How do Macroeconomic Conditions Affect GDP? (BRICS Case Study)
Year: 2024
Type: article
Abstract: One of the international institutions in the spotlight is BRICS. Because the countries incorporated in it (Brazil, Russia, India, China, and South Africa) have a fairly high income. Thus, the purpose of this study is to see what factors contribute to economic growth in BRICS countries. The method in this study is Fully Modified Ordinary Least Square (FMOLS). By using a variable of investment, labor force, and electrical energy consumption. Based on the results of the study, there is a positive influence on BRICS revenue.
Author: Heru Wahyudi
Institution: Lampung University
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W4403198203