The paper investigates interrelations between the dynamics of national central banks' interest rates and international trade within the BRIC countries. It shows that countries with lower interest rates experience growth of the share of machinery industry exports rather than agriculture and food...

This study aimed to calculate the patterns of similarity and income content of Brazilian, Russian, Chinese and Indian exports by means of indexes, and compare those patterns with those of OECD countries, covering a period between 2000 and 2009. The results indicate that Brazilian, Russian,...

This paper investigates the linkages between farmers' machinery investment decision and off-farm employment in China. Both the theoretical model and the empirical results based on a survey of 453 households in Anhui Province indicate that agricultural labor input and small-size machinery...