The Connectedness of Business Cycles Between the BRICS
Paulo Picchetti ()
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Paulo Picchetti: Fundação Getulio Vargas, Brazil/IBRE/São Paulo School of Economics
A chapter in Business Cycles in BRICS, 2019, pp 55-65 from Springer
Abstract:
Abstract The original motivation behind grouping Brazil, Russia, India, China, and South Africa as a relevant economic entity was based on a number of similarities concerning the challenges and opportunities for growth of these emerging nations. In this chapter, we employ a methodology originally proposed be Diebold and Yilmaz in a number of papers (Diebold and Yilmaz, Econ J 119:158–171, 2009; Int J Forecast 28:57–66, 2012; J Econ 182(1):119–134, 2014) to investigate to what extent the economies of these countries are indeed related to each other, analyzing the transmission of economic “shocks” between them.
Keywords: Brazil; Russia; India; China And South (BRICS); BRICS Group; Forecast Error Decomposition; Industrial Production Series; Global Great Recession (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:socchp:978-3-319-90017-9_4
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DOI: 10.1007/978-3-319-90017-9_4
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