Skip to main content
Disciplines
Automotive Business IT + Informatics Construction + Real Estate Electrical Engineering + Electronics Energy + Sustainability Insurance + Risk Finance + Banking Management + Leadership Marketing + Sales Mechanical Engineering + Materials
Events
DE
EN
Books
Journals
Topic Page
Marketing
Start single access now
Access for companies
EXTENDED SEARCH
Log in
Top
Published in:
Shifts in Business-Politics Paradigms: Exploring Lessons and Future Growth Read chapter Read first chapter

2019 | OriginalPaper | Chapter

16. Relationship between Exports and the BRICS Countries’ Gross Domestic Product: A Bayesian Vector Autoregression Approach for the Period 1978–2016

Authors : José Antonio Núñez Mora, Leovardo Mata Mata

Published in: Business Governance and Society

Publisher: Springer International Publishing

Log in

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

This chapter analyzes the relationship between the exports and the Gross Domestic Product (GDP) of Brazil, Russia, India, China and South Africa (BRICS). The purpose is to measure the cumulative average effect that the exports of these countries have had on their economic growth. At this point, the relationship between China and Brazil stands out, since the Asian giant’s exports to Brazil have contributed, to a greater extent than Brazil’s exports to China, to economic growth. Two estimation procedures are used for comparative purposes: a traditional VAR model and a Bayesian VAR model. This Bayesian approach offers superior goodness of fit.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

inform now
previous chapter Persuasion and Dissuasion via Social Networking Sites: The Influence of Word-of-Mouth on Consumer Activism
next chapter Consumer Behavior on Social Media: A Thematic Exploration and an Agenda for Future Inquiry
Literature
Ahmad, J., & Harnhirun, S. (1995). Unit roots and cointegration in estimating causality between exports and economic growth: Empirical evidence from the ASEAN countries. Economics Letters, 49, 329–334.CrossRef
Ahmad, J., & Kwan, A. C. C. (1991). Causality between exports and economic growth: Empirical evidence from Africa. Economics Letters, 37, 243–248.CrossRef
Arize, A. (2002). Imports and exports in 50 countries: Tests for cointegration and structural breaks. International Review of Economics and Finance, 11(1), 101–115.CrossRef
Awokuse, T. O. (2005). Exports, economic growth and causality in Korea. Applied Economics Letters, 12(11), 693–696.CrossRef
Awokuse, T. O. (2007). Causality between exports, imports, and economic growth: Evidence from transition economies. Economics Letters, 94(3), 389–395.CrossRef
Bahmani-Oskooee, M., & Alse, J. (1993). Export growth and economic growth: An application of cointegration and error correction modelling. Journal of Developing Areas, 27(4), 535–542.
Caputi, M., Moreira, A., & Gomes de Lima, M. (2012). Revista CEPAL, 106(1), 57–77.CrossRef
Casanova, C., & Ferreira, R. (2016). Measuring Latin America’s export dependency on China. Journal Chinese Economic and Foreign Trade Studies, 9(3), 213–233.CrossRef
Chow, P. C. Y. (1987). Causality between export growth and industrial development: Empirical evidence from the NICs. Journal of Development Economics, 26(1), 55–63.CrossRef
Chow, G., & Lin, A. L. (2002). Accounting for economic growth in Taiwan and Mainland China: A comparative analysis. Journal of Comparative Economics, 30(3), 507–530.CrossRef
Durán, J., & Pellandra, A. (2017). La irrupción de China y su impacto sobre la estructura productiva y comercial de América Latina y el Caribe. Serie Comercio Internacional. Santiago de Chile: CEPAL.
Hye, Q. M. A., & Boubaker, H. B. H. (2011). Exports, imports and economic growth: An empirical analysis of Tunisia. The IUP Monetary Economics, 9(1), 6–21.
Hye, Q. M. A., & Siddiqui, M. M. (2010). Are imports and exports cointegrated in Pakistan? A rolling window bound testing approach. World Applied Sciences Journal, 9(7), 708–711.
Hye, Q. M. A., & Lau, W. Y. (2015). Trade openness and economic growth: Empirical evidence from India. Journal of Business Economics and Management, 16(1), 188–205.CrossRef
Jaramillo, P. (2009). Estimación de VAR Bayesianos para la Economía Chilena. Revista de Análisis Económico, 24(1), 101–126.
Luna, L. (2014). La C de los BRICS: el rol de China en la consolidación del grupo. Oasis, 19(1), 53–66.
Mah, J. S. (2005). Export expansion, economic growth and causality in China. Applied Economics Letters, 12(2), 105–107.CrossRef
Mbaku, J. M. (1989). Export growth and economic performance in developing countries: Further evidence from Africa. Journal of Economic Development, 14, 127–142.
Montenegro, C., Pereira, M., & Soloaga, I. (2011). El efecto de China en el comercio internacional de América Latina. Estudios de Economia, 38(2), 341–368.CrossRef
Ramos, F. F. R. (2001). Exports, imports, and economic growth in Portugal: Evidence from causality and cointegration analysis. Journal of Economic Modeling, 18(4), 613–623.CrossRef
Sims, C. (1980). Macroeconomics and reality. Econometrica: Journal of the Econometric Society, 48, 1–48.CrossRef
Tyler, W. (1981). Growth and export expansion in developing countries: Some empirical evidence. Journal of Development Economics, 9(1), 121–130.CrossRef
Metadata
Title
Relationship between Exports and the BRICS Countries’ Gross Domestic Product: A Bayesian Vector Autoregression Approach for the Period 1978–2016
Authors
José Antonio Núñez Mora
Leovardo Mata Mata
Copyright Year
2019
Publisher
Springer International Publishing
Book
Business Governance and Society

Print ISBN: 978-3-319-94612-2

Electronic ISBN: 978-3-319-94613-9

Copyright Year: 2019

DOI
https://doi.org/10.1007/978-3-319-94613-9_16