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The Connectedness of Business Cycles Between the BRICS

In: Business Cycles in BRICS

Author

Listed:
  • Paulo Picchetti

    (Fundação Getulio Vargas, Brazil/IBRE/São Paulo School of Economics)

Abstract

The original motivation behind grouping Brazil, Russia, India, China, and South Africa as a relevant economic entity was based on a number of similarities concerning the challenges and opportunities for growth of these emerging nations. In this chapter, we employ a methodology originally proposed be Diebold and Yilmaz in a number of papers (Diebold and Yilmaz, Econ J 119:158–171, 2009; Int J Forecast 28:57–66, 2012; J Econ 182(1):119–134, 2014) to investigate to what extent the economies of these countries are indeed related to each other, analyzing the transmission of economic “shocks” between them.

Suggested Citation

  • Paulo Picchetti, 2019. "The Connectedness of Business Cycles Between the BRICS," Societies and Political Orders in Transition, in: Sergey Smirnov & Ataman Ozyildirim & Paulo Picchetti (ed.), Business Cycles in BRICS, pages 55-65, Springer.
  • Handle: RePEc:spr:socchp:978-3-319-90017-9_4
    DOI: 10.1007/978-3-319-90017-9_4
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    Cited by:

    1. Luysmila Kitrar, Tamara Lipkind, 2020. "Analysis Of Interconnection Of The Indicator Of Economic Attitude And Growth [Анализ Взаимосвязи Показателя Экономического Отношения И Роста]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 6, pages 8-41, December.

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