📄 Abstract
<p>The study attempts to examine the effect of trade openness on economic growth for the most rapidly developing countries name as, Brazil, Russia, India, China and South Africa (BRICS), via panel data analysis by using the annual data during the period from 1990 to 2016. The data were obtained from world development indicator of World Bank. As a trade openness variables are Export, Import and GDP was used in this study and applied various econometric models like co-integration test, Levin-lin-chu (LLC), Im-pesaran-shin (IPS) model and Hausman test. The result conforms that the trade openness and economic growth are cointegrated. The results indicates that there is significant effect on openness and economic growth, and the Hausman test report that there is an insignificant effect on the openness and the economic growth.</p> <p><strong>KEY WORDS:</strong> Export, Import, Openness, co-integration, economic growth</p>
📚 How to Cite:
Dr.T.Sampathkumar , Volume 6 , Issue 2, february 2018, EPRA International Journal of Economic and Business Review(JEBR) ,