Please use this identifier to cite or link to this item: https://repository.iimb.ac.in/handle/2074/17863
Title: Country risk analysis in emerging markets: The Indian example
Authors: Basu, Sankarshan 
Keywords: Country risk;Country beta model;Risk modeling
Issue Date: 2016
Publisher: Academic Star Publishing Company, USA.
Abstract: The Beta Country Risk Model, as described by Erb, Harvey and Viskanta (1996) and used by Andrade and Teles (2004) for Brazil, is used to estimate the country risk of India based on several macroeconomic indicators. Ordinary least squares regression is run on the white noise (unexpected component) of these variables to explain the variation in country risk to identify the most relevant of these variables. The study shows that the variation in country risk of India is highly correlated with changes are Forex Reserves, Exchange Rate, Current Account Balance, Unemployment rate and GDP Deflator. The effect of political risk on overall country risk is also studied.
URI: https://repository.iimb.ac.in/handle/2074/17863
ISSN: 2155-7950
DOI: 10.15341/jbe(2155-7950)/01.07.2016/004
Appears in Collections:2010-2019 J

Files in This Item:
File SizeFormat 
Basu_JBE_2016_Vol.7_Iss.1.pdf250.6 kBAdobe PDFView/Open    Request a copy
Show full item record

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.