Year 2020, Volume 2 , Issue 1, Pages 18 - 24 2020-06-24

The middle income trap implies the economies that cannot show breakthrough after reaching a certain per capita income level and that they are stuck in that income level. The middle income trap prevents economies from reaching a higher income level and eliminating development differences with other countries. For this reason, whether countries are at risk of catching a middle income trap and structural measures should be taken to get rid of it for economies of the countries that are exposed to the trap are important. In this study, it is examined whether BRICS economies are in the middle income trap or not. Gross Domestic Product (GDP) per capita has been used variable. The analysis using the panel data method covers the years 1988-2018. According to the results obtained from the study, it was determined that the BRICS countries examined did not have the risk of middle income trap.
BRICS Countries, Middle Income Trap, Panel Data
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Primary Language en
Subjects Social Sciences, Mathematical Methods
Published Date Spring
Journal Section Articles
Authors

Orcid: 0000-0001-9187-6910
Author: İ̇zzet TAŞAR
Institution: FIRAT ÜNİVERSİTESİ
Country: Turkey


Orcid: 0000-0001-9475-7036
Author: Halil Oğuzhan ERGÜR
Institution: İNÖNÜ ÜNİVERSİTESİ, SOSYAL BİLİMLER ENSTİTÜSÜ
Country: Turkey


Orcid: 0000-0003-4517-4875
Author: Yavuz ÖZEK (Primary Author)
Institution: FIRAT ÜNİVERSİTESİ
Country: Turkey


Dates

Publication Date : June 24, 2020

APA Taşar, İ , Ergür, H , Özek, Y . (2020). Is Middle Income Trap a Threat for BRICS Countries? . Quantrade Journal of Complex Systems in Social Sciences , 2 (1) , 18-24 . Retrieved from https://dergipark.org.tr/en/pub/quantrade/issue/55193/715340