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Determinants of the long-run growth rate of Bangladesh

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  • B. Bhaskara Rao
  • Gazi Hassan

Abstract

This article estimates Total Factor Productivity (TFP) for Bangladesh and analyses its key determinants. According to the Solow (1956) growth model, long-run growth rate equals TFP. Estimated β-coefficients show that trade openness, foreign direct investment and development of financial sector increase TFP.

Suggested Citation

  • B. Bhaskara Rao & Gazi Hassan, 2011. "Determinants of the long-run growth rate of Bangladesh," Applied Economics Letters, Taylor & Francis Journals, vol. 18(7), pages 655-658.
  • Handle: RePEc:taf:apeclt:v:18:y:2011:i:7:p:655-658 DOI: 10.1080/13504851003800760
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    References listed on IDEAS

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    1. Eriksson, Kimmo & Karlander, Johan & Öller, Lars-Erik, 1996. "Hierarchical Assignments: Stability and Fairness," Working Papers 50, National Institute of Economic Research.
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    3. Peijie Wang & Ping Wang, 2007. "Business Cycle Trends, Cycles And Growth Revisited: With Applications To G7 Economies ," Australian Economic Papers, Wiley Blackwell, vol. 46(3), pages 282-299, September.
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    Cited by:

    1. Kumar, Saten & Pacheco, Gail & Rossouw, Stephanie, 2010. "How to Increase the Growth Rate in South Africa?," MPRA Paper 26105, University Library of Munich, Germany.
    2. Chirwa, Themba Gilbert & Odhiambo, Nicholas Mbaya, 2016. "An empirical test of the exogenous growth models: Evidence from three Southern African countries," Working Papers 21083, University of South Africa, Department of Economics.
    3. Chirwa, Themba G. & Odhiambo, Nicholas M., 2016. "What Drives Long-Run Economic Growth? Empirical Evidence from South Africa," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 69(4), pages 429-456.
    4. repec:eco:journ1:2017-04-86 is not listed on IDEAS
    5. Saten Kumar & Gail Pacheco, 2010. "What Determines the Long run Growth in Kenya?," EERI Research Paper Series EERI_RP_2010_16, Economics and Econometrics Research Institute (EERI), Brussels.
    6. repec:vrs:seejeb:v:11:y:2016:i:2:p:33-47:n:3 is not listed on IDEAS
    7. Kumar, Saten, 2015. "Regional integration, capital mobility and financial intermediation revisited: Application of general to specific method in panel data," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 36(C), pages 1-17.
    8. Themba G. Chirwa & Nicholas M. Odhiambo, 2017. "Sources of Economic Growth in Zambia: An Empirical Investigation," Global Business Review, International Management Institute, vol. 18(2), pages 275-290, April.
    9. Chirwa, Themba G & Odhiambo, Nicholas M., 2018. "Electricity Consumption And Economic Growth: New Evidence From Twelve Countries," Working Papers 23508, University of South Africa, Department of Economics.
    10. Rao, B. Bhaskara & Cooray, Arusha, 2010. "Determinants of the long-run growth rate in the South-Asian countries," MPRA Paper 26493, University Library of Munich, Germany.
    11. repec:gam:jecomi:v:5:y:2017:i:3:p:25-:d:104888 is not listed on IDEAS
    12. Chirwa, Themba G & Odhiambo, Nicholas M, 2016. "The drivers of real sector growth in Malawi: an empirical investigation," Working Papers 20037, University of South Africa, Department of Economics.

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