Crescita economica nei paesi BRIC e confronti con il resto del mondo (Economic Growth in BRIC Countries and Comparisons with Rest of the World)

Economia Internazionale/International Economics, vol. 65, no. 3, pp. 447-471, 2011

Posted: 27 Sep 2014 Last revised: 19 Apr 2016

See all articles by Rajeev K. Goel

Rajeev K. Goel

Illinois State University - Department of Economics

Iikka Korhonen

Bank of Finland - Institute for Economies in Transition (BOFIT)

Date Written: 2011

Abstract

Italian Abstract: In questo lavoro si studiano quattro economie emergenti: Brasile, Russia, India e Cina (BRIC). I problemi affrontati sono: (a) le determinanti della crescita nel medio periodo sono diverse da quelle della crescita nel breve periodo?; (b) quali differenze ci sono fra gli effetti della crescita delle esportazioni aggregate e delle esportazioni disaggregate?; (c) una qualità istituzionale scadente può rallentare la crescita?; (d) la crescita è stimolata da fattori simili sia nei paesi a crescita lenta che in quelli a crescita elevata? I risultati mostrano che, sebbene i paesi dell’area BRIC presentino tutti tassi di crescita elevata, vi sono differenze significative all’interno dell’area stessa. Alcuni risultati nuovi sono forniti dall’analisi non-parametrica su un più ampio set di paesi ad alta crescita economica. Inoltre vengono discusse le relative implicazioni politiche.

English 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? (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.

Note: Downloadable document is in Italian.

Keywords: Economic growth; BRIC countries; Exports; Institutions; Corruption ; World

JEL Classification: O40; O57; P5

Suggested Citation

Goel, Rajeev K. and Korhonen, Iikka, Crescita economica nei paesi BRIC e confronti con il resto del mondo (Economic Growth in BRIC Countries and Comparisons with Rest of the World) (2011). Economia Internazionale/International Economics, vol. 65, no. 3, pp. 447-471, 2011. Available at SSRN: https://ssrn.com/abstract=2500898

Rajeev K. Goel (Contact Author)

Illinois State University - Department of Economics ( email )

Normal, IL 61790-4200
United States

Iikka Korhonen

Bank of Finland - Institute for Economies in Transition (BOFIT) ( email )

P.O.Box 160
Helsinki 00101
Finland

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
265
PlumX Metrics