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Sustainable Economic Growth for India: An Exercise in Macroeconomic Scenario Building

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  • V. Pandit

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Abstract

Use of Macroeconometric models has by now assumed a measure of universality as an unavoidable aid to forecasting and policy analysis; challenges and controversies spread over more than two decades notwithstanding. While such models are typically designed and utilised for dealing with short term problems their application to issues of long term growth has been equally important, though less frequent. The present exercise is intended to examine India’s growth prospects during the first two decades of the third millennium on the basis of a comprehensive econometric model. [Working Paper No. 100]

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  • V. Pandit, 2010. "Sustainable Economic Growth for India: An Exercise in Macroeconomic Scenario Building," Working Papers id:2924, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:2924
    Note: Institutional Papers
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    References listed on IDEAS

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    1. anonymous, 1995. "Does the bouncing ball lead to economic growth?," Regional Update, Federal Reserve Bank of Atlanta, issue Jul, pages 1-2,4-6.
    2. V. Pandit, 2001. "Structural Modelling Under Challenge," Working papers 98, Centre for Development Economics, Delhi School of Economics.
    3. Robert J. Barro, 2013. "Inflation and Economic Growth," Annals of Economics and Finance, Society for AEF, vol. 14(1), pages 121-144, May.
    4. L. R. Klein & R. F. Kosobud, 1961. "Some Econometrics of Growth: Great Ratios of Economics," The Quarterly Journal of Economics, Oxford University Press, vol. 75(2), pages 173-198.
    5. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 70(1), pages 65-94.
    6. Xavier Sala-I-Martin, 1997. "Transfers, Social Safety Nets, and Economic Growth," IMF Staff Papers, Palgrave Macmillan, vol. 44(1), pages 81-102, March.
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    Keywords

    Macroeconometric; models; policy analysis; long term growth;

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