Economic Growth Factors Influencing Emerging Market Economies

Authors

  • Aanchal Andrews Senior Credit Risk Specialist, Wells Fargo USA, Texas
  • Yogesh Agrawal Senior Manager, Ernst and Young LLP USA Texas
  • Deepa Pareek Professor of Economics, The IIS University Jaipur

DOI:

https://doi.org/10.33516/maj.v58i4.45-48p

Keywords:

No Keywords

Abstract

The purpose of this study is to identify factors responsible for the growth of selected economies that are emerging as recognized by IMF based on evaluation of available data for the period 2000 to 2017. The study analyses the growth trajectory and suggests policy implications for the selected EMEs and utilizes panel data regression models, namely, pooled regression models, fixed vs. random panel models and dynamic panel regression models. The study found a significant and positive influence of broad money, agriculture, capital, air transportation and current account balance on the economic growth of the countries. However, health expenditure and domestic credit have a negative impact on the GDP of the 19 selected EMEs.

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Published

2023-04-01

How to Cite

Andrews, A., Agrawal, Y., & Pareek, D. (2023). Economic Growth Factors Influencing Emerging Market Economies. The Management Accountant Journal, 58(4), 45–48. https://doi.org/10.33516/maj.v58i4.45-48p

Issue

Section

Economics

References

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