UNIT 11 AUTOREGRESSIVE AND DISTRIBUTED LAG MODELS - - - Structure 1 1.0 Objectives 1 1.1 Introduction 1 1.2 Models With Lags 1 1.2.1 1 1.2.2 1 1.2.3 1 1.2.4 1 1.2.5 Distributed Lag Models The Koyck Model Dynamic or Autoregressive Models A More General Dynamic Model Jorgenson's Rational Lag Model 1 1.3 Economic Theory and Models with Lags 1 1.3.1 The Partial Adjustment Model 1 1.3.2 The Adaptive Expectations Model 1 1.4 Interpretation of Coefficients 1 1.5 Estimation and Inference
Words: 3170 - Pages: 13
LECTURE 7 Forecasting with ARMA Models Minimum Mean-Square Error Prediction Imagine that y(t) is a stationary stochastic process with E{y(t)} = 0. We may be interested in predicting values of this process several periods into the future on the basis of its observed history. This history is contained in the so-called information set. In practice, the latter is always a finite set {yt , yt−1 , . . . , yt−p } representing the recent past. Nevertheless, in developing the theory of prediction, it
Words: 4066 - Pages: 17
UNDERSTANDING RURAL DISTRIBUTION A study about the sales and distribution network in rural India SALES AND DISTRIBUTION 4th October, 2009 Group BH Aseem Rastogi – 32235 Stuti Sinha – 32296 Aditi Uppal – 32301 Pratik Kamble – 32303 Sakshi Arora – 32304 Saurabh Ghosh - 32305 Understanding Rural Distribution 2009 TABLE OF CONTENTS EXECUTIVE SUMMARY 3 4 5 8 INTRODUCTION INTERVIEWS CONDUCTED VISIT TO KIRANA STORES PRODUCT AVAILABILITY AT KIRANA STORES 9 13 14 ROLE
Words: 2850 - Pages: 12
research CHAPTER 1 INTRODUCTION 1.1 BACKGROUND OF INDUSTRIAL TRAINING All final year students of Bachelor of Sciences (Hons) (Statistics), Faculty of Computer and Mathematical Sciences, Universiti Teknologi MARA (UiTM) are required to undergo the industrial training. The students will be placed in the government or private organizations of their choice for a period of three months, during which they are also required to design a research
Words: 10336 - Pages: 42
FMCG NOVEMBER 2011 For updated information, please visit www.ibef.org 1 FMCG NOVEMBER 2011 Contents Advantage India Market overview and trends Growth drivers Success stories: Major players Opportunities Useful information For updated information, please visit www.ibef.org 2 FMCG NOVEMBER 2011 Advantage India Growing demand • Attractive opportunities • 2018E Market size: USD74 billion Rising disposable income of the young population has been a major growth driver for
Words: 3711 - Pages: 15
This article is the first in a series of articles about the factors and variables that influence the behavior of consumers. The consumer is a complex individual. His purchase behavior varies greatly depending on internal and external stimuli to which he is subject. For brands, the understanding of this behavior is a major challenge in order to meet the expectations of consumers, trying to convince them to buy their products and thus, increase their sales. Why a consumer chooses one product
Words: 655 - Pages: 3
FINANCIAL ANALYSIS OF FMCG INDUSTRY IN INDIA IIM – LUCKNOW, IPMX (2015-16) MANAC PROJECT (TERM I) – GROUP 11 FOR SUBMISSION TO PROF. PRAKASH SINGH Compiled By: 1. Prateek Dashora (IPMX08035) 2. Shreyas Bakshi (IPMX08047) 3. Siddhartha Chatterjee (IPMX08049) 4. Supriyo Chakraborty (IPMX08051) 5. Susmit Majumdar (IPMX08054) TABLE OF CONTENTS Table of Contents Choice of Industry: FMCG.....................................................................................................
Words: 4885 - Pages: 20
ARCH An ARCH (autoregressive conditionally heteroscedastic) model is a model for the variance of a time series. Given the apparent lack of any structural dynamic economic theory explaining the variation in higher order moments, particularly instrumental in this development has been the autoregressive conditional heteroskedastic (ARCH) class of models introduced by Engle (1982). The ARCH model and its various extensions have proven very effective tools along these lines. In truth, by any yardstick
Words: 733 - Pages: 3
Technology (An ISO 3297: 2007 Certified Organization) Vol. 3, Issue 1, January 2014 FAST MOVING CONSUMER GOODS RETAIL MARKET, GROWTH PROSPECT, MARKET OVERVIEW AND FOOD INFLATION IN INDIAN MARKET – AN OVERVIEW RALLABANDI SRINIVASU Professor & Director –Operations, St. Mary’s Group of Institutions, Hyderabad, India. Abstract:The fast-moving consumer goods (FMCG) sector is an important contributor to India’s GDP. Fast moving consumer goods (FMCGs) constitute a large part of consumers’ budget in all countries
Words: 3399 - Pages: 14
Origin ITC Limited or ITC is an Indian conglomerate headquartered in Kolkata, West Bengal. Its diversified business includes five segments: Fast Moving Consumer Goods (FMCG), Hotels, Paperboards & Packaging, Agri Business & Information Technology. Established in 1910 as the Imperial Tobacco Company of India Limited, the company was rechristened as the Indian Tobacco Company Limited in 1970 and further to I.T.C. Limited in 1974. The periods in the name were removed in September 2001 for the
Words: 318 - Pages: 2
