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      • KCI등재

        Impact of Debts on Economic Growth of Bangladesh: An Application of ARDL Model

        Hossain, Muhammad Amir,Shirin, Shabnam KNU The Institute of ManagementEconomy Research 2016 Asia-Pacific Journal of Business Vol.7 No.1

        This study attempts to investigate the effects of different types of debts on economic growth in Bangladesh using time series data spanning from 2000 to 2015. In this study, the RDL model has been applied to determine the long run relationship among the selected variables. The result of the ARDL model shows that there exists a long term relationship between economic growth and the debt variables. It was evident from the findings that there exists bidirectional causality between public sector external debt and economic growth. Causality between private external debt and economic growth has been found to be insignificant. However, causality between domestic debt and economic growth showed a unidirectional causality from domestic debt to economic growth and not vice versa. Causality tests suggest that impact of domestic debt on economic growth is more effective compared to external debts.

      • Impact of Debts on Economic Growth of Bangladesh: An Application of ARDL M

        Muhammad Amir Hossain,Shabnam Shirin 강원대학교 경영경제연구소 2016 Asia-Pacific Journal of Business Vol.7 No.1

        This study attempts to investigate the effects of different types of debts on economic growth in Bangladesh using time series data spanning from 2000 to 2015. In this study, the RDL model has been applied to determine the long run relationship among the selected variables. The result of the ARDL model shows that there exists a long term relationship between economic growth and the debt variables. It was evident from the findings that there exists bidirectional causality between public sector external debt and economic growth. Causality between private external debt and economic growth has been found to be insignificant. However, causality between domestic debt and economic growth showed a unidirectional causality from domestic debt to economic growth and not vice versa. Causality tests suggest that impact of domestic debt on economic growth is more effective compared to external debts.

      • KCI등재

        Impact of Debts on Economic Growth of Bangladesh: An Application of ARDL Model

        Dr. Muhammad Amir Hossain,Ms. Shabnam Shirin 강원대학교 경영경제연구소 2016 Asia-Pacific Journal of Business Vol.7 No.1

        This study attempts to investigate the effects of different types of debts on economic growth in Bangladesh using time series data spanning from 2000 to 2015. In this study, the RDL model has been applied to determine the long run relationship among the selected variables. The result of the ARDL model shows that there exists a long term relationship between economic growth and the debt variables. It was evident from the findings that there exists bidirectional causality between public sector external debt and economic growth. Causality between private external debt and economic growth has been found to be insignificant. However, causality between domestic debt and economic growth showed a unidirectional causality from domestic debt to economic growth and not vice versa. Causality tests suggest that impact of domestic debt on economic growth is more effective compared to external debts.

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