Department of Economics and Banking
Permanent URI for this collectionhttp://dspace.iiuc.ac.bd/handle/88203/241
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Item Public Expenditure and Economic Growth Relationship in Developing Countries: The case of Bangladesh(Journal of Current Researches on Business and Economics,, 2020-10-15) Ahmed, Zobayer; Acet, HakanThis analysis empirically focuses on how government spending affects economic development in Bangladesh. The study uses time-series data from 1965 through 2016 from the World Development Indicators for independent variables household consumption expense, capital formation and public sector consumption spending. The Johansen co-integration test showed a long-run association among the variables. However, OLS results show that capital formation and household consumption expenditure positively and public sector consumption spending negatively affect Bangladesh's GDP. A more productive investment by the government sector may reduce government spending's adverse effects on Bangladesh's GDP