Short-term Forecasting of India's Export: Developing a Framework by Countries and Commodities

Author Name Rajesh Mehta and Parul Mathur
Author Name: 
Rajesh Mehta and Parul Mathur

The existing country-wise models have not given due attention to the trade sector since most of them have been built keeping in view specific objectives, and a systematic effort is still required for building a short-term econometric forecasting model for India’s export sector. It is with this view that this paper intends to fill one of the gaps in the existing macro-econometric models for the trade sector. The main objective of this paper is to develop a framework for forecasting of India’s annual exports at regular intervals, which would be carried out for principal trading partners and their principal commodities.