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Title: |
Trade and Financial Liberalisation and
Endogenous Growth in Bangladesh |
| Author: |
Siddiki, Jalal
U. |
| Author
Affiliation: |
Kingston U,
Surrey |
| Source: |
International Economic Journal, Autumn 2002, v. 16, no. 3, pp. 23-37 |
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Publication Date: |
Autumn 2002 |
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Abstract: |
This paper
empirically explores the joint impact of financial and trade
liberalisation on economic growth in Bangladesh using various time
series techniques, endogenous growth theory and annual data from
1975-95. Our empirical results are in accordance with the predictions of
endogenous growth theory that both financial and trade liberalisation,
along with investment in human capital enhance economic growth,
suggesting the case for liberalisation of both the financial and trade
sectors and suggesting that government initiatives in education policy
may expedite economic-growth. Results are robust across methodologies. |
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