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A Comparative Study of Trends in Globalization Using Different Synthetic Indicators

41 Pages Posted: 11 Apr 2012  

Sudhanshu K. Mishra

North-Eastern Hill University (NEHU)

Date Written: April 10, 2012

Abstract

Using the KOF data at the annual level, we construct ten different composite indices for comparing the extent of globalization of 131 countries for eleven years, 1999-2009. We compare the different indices of globalization among themselves and also with the Dreher-KOF index of globalization and find that among the different indices the Dreher-Chebyshev index is the most representative one. Among the countries, we concentrate on the trends in globalization of India and her neighboring countries, Bangladesh, China, and Pakistan.

Keywords: synthetic, composite indices, pena indicators, particle swarm, combinatorial optimization, globalization, Tsallis entropy, Sharma-Mittal entropy, maximin problem

JEL Classification: C18, C43, C44, C61, F01, F15, F43

Suggested Citation

Mishra, Sudhanshu K., A Comparative Study of Trends in Globalization Using Different Synthetic Indicators (April 10, 2012). Available at SSRN: https://ssrn.com/abstract=2038127 or http://dx.doi.org/10.2139/ssrn.2038127

Sudhanshu K. Mishra (Contact Author)

North-Eastern Hill University (NEHU) ( email )

NEHU Campus
Shillong, 793022
India
03642550102 (Phone)

HOME PAGE: http://www.nehu-economics.info

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