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This paper provides estimates of the potential growth rate for India by adopting alternative
approaches of statistical trend filtering techniques and a production function. The
Hodrick-Prescott filtering technique leads to estimated potential GDP growth of about
7 per cent. The warranted growth rate hovers around 8 per cent for the more recent peri...
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This paper provides estimates of the potential growth rate for India by adopting alternative approaches of statistical trend filtering techniques and a production function. The Hodrick-Prescott filtering technique leads to estimated potential GDP growth of about 7 per cent. The warranted growth rate hovers around 8 per cent for the more recent peri...
