Find in Library
Search millions of books, articles, and more
Indexed Open Access Databases
Volatility and cointegration in export of livestock and marine products of India
oleh: BISHAL GURUNG, RANJIT KUMAR PAUL, LAWRENCE LEPCHA
Format: | Article |
---|---|
Diterbitkan: | Indian Council of Agricultural Research 2014-11-01 |
Deskripsi
This study was carried out to examine the instability and volatility in the export of livestock and marine products of India. It was found that marine export was a bit more stable and less volatile compared to livestock products export. Further, cointegration between the two was also tested. It was concluded that the two export data series were cointegrated. One of its benefits is that the long-run equilibrium relationship can be modelled by a straightforward regression involving the levels of the variables. Finally, the forecast were also obtained, which were quite reliable.