• ISSN: 2010-023X (Print)
    • Abbreviated Title: Int. J. Trade, Economics and Financ.
    • Frequency: Quaterly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Managing Editor: Ms. Shira. W. Lu
    • Abstracting/ Indexing:  Crossref, Electronic Journals Library , EBSCO
    • E-mail: ijtef.editorial.office@gmail.com
HOME > Archive > 2014 > Volume 5 Number 1 (Feb. 2014) >
IJTEF 2014 Vol.5(1): 1-5 ISSN: 2010-023X
DOI: 10.7763/IJTEF.2014.V5.331

Testing Export-Led Growth in Bangladesh: An ARDL Bounds Test Approach

Biru Paksha Paul

Abstract—Existing literature on export-led growth for developing countries is voluminous but inconclusive. The emerging economy of Bangladesh is registering spectacular growth in both exports and output in recent decades. This scenario has sparked a rise in research on the export-output relationship for the country. The results are nevertheless ambiguous. In a study over the liberalized regime from 1979 to 2010, this study engages a relatively new method of the autoregressive distributive lag (ARDL) bounds test approach, and finds strong evidence on export-led growth for Bangladesh in both the long run and the short run. Imports, however, do not show any significant relationship with output. The trade reform that began in Bangladesh in the late 1970s appears to have benefited the country’s economic growth.

Index Terms—ARDL bounds test, Bangladesh economy, export-led growth, level relationship, trade liberalization.

Biru Paksha Paul is with the State University of New York at Cortland (SUNY Cortland) (e-mail: biru.paul@cortland.edu).

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Cite:Biru Paksha Paul, "Testing Export-Led Growth in Bangladesh: An ARDL Bounds Test Approach," International Journal of Trade, Economics and Finance vol.5, no.1, pp. 1-5, 2014.

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