Agricultural and Biological Sciences
3 years ago

India's Import Forecasting Reveals Surprising Trends for Next 5 Years

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SSRN Electronic Journal
Forecasting Imports of India Using Autoregressive Integrated Moving Average
Jeelan Basha.V

Paper Summary

The article forecasts India's imports for the next five years using ARMA and ARIMA models. The researchers analyzed data from 1971-72 to 2014-15 and found that ARMA (2,1,2) models are suitable for predicting India's imports. Diagnostic tests confirmed that the fitted models are accurate.

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