IDEAS home Printed from https://ideas.repec.org/a/epw/develo/v4y2024i2id15343.html

Capital Market Efficiency and Economic Growth: Evidence from Bangladesh

Author

Listed:
  • Fakrul Ahmed

    (Department of Finance, University of Chittagong, Bangladesh)

  • Md Ataur Rahman Chowdhury

    (Joint Director, Bangladesh Bank, Bangladesh)

Abstract

This study explores the influence of capital market efficiency on Bangladesh’s economic growth, using time series data covering market capitalization, total market turnover, and stock price indices from 2011 to 2022. The application of a multiple regression model reveals that the Bangladesh capital market has the potential to contribute significantly to the country’s economic growth. This potential is attributed to the notable characteristics of high market capitalization and relatively robust market liquidity. Consequently, it is recommended that market organizations and regulations be structured to attract a substantial number of both domestic and foreign investors, encouraging substantial listings, investments, and trading. Such measures are crucial to achieving the central objective of optimally allocating economic resources for the sustained and resilient growth of the nation.

Suggested Citation

Handle: RePEc:epw:develo:v:4:y:2024:i:2:id:15343
DOI: 10.24018/ejdevelop.2024.4.2.343
as

Download full text from publisher

File URL: https://eu-opensci.org/index.php/ejdevelop/article/view/15343
File Function: Abstract page
Download Restriction: no
File URL: https://eu-opensci.org/index.php/ejdevelop/article/download/15343/3558
File Function: Full text
Download Restriction: no
File URL: https://libkey.io/10.24018/ejdevelop.2024.4.2.343?utm_source=ideas
LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
---><---

More about this item

Keywords

;
;
;
;

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:epw:develo:v:4:y:2024:i:2:id:15343. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Support Team (email available below). General contact details of provider: https://eu-opensci.org/index.php/ejdevelop .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.