AN EMPIRICAL EVALUATION OF THE MIDDLE-INCOME TRAP AND IMMISERIZING GROWTH IN BRICS COUNTRIES

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dc.contributor.authorApak, Sudi
dc.contributor.authorSarigül, Haşmet
dc.contributor.authorÇakmak, Tuğba Koyuncu
dc.date.accessioned2025-03-26T16:10:02Z
dc.date.available2025-03-26T16:10:02Z
dc.date.issued2023
dc.departmentİstanbul Esenyurt Üniversitesi, Fakülteler, Mühendislik ve Mimarlık Fakültesi, Endüstri Mühendisliği Bölümü
dc.description.abstractThis study explores the middle-income trap and immiserizing growth with a particular focus on BRICS countries, which are at the center of the global economy due to many economic aspects. The existence of a middle-income trap was investigated by testing the stationarity of the time series of each BRICS country’s per capita income relative to the USA which has a balanced-growth path close to the global technology frontier’s growth rate. The findings indicate that Russia is lying within the middle-income trap. Cointegration analysis and robust regression techniques were performed to explore the immiserizing growth effects of merchandise exports. The findings reveal evidence of immiserizing growth for India and South Africa. © (2023). All Rights Reserved.
dc.identifier.doi10.35866/caujed.2023.48.3.001
dc.identifier.endpage24
dc.identifier.issn0254-8372
dc.identifier.issue3
dc.identifier.scopus2-s2.0-85177451232
dc.identifier.scopusqualityQ4
dc.identifier.startpage1
dc.identifier.urihttps://doi.org/10.35866/caujed.2023.48.3.001
dc.identifier.urihttps://hdl.handle.net/20.500.14704/791
dc.identifier.volume48
dc.indekslendigikaynakScopus
dc.language.isoen
dc.publisherEconomic Research Institute of Chung-Ang University
dc.relation.ispartofJournal of Economic Development
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.snmzKA_Scopus_20250326
dc.subjectBRICS
dc.subjectImmiserizing Growth
dc.subjectMiddle-Income Trap
dc.titleAN EMPIRICAL EVALUATION OF THE MIDDLE-INCOME TRAP AND IMMISERIZING GROWTH IN BRICS COUNTRIES
dc.typeArticle

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