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- W11528042 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 withingroup 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. - 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 qualita istituzionale scadente puo rallentare la crescita?; (d) la crescita e 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 piu ampio set di paesi ad alta crescita economica. Inoltre vengono discusse le relative implicazioni politiche." @default.
- W11528042 created "2016-06-24" @default.
- W11528042 creator A5029207286 @default.
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- W11528042 date "2012-01-01" @default.
- W11528042 modified "2023-09-24" @default.
- W11528042 title "Economic growth in BRIC countries and comparisons with rest of the world - Crescita economica nei paesi BRIC e confronti con il resto del mondo" @default.
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