An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach

This paper attempted at finding the long run relationship or cointegration between foreign direct investment and economic growth for Bangladesh using time series data of 1973-2007. For testing cointegration, the two modern time series econometric approaches- bound testing Autoregressive Distributed...

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Bibliografski detalji
Glavni autori: Shimul, Shafiun Nahin, Abduallah, S.M., Siddiqua, Salina
Format: Članak
Jezik:English
Izdano: BRAC University 2010
Teme:
Online pristup:http://hdl.handle.net/10361/455
id 10361-455
record_format dspace
spelling 10361-4552019-09-29T05:47:47Z An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach Shimul, Shafiun Nahin Abduallah, S.M. Siddiqua, Salina Foreign direct investment Growth cointegration Bound testing Engle Granger Casuality This paper attempted at finding the long run relationship or cointegration between foreign direct investment and economic growth for Bangladesh using time series data of 1973-2007. For testing cointegration, the two modern time series econometric approaches- bound testing Autoregressive Distributed Lag (ARDL) Model and Engle Granger two step procedures - were executed and this study found that FDI and GDP was not cointegrated. Moreover, using Granger Causality test it was shown that the FDI and openness were not significantly causing the GDP per capital both in the short and long run. The study suggested adopting appropriate steps so that FDI can be used as a contributing factor to the economic development. 2010-10-11T09:17:27Z 2010-10-11T09:17:27Z 2009 Article http://hdl.handle.net/10361/455 en BRAC University Journal, BRAC University;Vol.6, No.1,pp. 69-76 application/pdf BRAC University
institution Brac University
collection Institutional Repository
language English
topic Foreign direct investment
Growth cointegration
Bound testing
Engle Granger
Casuality
spellingShingle Foreign direct investment
Growth cointegration
Bound testing
Engle Granger
Casuality
Shimul, Shafiun Nahin
Abduallah, S.M.
Siddiqua, Salina
An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach
description This paper attempted at finding the long run relationship or cointegration between foreign direct investment and economic growth for Bangladesh using time series data of 1973-2007. For testing cointegration, the two modern time series econometric approaches- bound testing Autoregressive Distributed Lag (ARDL) Model and Engle Granger two step procedures - were executed and this study found that FDI and GDP was not cointegrated. Moreover, using Granger Causality test it was shown that the FDI and openness were not significantly causing the GDP per capital both in the short and long run. The study suggested adopting appropriate steps so that FDI can be used as a contributing factor to the economic development.
format Article
author Shimul, Shafiun Nahin
Abduallah, S.M.
Siddiqua, Salina
author_facet Shimul, Shafiun Nahin
Abduallah, S.M.
Siddiqua, Salina
author_sort Shimul, Shafiun Nahin
title An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach
title_short An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach
title_full An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach
title_fullStr An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach
title_full_unstemmed An examination of FDI and growth nexus in Bangladesh: engle granger and bound testing cointegration approach
title_sort examination of fdi and growth nexus in bangladesh: engle granger and bound testing cointegration approach
publisher BRAC University
publishDate 2010
url http://hdl.handle.net/10361/455
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