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A Peer-reviewed scientific articles/A1 Journal article (refereed), original research
      
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Economic growth in BRIC countries and comparisons with rest of the world, Economia Internazionale / International Economics 3 (2012). Goel, Rajeev K.; Korhonen, Iikka


Category A Peer-reviewed scientific articles
Sub-category A1 Journal article (refereed), original research
auki Internal authors
All authors as text Goel, Rajeev K.; Korhonen, Iikka 
Number of authors
Status Published
Year of publication 2012 
Date 15.03.2012 
Name of article Economic growth in BRIC countries and comparisons with rest of the world 
Name of journal Economia Internazionale / International Economics
Volume of issue 65 
Number of issue
Pages 447-471 
Abstract We study economic growth in four emerging economies – Brazil, Russia, India, and China (BRIC). Questions addressed are: (a) How do mediumterm growth determinants differ from short term determinants? (b) What are differences between growth effects of aggregate versus disaggregated exports? (c) Does lower institutional quality hinder growth? and (d) Do similar factors promote growth across low growth and high growth countries? 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. A nonparametric analysis with a broader set of high-growth nations provides some novel insights. Policy implications are discussed.
Free text descriptor in Finnish talouskasvu; BRIC; Brasilia; Venäjä; Intia; Kiina 
ISSN / e-ISSN 2499-8265 
Open Access Open access -publication