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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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 |
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Brac University |
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Institutional Repository |
language |
English |
topic |
Foreign direct investment Growth cointegration Bound testing Engle Granger Casuality |
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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 |
work_keys_str_mv |
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