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- W2187438616 abstract "Economic wisdom of investment of economics enumerates that there has been a causal nexus between investment and other macroeconomic variables. This study draws on national accounts data to analyze movements in investment in Bangladesh from 1981- 2010 against GDP at constant price, Lending Interest Rate, Inflation and Foreign Exchange Rate. To check whether the series are integrated or not, the study relies on Augmented Dickey Fuller tests and Phillips- Perron test. This paper uses Engle-Granger tests and Johansen- Juselius test to check whether the series are cointegrated or not. It finds that there is a long- term relationship between them. To strengthen the study further, bivariate as well as multivariate analysis of the cointegration test has been applied. This paper also draws upon Error Correction Mechanism which states that there exists a stable relationship in Bangladesh in the short-run as well as in the long run." @default.
- W2187438616 created "2016-06-24" @default.
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- W2187438616 date "2012-01-01" @default.
- W2187438616 modified "2023-09-27" @default.
- W2187438616 title "The Macroeconomic Determinants of Investment: Empirical Evidence from Bangladesh." @default.
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