Saturday, October 30, 2021

Underidentification of the structural models (Simultaneous Equation Method) Applied Econometrics









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Source: Econometrics (Madalla), Modern Econometrics (Jand D), Thomachan Sir's Notes (University of Calicut).
 

Sunday, October 24, 2021

Global Economic Outlook - October 2021 (updated) - only Highlights

 Global Economic Outlook - IMF - Highlights

Economic Growth(%)

2018

2019

2020

2021*

2022**

2023**

2024**

World

3.569

2.836

-3.116

5.880

4.889

3.618

3.368

Nepal

7.622

6.657

-2.088

1.803

4.403

6.321

5.428

India

6.533

4.042

-7.252

9.497

8.523

6.569

6.289

China

6.751

5.951

2.342

8.015

5.602

5.277

5.247

Advanced Economies

2.251

1.739

-4.539

5.202

4.535

2.167

1.719

Euro Area

1.852

1.502

-6.337

5.036

4.348

1.977

1.577

G7 economies

2.051

1.615

-4.901

5.258

4.702

1.955

1.488

EU

2.255

1.945

-5..879

5.102

4.441

2.293

1.879

Emerging markets

4.582

3.666

-2.066

6.375

5.146

4.646

4.507

Middle East

2.168

1.477

-2.786

4.107

4.069

3.785

3.637

 

Consumer Prices(%)

2018

2019

2020

2021*

2022**

2023**

2024**

World

3.588

3.465

3.179

4.345

3.813

3.304

3.210

Nepal

4.147

4.639

6.150

3.598

5.695

5.600

5.450

India

3.428

4.762

6.175

5.557

4.876

4.317

4.090

China

2.105

2.903

2.390

1.066

1.820

1.919

2.000

Advanced Economies

1.958

1.396

0.684

2.756

2.334

1.913

1.969

Euro Area

1.755

1.196

0.252

2.191

1.674

1.382

1.527

G7 economies

2.084

1.480

0.797

3.036

2.549

1.996

2.033

EU

1.847

1.437

0.677

2.431

1.886

1.613

1.723

Emerging markets

4.867

5.062

5.066

5.531

4.906

4.305

4.078

Middle East

9.513

7.299

10.088

11.684

8.454

7.104

6.576

* Till October 2021

** Projected


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