DYNAMICS OF INDUSTRIAL PRODUCTION IN BRICS COUNTRIES

Adebayo  Augustine KUTU; Harold NGALAWA

Article Details

DYNAMICS OF INDUSTRIAL PRODUCTION IN BRICS COUNTRIES

Authors:

Adebayo Augustine KUTU | Harold NGALAWA

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Economics and Finance Studies 2016 Vol.8 Issue 1, pp.1-25

Document Type:

Article

Publication Date:

5/2016

Document Language:

Turkish

Document ID (Org No.):

2000810901

Frequency:

Bi-Annual

eISSN:

1309-8055

Abstract:

 

This paper investigates the long run and short run dynamics between industrial
  production and factors affecting production in the Emerging Market Economies of
  Brazil, Russia, India, China and South Africa (BRICS). Using the Chudik and
  Pesaran (2013) P-ARDL model and monthly data from 1994:01 – 2013:12, the
  study finds evidence of a cointegrating relationship between industrial production
  and selected variables. It is further observed that capital, labour, per capita income
  and exports have a positive long run impact on industrial production in the
  BRICS. A currency appreciation (an increase in the exchange rate), however, has
  a negative impact on industrial production. In the short run, it is found that
  imports, exports, exchange rates, labour, capital and per capita income
  significantly affect industrial production.

Article Details

DYNAMICS OF INDUSTRIAL PRODUCTION IN BRICS COUNTRIES

Authors: Adebayo Augustine KUTU | Harold NGALAWA

Publisher: Sosyal Bilimler Araştırmaları Derneği

Journal: International Journal of Economics and Finance Studies 2016 Vol.8 Issue 1, pp.1-25

Document Type: Article

Publication Date: 5/2016

Document Language: Turkish

Document ID (Org No.): 2000810901

Frequency: Bi-Annual

eISSN: 1309-8055

Issues

Authors:

Adebayo Augustine KUTU | Harold NGALAWA

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Economics and Finance Studies 2016 Vol.8 Issue 1, pp.1-25

Document Type:

Article

Publication Date:

5/2016

Document Language:

Turkish

Document ID (Org No.):

2000810901

Frequency:

Bi-Annual

eISSN:

1309-8055