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An analysis of the determinants of the long-run growth rate of Bangladesh

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  • B. Bhaskara Rao
  • Gazi Mainul Hassan

Abstract

This article develops a framework to analyse the determinants of the long term growth rate of Bangladesh. It is based on the Solow (1956) growth model and its extension by Mankiw et�al . (1992) and follows Senhadji's (2000) growth accounting procedure to estimate Total Factor Productivity (TFP). Our Growth Accounting Exercise (GAE) shows that growth rate in Bangladesh, until the 1990s was primarily due to factor accumulation. Since then, however, TFP has made a small positive contribution. Using our results on the determinants of TFP, we also examine policy options to double per capita income of Bangladesh in about 15 years.

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File URL: http://hdl.handle.net/10.1080/00036846.2010.510466
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 44 (2012)
Issue (Month): 5 (February)
Pages: 565-580

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Handle: RePEc:taf:applec:44:y:2012:i:5:p:565-580

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Cited by:
  1. Ronald Kumar, 2014. "Exploring the nexus between tourism, remittances and growth in Kenya," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(3), pages 1573-1588, May.
  2. Kumar, Ronald Ravinesh, 2013. "Remittances and economic growth: A study of Guyana," Economic Systems, Elsevier, vol. 37(3), pages 462-472.
  3. Cooray, Arusha & Paradiso, Antonio & Truglia, Francesco Giovanni, 2013. "Do countries belonging to the same region suggest the same growth enhancing variables? Evidence from selected South Asian countries," Economic Modelling, Elsevier, vol. 33(C), pages 772-779.
  4. Kumar, Saten & Pacheco, Gail, 2012. "What determines the long run growth rate in Kenya?," Journal of Policy Modeling, Elsevier, vol. 34(5), pages 705-718.

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