IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-3-030-46143-0_3.html
   My bibliography  Save this book chapter

Global Integration and Economic Growth in Emerging Countries: The Case of BRICS and NEXT-11

In: Capitalism, Global Change and Sustainable Development

Author

Listed:
  • Misbah T. Choudhry

    (Centre for Research on Economic Empowerment of South Asian Women
    University of Brescia
    University of Perugia)

  • Enrico Marelli

    (Centre for Research on Economic Empowerment of South Asian Women
    University of Brescia
    University of Perugia)

  • Marcello Signorelli

    (Centre for Research on Economic Empowerment of South Asian Women
    University of Brescia
    University of Perugia)

Abstract

This paper investigates the impact of global integration on economic growth in a large group—BRICS and NEXT-11—of emerging countries and it tries to verify a possible different relation for the second group. The period of analysis is 1980–2015. Our hypothesis is that the impact of global integration (measured as foreign direct investment and share of trade as percentage of GDP) on economic growth is not only direct but also indirect through various other determinants of economic growth. Thus, by using panel data econometric estimation techniques, multiplicative models are estimated. Results show that global integration—both trade openness and FDI inflow—benefits economic growth. The coefficients are however higher in the BRICS group rather than in the complete sample.

Suggested Citation

  • Misbah T. Choudhry & Enrico Marelli & Marcello Signorelli, 2020. "Global Integration and Economic Growth in Emerging Countries: The Case of BRICS and NEXT-11," Springer Proceedings in Business and Economics, in: Luigi Paganetto (ed.), Capitalism, Global Change and Sustainable Development, pages 25-55, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-46143-0_3
    DOI: 10.1007/978-3-030-46143-0_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:prbchp:978-3-030-46143-0_3. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.