Using Data Envelopment Analysis (DEA) to determine Investment decision: A case for South Korea and Northeast India.
Keywords:
Macroeconomic Performance Index, Data Envelopment Analysis, International Investment, State and Local Government, South Korea, India, Northeast India.Abstract
This study explores the rationale for Korean investment in Northeast India by utilizing (Green)Macroeconomic Performance indices. These indices are constructed by employing data envelopment analysis (DEA) approach, using a comprehensive range of macro, fiscal, and environmental indicators such as economic growth, price stability, unemployment, fiscal balance,and forest cover. The findings of this study underscore the importance of diversifying Korean investment across various industries and geographical locations within India. Northeast India's strategic location, coupled with its growing market demand and cultural affinities with South Korea, positions it as an appealing investment destination
References
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Sustainable Development in Asia (Chapter 9), New Frontiers in Regional Science: Asian Perspectives 7. Switzerland: Springer.