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In this paper, we estimate a GVAR model in order to study the transmission of shocks between the EU15 and the USA … trade and credit which act as the transmission channels, whereas EU15 is being treated as a single economy. Our main finding …
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out of the current crisis. Overall, our results indicate that markets are more integrated since the crisis, which suggest …
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trade and FDI are found to have significant impact on the upsurge of labour productivity growth in BRICS, where the … globalization on labour productivity growth in BRICS countries. The study also examines the relative role of consumption factors and …
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effect on South Africa's growth. BRICS trade does not Granger Cause growth in South Africa. Trade and investment policy …The article addressed the central issue on whether South Africa's joining of the BRICS has led to a sustainable growth … from 1990 to 2014. Empirical results were insignificant to explain the long-run relationship between South Africa's trade …
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