Testing export-led growth in Bangladesh in a multivarate VAR framework

Love, Jim; Chandra, Ramesh
January 2005
Journal of Asian Economics;Jan2005, Vol. 15 Issue 6, p1155
Academic Journal
Although the link between trade and growth has long been discussed, systematic empirical investigation of the relationship has been undertaken only relatively recently. A number of time-series studies exist for individual countries in the area of export-led growth, but for Bangladesh there has been little work in this area. This study seeks to bridge an important gap in the literature, and is perhaps the first to use Johansen's multivariate framework taking the terms of trade as an additional variable for Bangladesh. The findings suggest that the direction of both long and short-term causality is from income to exports. This result is hardly surprising as, for most of the period covered, Bangladesh has followed an inward-looking strategy of development that discriminated against exports.


Related Articles

  • Protecting Middle East Seaborne Energy Exports. Forbes, Andrew // Security & Terrorism Bulletin;May2008, Issue 8, p4 

    The article discusses on the several ways of protecting energy exports in the Middle East. As a general principle, protection of shipping responsibilities could transition between navies and coastguard's based on geography, the threat and relevant capabilities. A suitable framework for SLOC...

  • ANALYSIS ON NON-TARIFF MEASURES: THE CASE OF EXPORT RESTRICTIONS. Kazeki, Jun; Kleitz, Anthony // OECD Papers;2003, Vol. 3 Issue 3, p1 

    Focuses on overview of existing disciplines on export restrictions in World Trade Organization (WTO) and in other relevant regimes. Export restrictions under WTO; Number of countries applying export duties and minimum export prices; Export restrictions for economic objectives.

  • The Imperative of Export Marketing Challenges of Nigerian Firms. Opara, Bright C.; Adiele, Kenneth C. // European Journal of Social Sciences;Jun2010, Vol. 14 Issue 3/4, p471 

    Despite the need to sell goods and services across National frontiers, there are challenges and little factual information about export marketing behaviour of firms in developing countries. This research focused and identified exporting challenges to Nigerian manufacturing firms' export...

  • Export Controls: Statutory Reporting Requirements for Computers Not Fully Addressed: NSIAD-00-45.  // GAO Reports;11/5/1999, p1 

    The U.S. government controls the export of high-performance computers to some countries because of foreign policy and national security concerns. The Commerce Department considers a high-performance computer to be one that exceeds a defined performance threshold, thus requiring an export...

  • Chapter 2. N: Consignments. Johnson, Thomas E. // Export/Import Procedures & Documentation;2002, p36 

    Chapter 2.N of the book "Export/Import Procedures & Documentation" Fourth Edition is presented. It explores consignment transactions, wherein the ownership of the goods transfers from the exporter or seller to the importer or buyer and to the customer. It highlights the procedural and...

  • Imports & Exports.  // Caribbean Business;5/19/2005, Vol. 33 Issue 19, Special Section pS9 

    This article presents statistical figures related to imports and exports in Puerto Rico. The majority of Puerto Rico's exports during fiscal 2004 were shipped to the U.S. mainland which accounted for 88% of total exports. The Netherlands and Belgium were other important export partners. Top 20...

  • U. S. Exports and Imports For 1952.  // Congressional Digest;Jan1954, Vol. 33 Issue 1, p8 

    The article presents information on the U.S. exports and imports for 1952. Cotton, unmanufactured, semimanufactures and manufactures, vegetable fibers and manufactures, wool, unmanufactured, hair and manufactures, silk and manufactures, man-made fibers and manufactures, miscellaneous textile...

  • Menu Costs, Trade Flows, and Exchange Rate Volatility. Lewis, Logan T. // Working Papers -- U.S. Federal Reserve Board's International Fin;2014, Issue 1102, preceding p1 

    U.S. imports and exports respond little to exchange rate changes in the short run. Pricing behavior has long been thought central to explaining this response: if local prices do not respond to exchange rates, neither will trade flows. Sticky prices and strategic complementarities in price...

  • Lost protection and wages: Some time series evidence for the US Copeland, Cassandra; Thompson, Henry // International Review of Economics & Finance;Oct2008, Vol. 17 Issue 4, p603 

    Abstract: This short note examines some time series evidence relating prices of exports and imports to the aggregate US wage over 34 years of falling tariffs starting in the mid 1960s. The cointegrated unit root series lead to error correction and vector autoregression models. The lost...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics