Heru Wahyudi, "How do Macroeconomic Conditions Affect GDP? (BRICS Case Study)," WSEAS Transactions on Environment and Development, vol. 20, pp. 464-472, 2024, DOI:10.37394/232015.2024.20.44
Heru Wahyudi. How do Macroeconomic Conditions Affect GDP? (BRICS Case Study).
WSEAS Transactions on Environment and Development. 2024;20:464-472. 10.37394/232015.2024.20.44
WSEAS Transactions on Environment and Development
Print ISSN: 1790-5079, E-ISSN: 2224-3496
Volume 20, 2024
How do Macroeconomic Conditions Affect GDP? (BRICS Case Study)
Author:
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.
Pages: 464-472 WSEAS Transactions on Environment and Development, ISSN / E-ISSN: 1790-5079 / 2224-3496, Volume 20, 2024, Art. #44 DOI: 10.37394/232015.2024.20.44
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