An analysis of the determinants of the long-run growth rate of Bangladesh

B. Bhaskara Rao; Gazi Mainul Hassan

doi:10.1080/00036846.2010.510466

An analysis of the determinants of the long-run growth rate of Bangladesh

B. Bhaskara Rao, Gazi Mainul Hassan

Research output: Contribution to journal › Article › peer-review

18 Citations (Scopus)

Abstract

This article develops a framework to analyse the determinants of the long term growth rate of Bangladesh. It is based on the Solow (1956) growth model and its extension by Mankiw et al. (1992) and follows Senhadji's (2000) growth accounting procedure to estimate Total Factor Productivity (TFP). Our Growth Accounting Exercise (GAE) shows that growth rate in Bangladesh, until the 1990s was primarily due to factor accumulation. Since then, however, TFP has made a small positive contribution. Using our results on the determinants of TFP, we also examine policy options to double per capita income of Bangladesh in about 15 years.

Original language	English
Pages (from-to)	565-580
Number of pages	16
Journal	Applied Economics
Volume	44
Issue number	5
DOIs	https://doi.org/10.1080/00036846.2010.510466
Publication status	Published - 2012

Keywords

Bangladesh
economic development
economic policy
economics
growth rates
industrial productivity

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/00036846.2010.510466

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AB - This article develops a framework to analyse the determinants of the long term growth rate of Bangladesh. It is based on the Solow (1956) growth model and its extension by Mankiw et al. (1992) and follows Senhadji's (2000) growth accounting procedure to estimate Total Factor Productivity (TFP). Our Growth Accounting Exercise (GAE) shows that growth rate in Bangladesh, until the 1990s was primarily due to factor accumulation. Since then, however, TFP has made a small positive contribution. Using our results on the determinants of TFP, we also examine policy options to double per capita income of Bangladesh in about 15 years.

KW - Bangladesh

KW - economic development

KW - economic policy

KW - economics

KW - growth rates

KW - industrial productivity

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JF - Applied Economics

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ER -

An analysis of the determinants of the long-run growth rate of Bangladesh

Abstract

Keywords

UN SDGs

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