Forecasting Imports of India Using Autoregressive Integrated Moving Average
International Journal of Business and Administration Research Review 2015
7 Pages Posted: 20 Jul 2021
Date Written: 2015
Abstract
This study attempts to forecast imports of India using Auto Regressive Moving Average (ARMA) and Auto Regressive Integrated Moving Average (ARIMA) models of forecasting. Using data for 1971-72 to 2014-15, imports of India are forecasted for imminent 5 years starting from 2015-16 to 2019-2020. ARMA (2,1,2) are found appropriate for imports of India. Some diagnostic tests are also performed on fitted models and are found well fitted.
Suggested Citation: Suggested Citation
Basha.V, Jeelan, Forecasting Imports of India Using Autoregressive Integrated Moving Average (2015). International Journal of Business and Administration Research Review 2015, Available at SSRN: https://ssrn.com/abstract=3874812
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