International Macroeconometric Model -the Indian Model, Award in Indian and U.S. Currencies

技术说明： 该项目支持在以下领域开展合作研究： 宏观计量经济学建模领域的K。 Krishnamurty，经济增长研究所， 德里大学和劳伦斯·克莱因，系 宾夕法尼亚大学经济学教授。 印度 在研究工作方面的长期而令人尊敬的记录 与经验建模有关，目前 致力于构建一个经济计量模型 既全面又灵活，能够 反映了印度现有的复杂性， 经济和预期的发展， 在未来几年出现。 该车型将 不断维护、修订和更新， 用于预测和政策分析。它将 由核心宏观经济计量模型组成， 反映最重要的增长的成分 四个相互影响的因素， 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卫星模型将被整合到核心 模型，但能够在独立模式下使用。 的 重点领域是： 处理对外经济事务部分 发展更有效的公共关系 能够产生更多盈余的部门，以及 农业的增长对于 整个经济的良好增长。 模型 将使用中央汇编的时间序列数据， 统计组织，印度储备银行， 和其他可靠的数据来源。 的 拟议的项目将合作的努力， 印度计量经济学家与项目研究人员 Link，宾夕法尼亚大学. 项目LINK 一个国际研究小组， 世界贸易和支付的统计研究。 许多国家的国家计量经济学模型， 世界各地都安装了LINK 作为国际贸易总额的组成部分 系统 这些模型用于研究世界 经济趋势和国际经济政策。 范围：该项目将支持以下研究： 世界级的计量经济学家，并为 一个早就应该建立的经济增长模式 为印度。 作为经济大国，印度位列 作为显式建模的候选者， LINK上下文。这项研究将提供一个 经济趋势的国际视角， 一种评估其对印度影响的手段。 在 此外，一个重要的和维护良好的模型 为印度国内提供了一个有用的工具， 经济发展规划。 拟议 方案将与青年培训有关， 研究人员在模型建设，宏观enonometric 政策分析、数据汇编和专门 电脑工作。 该项目由两项赠款资助： 德里大学，INT9211763 宾夕法尼亚大学，INT9119327

Technical Description: This project supports cooperative research in the area of macro-econometric modeling between Drs. K. Krishnamurty, 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 relfective 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 modelswill 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 Organisation, 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