ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Short-Term Econometric Forecasting Models in India-A Study in Prediction Performance

Short-Term Econometric Forecasting Models in India A Study in Prediction Performance Kalyan Raipuria Rajesh Mehta This paper reports the results of an analysis of the observed deviations in actuals compared to forecasts of short- term econometric forecasting models for the Indian economy and concludes that the models need constant development in terms of specification and identification corresponding to the movement of the economy and changes in the behaviour of the economic actors and in their interrelationships.

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