Nepal Macroeconometric Model
Ra, Sungsup; Rhee, Chang Yong | June 2005
Abstract
This paper describes a medium-sized Keynesian income-expenditure model of the Nepalese economy. The model consists of five building blocks: final demand, prices, credit and money, government, and the balance of payments. The model is useful for policy simulations, economic planning and debt sustainability analysis. The forecasting performance of the model, both within-sample and out-of-sample, is evaluated and found satisfactory. A baseline scenario and two additional scenarios consistent with the Tenth Plan are examined.
Citation
Ra, Sungsup; Rhee, Chang Yong. 2005. Nepal Macroeconometric Model. © Asian Development Bank. http://hdl.handle.net/11540/3287. License: CC BY 3.0 IGO.Keywords
Macroeconomic
Macroeconomic Analysis
Performance Evaluation
Impact Evaluation
Economic indicators
Growth models
Gross domestic product
Macroeconomics
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Citable URI
http://hdl.handle.net/11540/3287Metadata
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