FDI inflow in pharmaceutical, chemical, metallurgical and textile industry of India

By Divya Narang and Saptarshi Basu Roy Choudhury on December 19, 2018 No Comments

The Indian economy witnessed a high FDI inflow after the reform of economic liberalization. The increasing trend continued in the last financial year 2017-18. This increase can be attributed to factors such as the high rate of GDP growth, low inflation rate, exchange rate, trade openness and economic and political stability.

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How to build the univariate ARIMA model for time series in STATA?

By Priya Chetty and Divya Narang on February 6, 2018 5 Comments

Autoregressive Integrated Moving Average (ARIMA) is popularly known as Box-Jenkins method. The emphasis of this method is on analyzing the probabilistic or stochastic properties of a single time series. Unlike regression models where Y is explained by X1 X2….XN regressor (like the introductory case where GDP is explained by GFC and PFC), ARIMA allows Y (GDP) to be explained by its own past or lagged values.