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  • Exports, imports and sustainable economic growth in Bangladesh

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    Selvanathan439913Accepted.pdf (420.0Kb)
    Author(s)
    Selvanathan, S
    Jayasinghe, M
    Selvanathan, EA
    Griffith University Author(s)
    Selvanathan, Saroja
    Selvanathan, Selva A.
    Year published
    2020
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    Abstract
    During the last three decades, Bangladesh has experienced substantial economic growth. Many argue that manufacturing exports are the new engine of economic growth in Bangladesh. Some studies also show empirical evidence for both export-led growth and growth-led exports in Bangladesh. However, the potential growth-enhancing contribution of imports and its causal effects is largely missing in the existing literature. In this chapter, using Autoregressive Distributed Lag framework, we examine the (causal) relationship between trade and economic growth, focusing on the role of both exports and imports on economic growth (or vice ...
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    During the last three decades, Bangladesh has experienced substantial economic growth. Many argue that manufacturing exports are the new engine of economic growth in Bangladesh. Some studies also show empirical evidence for both export-led growth and growth-led exports in Bangladesh. However, the potential growth-enhancing contribution of imports and its causal effects is largely missing in the existing literature. In this chapter, using Autoregressive Distributed Lag framework, we examine the (causal) relationship between trade and economic growth, focusing on the role of both exports and imports on economic growth (or vice versa) in Bangladesh during 1970-2017. Our empirical results support the well-known export-led growth and growthled exports hypotheses with respect to Bangladesh. Interestingly, we also find evidence for import-led growth with some evidence for economic growth-led imports.
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    Book Title
    Climate Adaptation for a Sustainable Economy: Lessons from Bangladesh, an Emerging Tiger of Asia
    Publisher URI
    https://novapublishers.com/shop/climate-adaptation-for-a-sustainable-economy-lessons-from-bangladesh-an-emerging-tiger-of-asia/
    Copyright Statement
    © 2020 Nova Science Publishers Inc. This is the author-manuscript version of this paper. It is reproduced here in accordance with the copyright policy of the publisher. Please refer to the publisher’s website for further information.
    Subject
    Commerce, Management, Tourism and Services
    Publication URI
    http://hdl.handle.net/10072/402416
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    • Book chapters

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