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Dynamics and Causality among Exports, Imports and Income in Bangladesh

Author

Listed:
  • Hossain, Mohammad Amzad

    (Associate Professor, Department of Economics, Jahangirnagar University, Savar, Dhaka, Bangladesh.)

  • Haseen, Laila

    (Assistant Professor, Department of Economics, Jahangirnagar University, Savar, Dhaka, Bangladesh)

  • Jabin, Nazneen

    (Lecturer, Department of Economics, Jagannath University, Dhaka.)

Abstract

There exists a wide range of theore tical and empirical literature on the relationship between foreign trade and economic growth in both developed and developing countries. The early literature fo cused mostly on the role of export in economic growth. The spectacular success of the outward oriented policies in the East Asian countries provided a basis for the adoption of such policies in developing countries. Accordingly, the literatu re tried to support or reject the logic of universal application of export led growth policy in developing countries. The dynamic linkages between export and import or import and income did not receive much attention in the literature. But expe rience shows that in many countries export is highly dependent on import of capital goods and intermediate inputs as well as raw materials giving a case of trivariate causality between exports, imports and economic growth.

Suggested Citation

  • Hossain, Mohammad Amzad & Haseen, Laila & Jabin, Nazneen, 2009. "Dynamics and Causality among Exports, Imports and Income in Bangladesh," Bangladesh Development Studies, Bangladesh Institute of Development Studies (BIDS), vol. 32(2), pages 101-113, June.
    • Handle: RePEc:ris:badest:0482
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    References listed on IDEAS

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    1. repec:ipg:wpaper:37 is not listed on IDEAS
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    3. Mohamed Arouri & Gazi Salah Uddin & Kishwar Nawaz & Muhammad Shahbaz & Frédéric Teulon, 2013. "Causal Linkages between Financial Development, Trade Openness and Economic Growth: Fresh Evidence from Innovative Accounting Approach in Case of Bangladesh," Working Papers 2013-37, Department of Research, Ipag Business School.

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    More about this item

    Keywords

    Dynamics and Causality; Exports; Imports; Income; Bangladesh;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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