Global Connectedness of India: An Analysis with Environmental Elements
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 9
Abstract
Global connectedness of a country signifies the connectivity with various nations through different forms of trading. Global connectedness has been measured by global connectedness index (GCI). Generally, it focuses on the flow of trade, capital, information and human being of nations. Connectedness of country may be influenced by various macro environmental elements; like, Human Development Index (HDI), Corruption Perception Index (CPI), Global Peace Index (GPI), Global Terrorism Index (GTI), Inflation Rate, Dependency Ratio, Education Rate etc. Objective of this study is to identify and analysis the effect of the above mention macro environmental elements on global connectedness of India. Multiple Regression model has been implemented on ten years (2006 to 2015) related data of macro environmental elements and global connectedness for calculation of results. Result of reveals that some determinants like CPI, GPI, Dependency Ratio satisfy hypothesis and among them CPI and Dependency have significant effect on global connectedness of India during the sample period. Another side other elements unable to satisfy hypothesis but they have significant effect on global connectedness of India during sample period.
Authors and Affiliations
Somnath Das, Gopal Halder
Keywords
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- DOI 10.9790/487X-2009020915.
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