ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Articles By Narendra Kumar Bishnoi

Characterising Economic Activity in Near Real-time Using High-frequency Indicators in Haryana

There exists almost no information on the dynamics of the economy on a quarterly or monthly basis at the state level. The use of high-frequency indicators opens the door for nowcasting the state economy and would also help to calibrate policy changes in the very short run. This is a pioneering attempt for Haryana, where the HFIs were observed and compared with the gross state domestic product and tax revenue performances and were found to be in sync with each other.