Title : Impacts of Foreign Direct Investment, Foreign Aid and Export Values on Industrialization and Economic Growth in Bangladesh

Authors : Md. Sharif Hossain

Abstract : In this paper the principal purpose has been made to find the impacts of foreign direct investment, foreign aid and export values for structural change i.e. for industrialization and economic growth in Bangladesh, exhibits the stylised facts and conducts modern econometric techniques. Mainly, in order to investigate the causal directions of different macroeconomic variables associated with the change of industrial structure and with economic growth the Granger causality tests are applied. Prior to the Granger causality test, I have examined the order of integration for all variables by the unit roots tests. The co-integrated tests are also applied to know either different pairs of variables share the same stochastic trend or not. Finally, in order to examine the statistical association of the change of the level of industrialization, and economic growth with other selected macroeconomic variables, the regression analysis has also been used in this paper.

Journal : Ritsumeikan Journal of Asia Pacific Studies Volume : 22 Year : March, 2007 Issue : 1
Pages : 53-74 City : Edition : Editors :
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