This post provides a quick summary of economists view of the difference between machine learning and econometrics.
The population of India is projected to reach 1.39 billion by 2026. The important issue facing India is how to sustain this?
The article provides an explanation on methodology to calculate comprehensive concentration index and entropy index using a user defined function in R.
Understanding concentration measures such as Herfindahl-Hirschman Index (HHI) to analyze markets and horizontal mergers.