• Title/Summary/Keyword: BRICS Countries

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Institutional Repositories in BRICS Countries: A Study

  • Dhanavandan, S.;Tamizhchelvan, M.
    • International Journal of Knowledge Content Development & Technology
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    • v.5 no.1
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    • pp.33-47
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    • 2015
  • An institutional repository includes digital assets generated by academics, such as administrative documents, course notes, learning objects, or conference proceedings. It will provide a window that gives open access to improve the sponsoring institution's visibility and status. This paper discusses the growth and development of Institutional Repositories available in BRICS Countries. The relevant data was collected from the directory of OpenDOAR. Based on the data in OpenDOAR, 242 repositories are represented from BRICS countries. Among the 242, 84 (34.71%) repositories are from Brazil, 39 (16.12%) from China, 68 (28.10%) repositories from India, 22 (9.109%) repositories from Russia, and 29(11.98%) repositories from South Africa. Brazil has the largest number of records (11, 17,688) among BRICS Countries repositories.

Shadow Economy, Corruption and Economic Growth: An Analysis of BRICS Countries

  • NGUYEN, Diep Van;DUONG, My Tien Ha
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.665-672
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    • 2021
  • The paper examines the impact of shadow economy and corruption, along with public expenditure, trade openness, foreign direct investment (FDI), inflation, and tax revenue on the economic growth of the BRICS countries. Data were collected from the World Bank, Transparency International, and Heritage Foundation over the 1991-2017 period. The Bayesian linear regression method is used to examine whether shadow economy, corruption and other indicators affect the economic growth of countries studied. This paper applies the normal prior suggested by Lemoine (2019) while the posterior distribution is simulated using Monte Carlo Markov Chain (MCMC) technique through the Gibbs sampling algorithm. The results indicate that public expenditure and trade openness can enhance the BRICS countries' economic growth, with the positive impact probability of 75.69% and 67.11%, respectively. Also, FDI, inflation, and tax revenue positively affect this growth, though the probability of positive effect is ambiguous, ranging from 51.13% to 56.36%. Further, the research's major finding is that shadow economy and control of corruption have a positive effect on the economic growth of the BRICS countries. Nevertheless, the posterior probabilities of these two factors are 62.23% and 65.25%, respectively. This result suggests that their positive effect probability is not high.

Analysis of Strength and Weaknesses in Lifelong Learning System of BRICS (BRICS 국가별 평생교육체제 강점 및 약점 분석연구)

  • Kim, Ju-Seuk
    • The Journal of the Korea Contents Association
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    • v.21 no.11
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    • pp.414-425
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    • 2021
  • The aim of this study is to measure and evaluate competitiveness of lifelong learning systems of BRICS countries in the respect of National Lifelong Learning System (NLLS). To analyze the data, this study used the mechanism model and 32 indicators and 12 sub-factors developed to measure the NLLS of developing countries. As a result of the Global Lifelong Learning Index (GLLI) measurement, China and Russia were relatively strong, while Brazil and South Africa formed the middle group. India scored relatively low. However, there are areas of lifelong education that each country should focus on, and this study compared and analyzed the strengths and weaknesses of the lifelong learning systems of each BRICS country. It is expected that the findings of this study will be used as standards to evaluate lifelong learning-related policies and make decisions to raise NLLS competitiveness, and as basic materials to know current NLLS situations of BRICS countries.

Is nuclear energy a better alternative for mitigating CO2 emissions in BRICS countries? An empirical analysis

  • Hassan, Syed Tauseef;Danish, Danish;khan, Salah-Ud-Din;Baloch, Muhammad Awais;Tarar, Zahid Hassan
    • Nuclear Engineering and Technology
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    • v.52 no.12
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    • pp.2969-2974
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    • 2020
  • Looking at the recent studies, nuclear energy and carbon dioxide (CO2) emissions nexus shows inconclusive result. To further explain nuclear energy-pollution nexuses this study is an attempt to analyze the impact of nuclear energy on pollution reduction for BRICS countries covering data for the period from 1993 to 2017. This study conducts advanced panel techniques such as Continuously-Updated Fully-Modified (CUP-FM) and Continuously-Updated Bias-Corrected (CUP-BC) for long run estimation. Our results support the notion that nuclear energy reduce CO2 emissions. Also, renewable energy corrects environmental pollution in BRICS countries. The magnitude of the coefficient of nuclear energy is less as compared to renewable energy, implying that nuclear is less effective in reducing environmental pollution. The findings offer significant policy understandings and suggestions not only for BRICS economies but for developing countries as well in designing suitable nuclear energy-growth-carbon policies.

The Dynamic Relationship Between FDI, ICT, Trade Openness, and Economic Growth: Evidence from BRICS Countries

  • SOOMRO, Ahmed Nawaz;KUMAR, Jai;KUMARI, Joti
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.295-303
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    • 2022
  • Information and communication technology (ICT) is one of the primary zones that stimulates economic development in today's globalized world. It promotes technological developments in worldwide communication and manufacturing systems, as well as economic growth and development. Many economic activities, such as international trade and foreign direct investment, rely heavily on contemporary information and communications technologies (FDI). The goal of this study is to look at the dynamic relationship between FDI, ICT, trade openness, and economic growth in the context of BRICS countries from 2000 to 2018, with Gross Domestic Product as the dependent variable and Telephone subscriptions, Mobile subscriptions, Broadband subscriptions, Internet subscribers, Secure internet servers, Trade, and Foreign direct investment as the independent variables.Two variables are used as proxies to manage the macroeconomic environment, while five variables are used as proxies for ICT infrastructures. The outcomes of this study are analyzed using Generalized Methods of Movements (GMM). According to this study, ICT has a positive impact on the economic growth of a few countries. Trade openness and foreign direct investment, on the other hand, have a negative impact on economic growth. As growing countries, the BRICS must participate in economic reform and liberalization measures. This report suggests policy proposals for improving ICT standards, focusing especially on economic growth, trade openness, and increasing foreign investment in the BRICS countries.

The Macroeconomic and Institutional Drivers of Stock Market Development: Empirical Evidence from BRICS Economies

  • REHMAN, Mohd Ziaur
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.77-88
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    • 2021
  • The stock markets in the BRICS (Brazil, Russia, India, China and South Africa) countries are the leading emerging markets globally. Therefore, it is pertinent to ascertain the critical drivers of stock market development in these economies. The currrent study empirically investigates to identify the linkages between stock market development, key macro-economic factors and institutional factors in the BRICS economies. The study covers the time period from 2000 to 2017. The dependent variable is the country's stock market development and the independent variables consist of six macroeconomic variables and five institutional variables. The study employs a panel cointegration test, Fully Modified OLS (FMOLS), a Pooled Mean Group (PMG) approach and a heterogeneous panel non-causality test.The findings of the study indicate co-integration among the selected variables across the BRICS stock markets. Long-run estimations reveal that five macroeconomic variables and four variables related to institutional quality are positive and statistically significant. Further, short-run causalities between stock market capitalization and selected variables are detected through the test of non-causality in a heterogeneous panel setting. The findings suggest that policymakers in the BRICS countries should enhance robust macroeconomic conditions to support their financial markets and should strengthen the institutional quality drivers to stimulate the pace of stock market development in their countries.

Linking nuclear energy, human development and carbon emission in BRICS region: Do external debt and financial globalization protect the environment?

  • Sadiq, Muhammad;Shinwari, Riazullah;Usman, Muhammad;Ozturk, Ilhan;Maghyereh, Aktham Issa
    • Nuclear Engineering and Technology
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    • v.54 no.9
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    • pp.3299-3309
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    • 2022
  • Nuclear energy has the potential to play an influential role in energy transition efforts than is now anticipated by many countries. Realizing sustainable human development and reducing global climate crises will become more difficult without significantly increasing nuclear power. This paper aims to probe the role of nuclear energy, external debt, and financial globalization in sustaining human development and environmental conditions simultaneously in BRICS (Brazil, Russia, India, China, and South Africa) countries. This study applied a battery of second-generation estimation approaches over the period from 1990 to 2019. These methods are useful and robust to cross-countries dependencies, slope heterogeneity, parameters endogeneity, and serial correlation that are ignored in conventional approaches to generate more comprehensive and reliable estimates. The empirical findings indicate that nuclear energy and financial globalization contribute to human development, whereas external debt inhibits it. Similarly, financial globalization accelerates ecological deterioration, but nuclear energy and external debt promote environmental sustainability. Moreover, the study reveals bidirectional feedback causalities between human development, carbon emissions and nuclear energy consumption. The study offers useful policy guidance on accomplishing sustainable and inclusive development in BRICS countries.

The Impact of Cross-Border Tourism on Bilateral Trade: Evidence from BRICS Countries

  • He, Yugang
    • The Journal of Economics, Marketing and Management
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    • v.6 no.4
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    • pp.29-39
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    • 2018
  • Purpose - With the improvement of people's living standards, traveling abroad has become a common way for people to release the pressure of life and work. In economics, this kind of way can affect the international trade. Because of this background, this paper sets BRICS countries as an example to explore the impact of cross-border tourism on bilateral trade. Research design, data, and Methodology - The annual time series data sets form 1998 to 2016 are used to perform an empirical analysis under a series of econometric approaches such as the Phillips-Perron test and the Engle-Granger two-step test. In this paper, the cross-border tourism and the bilateral trade will be used to conduct an empirical analysis based on the econometric approaches to analyze the impact of cross-border tourism on bilateral trade. Results - The finding of this paper show that there is a long-run relationship between cross-border tourism and bilateral trade in this sample. Moreover, the cross-border tourism is the Granger causality of bilateral trade. Namely, the cross-border tourism can promote the development of bilateral trade. Conclusions - In short, the evidences that this paper presents show that the cross-border tourism is a driving factor that impacts the bilateral trade in the sample of BRICS countries.

Comparison on Color Preference of BRICs Consumers (BRICs 지역 소비자 색채선호 비교)

  • Choi Mi-Young;Shim Young-Wan;Syn Hye-Young
    • Journal of the Korean Society of Costume
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    • v.56 no.5 s.104
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    • pp.118-131
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    • 2006
  • Color is one of the most effective factor in visual aspect influencing consumer's choice. However, the color preference varies as time passes, society changes, new culture develops, that is variable in its nature. And the underlying meaning or accompanying color image differs in every area. We believe the study on the color preference is meaningful, especially on BRICs market, recently gathering attentions for their market competitiveness and growth potential. For this research, data collected from 5 countries(including Korea) by 1:1 interview during 3 weeks in Aug. 2005. Usable data from 923 adult urban residents were used for final data analysis. Color chart for research was categorized by using COS Color System into KS standard color 10grades plus 1 neutral, with 5 grades of tones. Through this empirical study, the data were analyzed by mean, ANOVA, Duncan-test of SPSS Win(ver.10.0). The result generated from this study are as follows : First, analysis through hue & tone system reveals that preference on principle colors (R, Y, G, B, P) is higher than intermediate colors and pale, light, vivid tones were preferred to dare and deep tones. Second, personal color preference is reflected in color preference in fashion items. Thus, we may conclude color preference in fashion item largely influenced by country characteristics. Third, biggest difference by country from hue analysis are neutral and PB colors. Neutral, widely preferred color in every county, more preferred in India, Russia, Brazil than China. We expect this result can be utilized as a basic material for developing BRICs market.

A Study on Spillover of Technology Trade against Post- BRICs (BRICs 이후 신흥국과의 기술무역 확산방안 연구)

  • Baek, Eun-Young
    • International Commerce and Information Review
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    • v.16 no.5
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    • pp.361-385
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    • 2014
  • This study focused on Spillover of Technology Trade against Post- BRICs of the Technology export of Korea. Therefore this study made an empirical analysis for investigating the competitiveness of technology export in Korea and using panel data 2003-2012 of technology trade data between 6 Countries(Indonesia, Mexico, Nigeria, South Africa, Turkey, Vietnam). In particular, the study deduced the correlation between technology export in Korea using the variables of Gross Domestic Expenditure on R&D and Per capita GDP, distance, population, free-trade index, FDI, Technology-Intensive Manufactures, Pattern Investment fixed effect model in panel linear regression model. It is found that the Technology export of Korea SMEs made a significant effect on the pop, free_trade, and distance. and also it is found that the Technology export of Korea Big Business made a significant effect on the per-GDP, Fdi from Korea, free_trade, and distance. The results suggest that the study should use technology gap variables and the strategy for activating the Technology export of Korea should be made for future works.

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