Determinants of economic growth in BRIC countries

Rajeev Goel

No 05/2011, Development Research Working Paper Series from Institute for Advanced Development Studies

Abstract: We study economic growth in four emerging economies - Brazil, Russia, India, and China (BRIC). Questions addressed are: (a) How do medium term growth determinants differ from short term determinants? (b) What are differences between growth effects of aggregate versus disaggregated exports? And (c) Does lower institutional quality hinder growth? Results show that while BRIC nations have higher growth, there are significant within-group differences. China and Russia mostly showed higher growth, while India sometimes showed positive growth, and Brazil did not outperform the rest. Policy implications are discussed.

Keywords: Economic growth; BRIC countries; Exports; Institutions; Corruption; World (search for similar items in EconPapers)
JEL-codes: O40 O57 P52 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2011-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Related works:
Journal Article: Economic growth in BRIC countries and comparisons with rest of the world - Crescita economica nei paesi BRIC e confronti con il resto del mondo (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:adv:wpaper:201105

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