The savings and growth nexus in Bangladesh
The paper investigates the causal relationship between Bangladesh’s gross domestic savings (GDS) and gross domestic product (GDP). Using yearly time series data from 1980 to 2018, we employ two short-run and one long-run causality tests to identify the direction of causality between these two variab...
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BRAC Institute of Governance and Development (BIGD)
2022
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10361-158312022-01-05T21:04:39Z The savings and growth nexus in Bangladesh Rahman, Sultan Hafeez Pabon, Md. Nahid Ferdous Savings Growth VECM Granger causality Bangladesh JEL classification The paper investigates the causal relationship between Bangladesh’s gross domestic savings (GDS) and gross domestic product (GDP). Using yearly time series data from 1980 to 2018, we employ two short-run and one long-run causality tests to identify the direction of causality between these two variables. We find unidirectional causality running from growth to savings in the short run. However, long-run causality is not found in any direction under any of the tests. 2022-01-05T06:09:49Z 2022-01-05T06:09:49Z 2021. 2021-09 Working Paper http://hdl.handle.net/10361/15831 en_US https://bigd.bracu.ac.bd/publications/the-savings-and-growth-nexus-in-bangladesh/ application/pdf BRAC Institute of Governance and Development (BIGD) |
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Brac University |
collection |
Institutional Repository |
language |
en_US |
topic |
Savings Growth VECM Granger causality Bangladesh JEL classification |
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Savings Growth VECM Granger causality Bangladesh JEL classification Rahman, Sultan Hafeez Pabon, Md. Nahid Ferdous The savings and growth nexus in Bangladesh |
description |
The paper investigates the causal relationship between Bangladesh’s gross domestic savings (GDS) and gross domestic product (GDP). Using yearly time series data from 1980 to 2018, we employ two short-run and one long-run causality tests to identify the direction of causality between these two variables. We find unidirectional causality running from growth to savings in the short run. However, long-run causality is not found in any direction under any of the tests. |
format |
Working Paper |
author |
Rahman, Sultan Hafeez Pabon, Md. Nahid Ferdous |
author_facet |
Rahman, Sultan Hafeez Pabon, Md. Nahid Ferdous |
author_sort |
Rahman, Sultan Hafeez |
title |
The savings and growth nexus in Bangladesh |
title_short |
The savings and growth nexus in Bangladesh |
title_full |
The savings and growth nexus in Bangladesh |
title_fullStr |
The savings and growth nexus in Bangladesh |
title_full_unstemmed |
The savings and growth nexus in Bangladesh |
title_sort |
savings and growth nexus in bangladesh |
publisher |
BRAC Institute of Governance and Development (BIGD) |
publishDate |
2022 |
url |
http://hdl.handle.net/10361/15831 |
work_keys_str_mv |
AT rahmansultanhafeez thesavingsandgrowthnexusinbangladesh AT pabonmdnahidferdous thesavingsandgrowthnexusinbangladesh AT rahmansultanhafeez savingsandgrowthnexusinbangladesh AT pabonmdnahidferdous savingsandgrowthnexusinbangladesh |
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1814308385070252032 |