A novel graph theoretical polynomial, P-epsilon(G,x), counting the edge con
nectivity is introduced. The first derivative of this polynomial evaluated
for x = 0 is equal to the edge-connectivity index of the molecular graph. A
series of edge-connectivity indices modified to include long-range bond co
ntributions, epsilon(c)(x), are obtained by using values of x different fro
m zero. These indices form three independent (orthogonal) groups containing
different structural information as proved by the principal component anal
ysis. The use of the epsilon(c)(x) indices in QSPR studies produced signifi
cant improvements in the statistical results compared to the original edge-
connectivity index, epsilon, for six of the seven properties studied. Some
of the novel descriptors are able to describe physicochemical properties po
orly correlated to the original epsilon index.