An Empirical Study on Inflation and Economic Growth in Bangladesh
Year: 2010
Type: preprint
Abstract: In this study, the relationship between the inflation and the economic growth in Bangladesh has been examined in the framework of data covering 1988:2008 periods. The existence of the long term relationship between these two variables has been examined using Bound Test developed by Pesaran et al. (2001), and the existence of a cointegration relationship between the two series has been detected following the test result. Whereas no statistically significant long term relationship has been found with the formed ARDL models, a negative and statistically significant short term relationship has been found. The Causality relationship between the two series has been examined in the framework of the causality test developed by Toda Yamamoto (1995) but no Causality relationship has been found from economic growth to inflation, a Causality relationship has been found from inflation to economic growth.
Source: SSRN Electronic Journal
Author: Shoaib Ahmed
Institution: University of Essex
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W57230391