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Nepal Macroeconometric Model

dc.contributor.authorSungsup Ra
dc.contributor.authorChang Yong Rhee
dc.description.abstractThis 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.
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleNepal Macroeconometric Model
dc.typeWorking Papers
dc.subject.expertMacroeconomic Analysis
dc.subject.expertPerformance Evaluation
dc.subject.expertImpact Evaluation
dc.subject.adbEconomic indicators
dc.subject.adbGrowth models
dc.subject.adbGross domestic product
dc.subject.adbEconomic forecast
dc.subject.naturalEconomic development projects
dc.subject.naturalEconomic policy
dc.subject.naturalEconomic forecasting
dc.title.seriesNRM Working Paper
dc.contributor.imprintAsian Development Bank
oar.adminregionSouth Asia Region
oar.authorRa, Sungsup
oar.authorRhee, Chang Yong

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  • ADB South Asia Working Paper Series
    The South Asia Working Paper Series of the Asian Development Bank (ADB) is a forum for ongoing and recently completed research and policy studies undertaken in ADB or on its behalf. The series is a knowledge product that replaces the South Asia Economic Report and South Asia Occasional Paper Series. It is meant to enhance greater understanding of current important economic and development issues in South Asia, promote policy dialogue among stakeholders, and facilitate reforms and development management. The ADB south Asia Working Paper Series, maintained by the South Asia Department of ADB, is a quick-disseminating, informal publication whose titles could subsequently be revised for publication as articles in professional journals or chapters in books.

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