Using Data Envelopment Analysis (DEA) to determine Investment decision: A case for South Korea and Northeast India.

Authors

  • Bonwoo Ku, Shreeda Chungkham and Ranjan Kumar Mohanty

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

Acharya, D., & Sahoo, B. K. (2017). Dynamic macroeconomic performance of Indian States: Some post reform evidence. In A. Batabyal & P. Nijkamp (Eds.), Regional Growth and

Sustainable Development in Asia (Chapter 9), New Frontiers in Regional Science: Asian Perspectives 7. Switzerland: Springer.

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Published

2024-10-12

How to Cite

Bonwoo Ku, Shreeda Chungkham and Ranjan Kumar Mohanty. (2024). Using Data Envelopment Analysis (DEA) to determine Investment decision: A case for South Korea and Northeast India . Journal of Computational Analysis and Applications (JoCAAA), 33(08), 1708–1722. Retrieved from https://eudoxuspress.com/index.php/pub/article/view/1809

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Section

Articles