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Explaining the trade relation between India and Sweden in the 21st century
KTH, School of Engineering Sciences (SCI), Mathematics (Dept.), Mathematical Statistics.
KTH, School of Engineering Sciences (SCI), Mathematics (Dept.), Mathematical Statistics.
2023 (English)Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesisAlternative title
Förklara handelsrelationen mellan Indien och Sverige under 2000-talet (Swedish)
Abstract [en]

The following bachelor thesis in Applied Mathematics at the school of Industrial Engineering and Management, aims to investigate which factors affect the trade relation between India and Sweden during the 21st century. This has been done by performing a multiple linear regression analysis. The selected response variable is India's import from Sweden, and the regressor variables are India's direct investments in Sweden, Sweden's direct investment to India, Sweden's import from India, the Swedish krona to Indian rupee exchange rate, as well as the Education level in India. Data is collected monthly and taken from various sources, namely the Central Bureau of Statistics (SCB) and the Swedish Central Bank. Using the OLS method to build and test our model, the results are that the Education level, Exchange rate, and Sweden's import from India are all significant in describing India's import from Sweden in the 21st century, specifically when considering a longer time span. Furthermore, this study found that education is negatively correlated, which could imply a reduced need for knowledge intensive imports as education level increases.

Abstract [sv]

Följande kandidatuppsats inom tillämpad matematik vid institutionen för industriell ekonomi och organisation syftar till att undersöka vilka faktorer som påverkar handelsförhållandet mellan Indien och Sverige under 2000-talet. Detta har gjorts genom att genomföra en multipel linjär regressionsanalys. Den valda beroende variabeln är Indiens import från Sverige, och de oberoende variablerna är Indiens direkta investeringar i Sverige, Sveriges direkta investeringar i Indien, Sveriges import från Indien, växelkursen mellan svenska kronan och indiska rupier, samt utbildningsnivån i Indien. Data samlas in månadsvis och hämtas från olika källor, bland annat Statistiska centralbyrån (SCB) och Sveriges Riksbank. Genom att använda OLS-metoden för att bygga och testa vår modell visar resultaten att utbildningsnivån, växelkursen och Sveriges import från Indien är signifikanta för att beskriva Indiens import från Sverige under 2000-talet, särskilt när man betraktar en längre tidsperiod.

Place, publisher, year, edition, pages
2023.
Series
TRITA-SCI-GRU ; 2023-220
Keywords [en]
Emerging country, Exchange rate, Foreign Direct Investments, Education level, Imports, Trade, Regression analysis
Keywords [sv]
Utvecklingsland, Valutakurs, Utlandsinvestering, Utbildningsnivå, Import, Handel, Regressionsanalys
National Category
Probability Theory and Statistics
Identifiers
URN: urn:nbn:se:kth:diva-341851OAI: oai:DiVA.org:kth-341851DiVA, id: diva2:1823775
Subject / course
Applied Mathematics and Industrial Economics
Educational program
Master of Science in Engineering - Industrial Engineering and Management
Supervisors
Examiners
Available from: 2024-01-03 Created: 2024-01-03 Last updated: 2024-01-03Bibliographically approved

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