Aggregated imports and expenditure components in Bangladesh: A cointegration and equilibrium correction analysis.

ABSTRACT: Even though there have been a few studies on Bangladesh's aggregate import demand, the effects of the global financial crisis (GFC) on aggregate import demand still need to be measured. The short-run determinants of import demand also remained to be identified in the country. This paper explores both short-run dynamic and long-run cointegrating relationships, capturing the impact of the GFC on aggregate import demand. This study uses annual data from 1980 to 2021 (N = 42) and employs different econometric techniques for efficient results essential for compelling policy implications. The study derives an efficient dynamic equation using the best error correction mechanism. Additionally, this study includes unconventional determinants, namely, foreign currency reserves and components of expe

SUBMITTER: Hosen MZ 

PROVIDER: S-EPMC10361366 | biostudies-literature | 2023 Jun

REPOSITORIES: biostudies-literature