Do Foreign Grants and Capital Formation Indeed Impact Economic Growth? An Empirical Evidence from Bangladesh
نویسندگان
چکیده
The paper examined how the growth of foreign grants and gross fixed capital formation impact GDP in Bangladesh. We studied relationships between those variables for a period spanning 1983 2017. Johansen cointegration test indicated that there is long-run relationship variables. Therefore, by employing vector error correction model (VECM), we found previous year’s divergence adjusted 69% following year. study also both grants, had positive on
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ژورنال
عنوان ژورنال: European Journal of Development Studies
سال: 2023
ISSN: ['2736-660X']
DOI: https://doi.org/10.24018/ejdevelop.2023.3.3.280