Iyer, Tara; Gupta, Abhijit Sen - 2019
This study provides a toolkit to nowcast, or produce early estimates of, gross domestic product (GDP) growth in India …. We use a dynamic factor model (DFM) to nowcast GDP growth in India on a quarterly basis from January 2000 to December … indicators and 12 higher-frequency monthly variables, is able to effectively nowcast growth in India. The variables in the …