Financial Development, International Trade and Economic Growth Nexus (1971-2016): Examining Bangladesh Perspective

Simple item page
dc.contributor.authorIslam, Md. Shaidul
dc.contributor.authorFaruque, Omar
dc.contributor.authorAhmed3, Zobayer
dc.date.accessioned2022-06-21T09:38:32Z
dc.date.available2022-06-21T09:38:32Z
dc.date.issued2022-05-25
dc.descriptionBangladesh Journal of Integrated Thoughts, 2021en_US
dc.description.abstractStudies have examined economic growth mostly without inspecting the combined effect of international trade (IT) and financial development (FD). Considering Bangladesh's perspective, this study investigates the nexus of IT, FD, and economic growth. Time-series econometric data covering 1971-2016 are used. Econometric techniques that are used to meet the objectives are mainly the “Augmented Dickey-Fuller” for unit root test, “Johansen and Juselius” test for co-integration and popular VECM for checking long-run equilibrium relation and causality test. The exploratory findings of this study show that a long-run equilibrium relationship exists among the IT, FD and the growth of the economy. This study also finds unidirectional or one-way long-run causality from IT and FD to the economy's growth, and in the short-run, bidirectional causality is running from IT to Economic growth and Economic Growth to IT. Policies related to further FD and trade openness are suggested for accelerating the growth of Bangladesh economy.en_US
dc.identifier.citationDOI: https://doi.org/10.52805/bjit.vl7i2.242en_US
dc.identifier.urihttp://dspace.iiuc.ac.bd:8080/xmlui/handle/123456789/3332
dc.language.isoenen_US
dc.publisherBangladesh Journal of Integrated Thoughtsen_US
dc.subjectBangladeshen_US
dc.subjectEconomic Growth (EG)en_US
dc.subjectFinancial Development (FD)en_US
dc.subjectInternational Trade (IT)en_US
dc.subjectVECMen_US
dc.titleFinancial Development, International Trade and Economic Growth Nexus (1971-2016): Examining Bangladesh Perspectiveen_US
dc.typeArticleen_US

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
1_Manuscript+ID+2021020116.pdf
Size:
433.95 KB
Format:
Adobe Portable Document Format
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download

Collections

Department of Economics and Banking