About this document
US and Indian GDP Forecasting Analysis by mandeepkumardagar is a document available to read on EtoBox.
The document analyzes the time series data of US GDP from 1970 to 1991 using the Box-Jenkins methodology to forecast GDP for the first quarter of 1992. It finds that the US GDP series is non-stationary based on graphical analysis, autocorrelation functions, and Augmented Dickey-Fuller unit root tests with various specifications. Taking the first difference of the GDP series results in a stationary series, allowing for ARIMA modeling and forecasting of GDP.
- Author
- mandeepkumardagar
- Language
- EN