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International Journal of Innovative Research and Development, Vol 2, No 12 (2013), Pagination:
Abstract
Globalization and competitiveness, compressed the world in a borderless society. Degree of competitiveness helps to examine the present status and future prospects of an industry. This article is an attempt to measure the extent of global competitiveness in world tea industry. Roy (2006) the formula for degree of competition is applied where Mi is the market share of each individual nation in global tea production, i ranging from 1 to k. For each year we can calculate one such measure, generating there by a time series ata. Based on time series analysis one can indicate the past trend and future direction. The position of India has also been indicted along with top ten nations.
Keywords
Global competitiveness, world tea production, market share, trend analysis, degree of competitiveness
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