Arbeitspapier

Determinants of economic growth in BRIC countries

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.

Language
Englisch

Bibliographic citation
Series: Development Research Working Paper Series ; No. 05/2011

Classification
Wirtschaft
Economic Growth and Aggregate Productivity: General
Comparative Studies of Countries
Comparative Studies of Particular Economies
Subject
Economic growth
BRIC countries
Exports
Institutions
Corruption
World
Wirtschaftswachstum
Export
BRICS-Staaten

Event
Geistige Schöpfung
(who)
Goel, Rajjev K.
Korhonen, Iikka
Event
Veröffentlichung
(who)
Institute for Advanced Development Studies (INESAD)
(where)
La Paz
(when)
2011

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Goel, Rajjev K.
  • Korhonen, Iikka
  • Institute for Advanced Development Studies (INESAD)

Time of origin

  • 2011

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