Impact of International Trade, Remittances and Industrialization on the Economic Growth of Bangladesh

• 来源期刊: 中国经济评论：英文版
• 学科: 经济
• 关键词: export import industrialization remittances economic growth
• 年，卷（期）: 2014,（8）
• 页码范围: 485-495
• 页数: 11页
• 分类号: F0

摘要

There are several important factors of growth and many endeavors have been made to apply these factors to explain the growth of different economies at different times. In this context, the objective of this paper is to examine the impact of international trade, remittances and industrialization on the economic growth of Bangladesh using annual data from the period of 1976 to 2010. This study uses the time series econometrics methodology, which covers tests for stationary, cointegration, and specification of the model. This study also focuses on finding causal relationship among export, import, remittances, and industrialization on the economic growth of Bangladesh by using Granger causality test. The result shows that the variables are cointegrated, implying a long-run causal relationship among export, import, remittances, and industrialization on the economic growth of Bangladesh.