Amey Sapre

Amey SapreAmey Sapre is a Consultant in the Macro-Finance group at the National Institute of Public Finance and Policy (NIPFP), New Delhi. He graduated from Symbiosis International University, Pune and has a PhD in Economics from the Indian Institute of Technology (IIT) Kanpur. Prior to joining IIT Kanpur, he was a teaching assistant in Economics at Indian Institute of Management (IIM) Ahmedabad, and IIM Indore. He also worked as a UGC-SAP Research Fellow at the School of Economics, Indore on several sponsored research programs in areas of development and agriculture. His research interests include public finance, tax evasion, shadow economy and national accounts statistics.

Papers Published in World Economics:

Analysis of Revisions in Indian GDP Data

This paper studies constant price growth estimates of India’s annual GDP data in order to understand the revision policy adopted by the Central Statistics Office. The use of high-frequency indicators to prepare initial estimates overstates the growth of the economy, although at the aggregate level the difference between initial estimates and final revisions is low. At the sectoral level the extent of revision for almost all sectors is large and the magnitude and direction of the revision is unpredictable. The Central Statistical Office must address issues in data quality and revisions by (i) adopting a comprehensive revision policy, (ii) supplying information and data on high frequency indicators and (iii) adopting revision metrics to assess the quality of estimates.

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