Economic Growth and Socioeconomic Sustainability in BRICS Countries: A Vector Error Correction Modeling Approach
Author
Abstract
Suggested Citation
DOI: 10.22610/jebs.v13i3(J).3122
Download full text from publisher
References listed on IDEAS
- de Bruyn, S. M. & van den Bergh, J. C. J. M. & Opschoor, J. B., 1998. "Economic growth and emissions: reconsidering the empirical basis of environmental Kuznets curves," Ecological Economics, Elsevier, vol. 25(2), pages 161-175, May.
- Christian K. Tipoy & Marthinus C. Breitenbach & Mulatu F. Zerihun, 2017.
"Equilibrium Exchange Rates and Misalignments: The Case of Homogenous Emerging Market Economies,"
Working Papers
713, Economic Research Southern Africa.
- Christian K. Tipoy & Marthinus C. Breitenbach & Mulatu F. Zerihun, 2017. "Equilibrium Exchange Rates and Misalignments: The Case of Homogenous Emerging Market Economies," Working Papers 201769, University of Pretoria, Department of Economics.
- Kamal A. El-Wassal, 2012. "Foreign Direct Investment And Economic Growth In Arab Countries (1970-2008): An Inquiry Into Determinants Of Growth Benefits," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 37(4), pages 79-100, December.
- Anthony Strittmatter & Uwe Sunde, 2013.
"Health and economic development—evidence from the introduction of public health care,"
Journal of Population Economics, Springer;European Society for Population Economics, vol. 26(4), pages 1549-1584, October.
- Strittmatter, Anthony & Sunde, Uwe, 2011. "Health and Economic Development: Evidence from the Introduction of Public Health Care," IZA Discussion Papers 5901, Institute of Labor Economics (IZA).
- Strittmatter, Anthony & Sunde, Uwe, 2013. "Health and economic development-evidence from the introduction of public health care," Munich Reprints in Economics 19593, University of Munich, Department of Economics.
- Strittmatter, Anthony & Sunde, Uwe, 2011. "Health and Economic Development - Evidence from the Introduction of Public Health Care," Economics Working Paper Series 1132, University of St. Gallen, School of Economics and Political Science.
- Emeka Nkoro & Aham Kelvin Uko, 2016. "Autoregressive Distributed Lag (ARDL) cointegration technique: application and interpretation," Journal of Statistical and Econometric Methods, SCIENPRESS Ltd, vol. 5(4), pages 1-3.
- Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
- John C. Anyanwu, 2012. "Why Does Foreign Direct Investment Go Where It Goes?: New Evidence From African Countries," Annals of Economics and Finance, Society for AEF, vol. 13(2), pages 425-462, November.
- Barro, Robert J, 1990.
"Government Spending in a Simple Model of Endogenous Growth,"
Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 103-126, October.
- Robert J. Barro, 1988. "Government Spending in a Simple Model of Endogenous Growth," NBER Working Papers 2588, National Bureau of Economic Research, Inc.
- Barro, R.J., 1988. "Government Spending In A Simple Model Of Endogenous Growth," RCER Working Papers 130, University of Rochester - Center for Economic Research (RCER).
- Barro, Robert J., 1990. "Government Spending in a Simple Model of Endogeneous Growth," Scholarly Articles 3451296, Harvard University Department of Economics.
- N. Gregory Mankiw & David Romer & David N. Weil, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
- N. Gregory Mankiw & David Romer & David Weil, 1990. "A Contribution to the Empirics of Economic Growth," Working Papers 1990-24, Brown University, Department of Economics.
- N. Gregory Mankiw & David Romer & David N. Weil, 1990. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
- Ogasawara, Kota, 2018. "Health and education during industrialization: Evidence from early twentieth century Japan," International Journal of Educational Development, Elsevier, vol. 61(C), pages 40-54.
- Jesus Felipe, 1999.
"Total factor productivity growth in East Asia: A critical survey,"
Journal of Development Studies, Taylor & Francis Journals, vol. 35(4), pages 1-41.
- Felipe, J., 1997. "Total Factor Productivity Growth in East Asia: A Critical Survey," Papers 65, Asian Development Bank.
- Omer, Abdeen Mustafa, 2008. "Energy, environment and sustainable development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 12(9), pages 2265-2300, December.
- Douglass C. North, 2005. "Introduction to Understanding the Process of Economic Change," Introductory Chapters, in: Understanding the Process of Economic Change, Princeton University Press.
- Temple, Jonathan, 1999. "A positive effect of human capital on growth," Economics Letters, Elsevier, vol. 65(1), pages 131-134, October.
- Farium Kautsiro & Prof. Olawumi D Awolusi, 2020. "Loyalty programs for the passenger transportation industry: a study of Zimbabwean Companies," Journal of Education and Vocational Research, AMH International, vol. 11(1), pages 5-22.
- Frenkel, Michael & Funke, Katja & Stadtmann, Georg, 2004. "A panel analysis of bilateral FDI flows to emerging economies," Economic Systems, Elsevier, vol. 28(3), pages 281-300, September.
- Lamia Jamel & Samir Maktouf, 2017. "The nexus between economic growth, financial development, trade openness, and CO2 emissions in European countries," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1341456-134, January.
- North, Douglass C., 1989. "Institutions and economic growth: An historical introduction," World Development, Elsevier, vol. 17(9), pages 1319-1332, September.
- Huay Lee & Hui Tan, 2006. "Technology Transfer, FDI and Economic Growth in the ASEAN Region," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 11(4), pages 394-410.
- Joachim H. Spangenberg, 2004. "Reconciling sustainability and growth: criteria, indicators, policies," Sustainable Development, John Wiley & Sons, Ltd., vol. 12(2), pages 74-86.
- Olawumi D. Awolusi & Josue Mbonigaba, 2020. "Socio-economic inequality and economic growth in BRICS countries: relationships and policy options," International Journal of Services, Economics and Management, Inderscience Enterprises Ltd, vol. 11(4), pages 390-429.
- Elsa Alexandra Licumba & Janet Dzator & Xiaohe Zhang, 2016. "Health and economic growth: are there gendered effects?: Evidence from selected southern Africa development community region," Journal of Developing Areas, Tennessee State University, College of Business, vol. 50(5), pages 215-227, Special I.
- North, Douglass C., 1971. "Institutional Change and Economic Growth," The Journal of Economic History, Cambridge University Press, vol. 31(1), pages 118-125, March.
- Manuel Arellano & Stephen Bond, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(2), pages 277-297.
- Tom Doan, "undated". "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- L.R. de Mello Jr., 1996. "Foreign Direct Investment, International Knowledge Transfers, and Endogenous Growth: Time Series Evidence," Studies in Economics 9610, School of Economics, University of Kent.
- Ozturk, I., 2007. "Foreign Direct Investment – Growht Nexus: A Review of The Recent Literature," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 4(2), pages 79-98.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Peter Fofuh & Olawumi Dele Awolusi, 2021. "Corporate Social Responsibility in Cameroon: Practices and Environmental Impact," Journal of Education and Vocational Research, AMH International, vol. 12(1), pages 1-18.
- Oluwafemi Aladejuyigbe & Olawumi Dele Awolusi, 2021. "Global Energy Poverty: Nigeria as a Case Study," Information Management and Business Review, AMH International, vol. 13(3), pages 14-29.
- Adrien Fariala & Olawumi Dele Awolusi, 2021. "An assessment of Key Success Factors for Construction Projects in the Democratic Republic of Congo," Information Management and Business Review, AMH International, vol. 13(2), pages 16-34.
- Bariko Delphin & Olawumi Dele Awolusi, 2023. "Credit Accessibility and Growth of Small and Medium Enterprises in Bujumbura, Burundi," Journal of Economics and Behavioral Studies, AMH International, vol. 15(4), pages 13-36.
- Olawumi Dele Awolusi, 2022. "Education and Economic Growth in the Economic Community of West African States (ECOWAS)," Journal of Education and Vocational Research, AMH International, vol. 13(1), pages 6-20.
- Olawumi Dele Awolusi & Abdihakim Mohamed Osman, 2023. "Determinants of Export Performance in Uganda (1989-2020)," Journal of Economics and Behavioral Studies, AMH International, vol. 15(3), pages 34-54.
- Olawumi Dele Awolusi & Shirley Shamen Jayakody, 2022. "Exploring the Impact of Human Resource Management Practices on Employee's Retention: Evidence from the Food and Beverage Industry in the State of Qatar," Journal of Social and Development Sciences, AMH International, vol. 12(4), pages 39-58.
- Abraham Ansu Kanneh & Olawumi Dele Awolusi, 2021. "Staff Assignment Rotation and Project Sustainability in South Sudan," Journal of Education and Vocational Research, AMH International, vol. 12(1), pages 38-56.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Awolusi D. Olawumi, 2019. "Human Capital Development and Economic Growth in BRICS Countries: Controlling for Country Differences," Journal of Economics and Behavioral Studies, AMH International, vol. 11(4), pages 1-17.
- Olawumi D Awolusi & Theuns G Pelser & Adedeji Saidi Adelekan, 2016. "Determinants of Foreign Direct Investment: New Granger Causality Evidence from Asian and African Economies," Journal of Economics and Behavioral Studies, AMH International, vol. 8(1), pages 104-119.
- Olawumi Dele Awolusi, 2022. "Education and Economic Growth in the Economic Community of West African States (ECOWAS)," Journal of Education and Vocational Research, AMH International, vol. 13(1), pages 6-20.
- Ibrar Hussain & Jawad Hussain & Arshad Ali & Shabir Ahmad, 2021. "A Dynamic Analysis of the Impact of Fiscal Adjustment on Economic Growth: Evidence From Pakistan," SAGE Open, , vol. 11(2), pages 21582440211, June.
- Sushil Kumar Haldar, 2009. "Economic Growth in India Revisited," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 10(1), pages 105-126, January.
- Jesús Crespo Cuaresma & Wolfgang Lutz & Warren Sanderson, 2014. "Is the Demographic Dividend an Education Dividend?," Demography, Springer;Population Association of America (PAA), vol. 51(1), pages 299-315, February.
- Måns Söderbom & Francis Teal, 2003.
"Openness and human capital as sources of productivity growth: An empirical investigation,"
CSAE Working Paper Series
2003-06, Centre for the Study of African Economies, University of Oxford.
- Måns Söderbom & Francis Teal, 2004. "Openness and Human Capital as Sources of Productivity Growth: An Empirical Investigation," Development and Comp Systems 0409031, University Library of Munich, Germany.
- Rodrigues Brás Gonçalo & Soukiazis Elias, 2019.
"The Determinants of Entrepreneurship at the Country Level: A Panel Data Approach,"
Entrepreneurship Research Journal, De Gruyter, vol. 9(4), pages 1-17, October.
- Gonçalo Brás & Elias Soukiazis, 2015. "The Determinants of Entrepreneurship at the Country Level: A Panel Data Approach," GEMF Working Papers 2015-14, GEMF, Faculty of Economics, University of Coimbra.
- Yochanan Shachmurove, 2012. "Failing Institutions Are at the Core of the U.S. Financial Crisis," PIER Working Paper Archive 12-040, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Pavel Yakovlev, 2007. "Arms Trade, Military Spending, And Economic Growth," Defence and Peace Economics, Taylor & Francis Journals, vol. 18(4), pages 317-338.
- Roberto Leon-Gonzalez & Daniel Montolio, 2004.
"Growth, convergence and public investment. A Bayesian model averaging approach,"
Applied Economics, Taylor & Francis Journals, vol. 36(17), pages 1925-1936.
- Roberto León-González & Daniel Montolio, "undated". "Growth, Convergence And Public Investment. A Bayesian Model Averaging Approach," Working Papers 13-03 Classification-JEL , Instituto de Estudios Fiscales.
- Roberto Leon Gonzalez & Daniel Montolio Estivill, 2003. "Growth, Convergence and Public Investment. A Bayesian Model Averaging Approach," Working Papers in Economics 106, Universitat de Barcelona. Espai de Recerca en Economia.
- Tansel, Aysit & Öztürk, Ceyhan & Erdil, Erkan, 2021.
"The Impact of Body Mass Index on Growth, Schooling, Productivity, and Savings: A Cross-Country Study,"
GLO Discussion Paper Series
929, Global Labor Organization (GLO).
- Tansel, Aysit & Öztürk, Ceyhan & Erdil, Erkan, 2021. "The Impact of Body Mass Index on Growth, Schooling, Productivity, and Savings: A Cross-Country Study," MPRA Paper 109738, University Library of Munich, Germany.
- Tansel, Aysit & Öztürk, Ceyhan & Erdil, Erkan, 2021. "The Impact of Body Mass Index on Growth, Schooling, Productivity, and Savings: A Cross-Country Study," IZA Discussion Papers 14727, Institute of Labor Economics (IZA).
- Aysit Tansel & Ceyhan Ozturk & Erkan Erdil, 2021. "The Impact of Body Mass Index on Growth, Schooling, Productivity, and Savings: A Cross-Country Study," Koç University-TUSIAD Economic Research Forum Working Papers 2118, Koc University-TUSIAD Economic Research Forum.
- Guido Ascari & Valeria di Cosmo, 2005.
"Determinants of total factor productivity in the italian Regions,"
SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2005(2).
- Guido Ascari & Valeria Di Cosmo, 2005. "Determinants of Total Factor Productivity in the Italian Regions," Macroeconomics 0511009, University Library of Munich, Germany.
- Ruba Abdullah Aljarallah, 2020. "The Economic Impacts of Natural Resource Dependency in Gulf Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 36-52.
- Alok Kumar & Brianne Kober, 2014. "Education and Cross-Country Productivity Differences," Department Discussion Papers 1404, Department of Economics, University of Victoria.
- Thibaut Dort & Pierre-Guillaume Méon & Khalid Sekkat, 2014.
"Does investment spur growth everywhere? Not where institutions are weak,"
Post-Print CEB, ULB -- Universite Libre de Bruxelles, vol. 67(4), pages 482-505, October.
- Thibaut Dort & Pierre-Guillaume Méon & Khalid Sekkat, 2014. "Does Investment Spur Growth Everywhere? Not Where Institutions Are Weak," Kyklos, Wiley Blackwell, vol. 67(4), pages 482-505, November.
- Thibaut Dort & Pierre-Guillaume Méon & Khalid Sekkat, 2013. "Does investment spur growth everywhere? Not where institutions are weak," Working Papers CEB 13-030, ULB -- Universite Libre de Bruxelles.
- Thibaut Dort & Pierre-Guillaume Méon & Khalid Sekkat, 2014. "Does investment spur growth everywhere? Not where institutions are weak," ULB Institutional Repository 2013/184273, ULB -- Universite Libre de Bruxelles.
- Celine Bonnefond, 2014.
"Growth Dynamics And Conditional Convergence Among Chinese Provinces: A Panel Data Investigation Using System Gmm Estimator,"
Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 39(4), pages 1-25, December.
- Céline BONNEFOND, 2013. "Growth dynamics and conditional convergence among Chinese provinces: a panel data investigation using system GMM estimator," Cahiers du GREThA (2007-2019) 2013-23, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
- John Knight & Sai Ding, 2008. "Can the Augmented Solow Model Explain China's Economic Growth? A Cross-Country Panel Data Analysis," Economics Series Working Papers 380, University of Oxford, Department of Economics.
- Simplice A. Asongu, 2017.
"Knowledge Economy Gaps, Policy Syndromes, and Catch-Up Strategies: Fresh South Korean Lessons to Africa,"
Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 211-253, March.
- Asongu Simplice, 2014. "Knowledge Economy Gaps, Policy Syndromes and Catch-up Strategies: Fresh South Korean Lessons to Africa," Working Papers of the African Governance and Development Institute. 14/014, African Governance and Development Institute..
- Asongu, Simplice A, 2014. "Knowledge Economy Gaps, Policy Syndromes and Catch-up Strategies: Fresh South Korean Lessons to Africa," MPRA Paper 58758, University Library of Munich, Germany.
- Simplice A. Asongu, 2014. "Knowledge Economy Gaps, Policy Syndromes and Catch-up Strategies: Fresh South Korean Lessons to Africa," Research Africa Network Working Papers 14/014, Research Africa Network (RAN).
- Simplice Anutechia Asongu, 2014. "Knowledge Economy Gaps, Policy Syndromes and Catch-up Strategies: Fresh South Korean Lessons to Africa," AAYE Policy Research Working Paper Series 14_026, Association of African Young Economists, revised Dec 2014.
- Jean-Marc Fournier & Åsa Johansson, 2016. "The Effect of the Size and the Mix of Public Spending on Growth and Inequality," OECD Economics Department Working Papers 1344, OECD Publishing.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rnd:arjebs:v:13:y:2021:i:3:p:1-23. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Tayyab (email available below). General contact details of provider: https://ojs.amhinternational.com/index.php/jebs .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.