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data by the least squares principle. Estimation has been done by the Particle Swarm (PS) methods of global optimization …
Persistent link: https://www.econbiz.de/10005621577
escape from being caught in such local optima. The Particle Swarm Method of global optimization is one of such methods. A … optimization testifies the success of bounded rationality and decentralized decisionmaking in reaching at the global optima. It has … global optimum by the Repulsive Particle Swarm method. The program has been tested on over 90 benchmark functions of varied …
Persistent link: https://www.econbiz.de/10005626839
globalization are decreasing, which suggest global integration and convergence of national economies to a global order. We also find …This paper constructs composite indices of globalization of 131 countries spread over the five continents and … classified into World-I, World-II and World-III countries. KOF, the Business Cycle Research Institute in the Swiss Federal …
Persistent link: https://www.econbiz.de/10011259939
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 …
Persistent link: https://www.econbiz.de/10011108948
sector of India and purport to examine if, in the wake of globalization, there have been substantial changes in their …
Persistent link: https://www.econbiz.de/10005790330
India brought about by liberalization and globalization of the economy. Structural changes in terms of employment of labour … substitution of capital for labour in almost all states. In the pre-globalization period the industries experienced increasing … returns to scale. Globalization has given way to diminishing returns to scale. Along with a rise in industrial output …
Persistent link: https://www.econbiz.de/10005619394