A Study of Trade and Economic Growth in BRIC Countries
This survey has made an investigation about the trade openness which has a impact on the economic growth
among the BRIC countries, which including Brazil, China, India and South Africa. This study utilized a dynamic growth
model with the data from the BRIC countries covering 1985 to 2015. Considering the long-run equilibrium relations, we
adopted the Pooled Mean Group estimation technique to draw conclusions from dynamic heterogeneous panels.
Keywords - Trade openness; Economic growth; BRIC countries