International Macroeconometric Model- the Indian Model, Award in Indian Currency

该项目支持合作研究， 宏观经济计量建模领域， K博士Krishnamurthy，经济研究所 增长，德里大学和劳伦斯克莱因， 大学经济系 宾夕法尼亚 印度有一个长期和值得尊敬的 与实证研究相关的研究工作记录 建模，目前正在研究 构建一个经济计量模型， 既全面又灵活，能够 反映了现有的复杂性， 印度经济和预期的发展 可能在未来几年出现。 模型 将得到维护、修订和更新 并用于预测和政策 分析.它将由一个核心 具有分量的宏观经济计量模型 反映了最重要的增长因素， 经济，以及四个相互 交互式子模型：1）农业，2） 工业，3）公共部门，4）对外贸易。 这些卫星模型将被整合到 核心模型，但能够在一个立场上使用 单独模式。 主要的推进领域将是： 加强处理以下事项的部分： 对外经济关系，发展 更有效率的公营部门， 盈余产生和农业增长 这对于令人满意的增长至关重要， 整个经济。 模型将使用时间- 中央统计局汇编的系列数据 印度储备银行（Reserve Bank of India） 印度的其他可靠数据来源。 拟议项目将与 印度计量经济学家的努力， 项目LINK的研究人员， 宾夕法尼亚 Project LINK是一个国际性的 进行统计研究的研究小组 世界贸易和支付。 国家 许多国家的计量经济学模型， 世界各地的安装在 LINK作为整个国际 交易系统. 模型用于 研究世界经济趋势， 国际经济政策。 范围：该项目将支持以下研究： 世界级的计量经济学家， 发展一个早该实现的经济 印度的增长模式。 作为经济大 作为一个大国， LINK上下文中的显式建模。 这 研究将提供一个国际 对经济趋势和手段的看法 评估其对印度的影响。 在 此外，一个重要的和维护良好的 印度模式将提供有用的工具， 国内经济发展规划。 的 拟议的方案将与 青年科研人员模型培训 建筑，宏观经济政策分析， 数据汇编和专用计算机 工作 该项目由两项赠款资助： 德里大学，INT 9211763 宾夕法尼亚大学，INT 9119327

This project supports cooperative research in the area of macro-econometric modeling between Drs. K. Krishnamurthy, Institute of Economic Growth, University of Delhi and Lawrence Klein, Department of Economics, University of Pennsylvania. India has a long and respectable record in research work related to empirical modeling and is currently working on the construction of an econometric model that is both comprehensive and flexible, capable of reflecting the existing complexities of the Indian economy and of anticipating developments that may emerge in future years. The model will be maintained, revised and updated continuously and used in forecasting and policy analysis. It will consist of a core macroeconometric model having components reflective of the most vital growth factors in the economy, as well as four mutually interactive submodels for: 1) agriculture, 2) industry, 3) public sector, 4) foreign trade. These satellite models will be integrated into the core model but capable of use in a stand alone mode. The major thrust areas will be: -- the strengthening of the segment dealing with external economic relations, development of a more efficient public sector capable of greater surplus generation, and growth in agriculture which is critical for satisfactory growth of the whole economy. The model will use time- series data compiled by the Central Statistical Organization, the Reserve Bank of India, and other reliable data sources in India. The proposed project will collaborate the efforts of Indian econometricians with researchers at project LINK, University of Pennsylvania. Project LINK is an international research group that does statistical studies of world trade and payments. National econometric models from many countries and regions throughout the world are installed at LINK as components of a total international trading system. The models are used for studying world economic trends and international economic policy. Scope: This project will support research among world class econometricians and contribute to the development of a long overdue economic growth model for India. As a major economic power, India ranks high as a candidate for explicit modeling in the LINK context. This research will provide an international perspective on economic tendencies and a means for assessing their impact on India. In addition, a significant and well maintained model for India will provide a useful tool in domestic economic development planning. The proposed programme will be relevant for the training of young researchers in model building, macro-enonometric policy analysis, data compilation, and specialized computer work. The project is being funded under two grants: University of Delhi, INT9211763 University of Pennsylvania, INT9119327