disaggregate levels. A number of macroeconometric models are now used regularly for these forecasts. The Development Planning Centre (DPC) of the Institute of Economic Growth (IEG) has successfully forecasted key macroeconomic variables at the nationallevel using both structural econometric and time series-models. At present, there is no attempt to develop an econometric model to forecast state… CONTINUE READING
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