Authors : Md. Nesarul Karim
Abstract: Bangladesh pursued export-led growth strategy since early eighties, though, for developing countries doubts have been expressed by many. Empirical findings on these regards have led to mixed conclusion. The one of the findings, the most important and critical, of Michael (1977), Heller and Porter (1978), is that a minimum level of economic development is needed before the particular phase where export growth can positively influence on economic growth. This paper investigates the causal relationship between export growth and industrial development in Bangladesh by applying a modified Granger test following Bahmnee Oskooee et al. (1991The paper attempts to verify the conflicting conclusion of Begum (1998) and Nath (1997) with an extended data set regarding the role of export in development process in LDCs.
Md. Nesarul Karim , 2005. Export and Industrial Development in Bangladesh: An Econometric Investigation for Two Way Causation . Pakistan Journal of Social Sciences, 3: 145-151.