Dynamic Inflation and Economic Growth Nexus in Bangladesh

Uddin, Md. Nezum

doi:10.31966/jabminternational.v26i2.411

Cited by 4 publications

(3 citation statements)

References 19 publications

(19 reference statements)

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“…The inflation and GDP growth nexus is also examined largely worldwide as well as in Bangladesh. Inflation and growth nexus in Bangladesh is examined by Paul (2013), Majumder (2016), Sumon and Miyan (2017), Uddin (2019), and Khan (2020). The inflation and growth nexus in global perspective analyze by Singh and Kalirajan (2003), Iqbal and Nawaz (2009), Bick (2010), Marbuah (2010), Huang et al (2010), Hwang andWu (2011), Fakhri (2011), Doguwa (2012), Behera and Mishra (2016), Tenzin (2019) and Baklouti and Boujelbene (2019).…”

Section: Literature Reviewmentioning

confidence: 99%

Remittance and Inflation Nexus in Bangladesh: Application of Dynamic ARDL Model with Linear Trend

Elahi

Rahman

2021

IJBE

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Remittance is one of the major sources of financial inclusion in Bangladesh. The contribution of remittance to the economy gradually increases with respect to time. The current study investigates the nexus between remittance and inflation by considering data from 1975 to 2019. The results of the Augmented Dickey Fuller (ADF) unit root indicate the variables are stationary at mixed order like as I(0) and I(1). Through the ADF test, this study conducts a dynamic autoregressive distributed lag (ARDL) model with considering the linear trend. The remittance has a significant and positive impact to raise inflation in the short run but is insignificant in the long run. The estimation found the speed of adjustment, Error correction term (ECT) is 69% and bound testing criteria indicate the long-run association among the variable. This investigation also concludes that the exchange rate has a positive impact on inflation where the real exchange rate has no positive impact to raise inflation in Bangladesh. The empirical findings suggest the productive and safe investment rathe expense in consumption purpose due to reducing the consequence of remittance inflows on inflation in Bangladesh.

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Section: Literature Reviewmentioning

confidence: 99%

Remittance and Inflation Nexus in Bangladesh: Application of Dynamic ARDL Model with Linear Trend

Elahi

Rahman

2021

IJBE

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“…For a developing nation like Bangladesh, the suggested approach provides a cost effective solution to the problem of occupational safety and health. Due to the fact that environmental hazard indicators differ depending on the work sectors, our proposed model focuses specifically on the garment industry, which is one of the largest and important sectors for the socioeconomic growth of Bangladesh [17,18].…”

Section: Introductionmentioning

confidence: 99%

Real-Time IoT Solutions for Automating Occupational Safety in 3rd World Industries

Gharami,

Islam,

Barai

et al. 2024

Preprint

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Occupational safety and health is an essential part of the work setting and so with effective monitoring measures it has the potential to significantly enhance workers' quality of life, decrease the financial consequences of workplace incidents, and boost efficiency. However, ensuring occupational safety and health in 3rd world industries is a challenging task due to lack of regular monitoring, proper emergency response system, and awareness. Integration of Internet of Things (IoT) technology can offer new opportunities for monitoring and management of occupational safety and health risks. To this end, this paper presents an affordable IoT-based real-time occupational safety and health monitoring system that is suitable for garment industries. The proposed monitoring and emergency alert system has the capability to detect potential hazardous conditions by analyzing data gathered from five interlinked modules that continuously monitor the work environment through various sensors. To assess the effectiveness of the proposed IoT system, this study conducted individual module tests in appropriate settings and compared their performance with standard equipment readily available on the market.

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“…Việc khuyến khích các cơ sở sản xuất, kinh doanh và người dân sử dụng công nghệ hiện đại trong các khu vực của nền kinh tế và năng lượng tái tạo sẽ làm cho cường độ phát thải khí CO 2 giảm xuống. Kết quả nghiên cứu này cũng khá tương đồng với các nghiên cứu trước đây, như nghiên cứu của Phạm Hồng Mạnh (2014), Maddison và Rehdanz (2008); Esteve và Tamarit (2012); Uddin và Wadud (2014)20,21,30,31 . So với giả thuyết ban đầu được thiết lập, kết quả phân tích các mô hình đã cho thấy các biến phù hợp với kỳ vọng đặt ra.…”

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The relationship between ghg emissions and economic growth in Vietnam

Pham

Nguyen

2022

Sci. Tech.Dev. J. - Eco. Law Manag.

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This research aims to evaluate the relationship between greenhouse gas emissions and economic growth [measured by GDP (gross domestics product) and GDP per capital] in Vietnam. The authors used the data compiled from the WB (word bank) database and time series estimation method. The results from models show that the factors affecting the intensity of CO2 emissions in Vietnam are statistically significant, at 1%, 5% and 10%, with the impact level of emission intensity (with a lag of 2 ) at -0.48; economic growth rate at 29180.49 (with a lag of 1); and the square of economic growth rate at - 14588.66 (with a lag of 1), with the model's explanatory level of 56.54%. In addition, the coefficient of the quadratic function is negative, illustrated by a downward curve in the graph representing the relationship between economic growth and emissions, reflecting correctly the environmental Kuznet curve. At the same time, the figures of Granger Causality Tests reveal that there is a causal relationship between the economic growth rate and the intensity of CO2 greenhouse gas emissions in Vietnam during the research period, with a significance level of 5. %. Economic growth exacerbates the intensity of greenhouse gas (CO2) emissions, and this increase has a return effect on growth (positive effect). However, with the square of economic growth rate doubling, this relationship will tend to be negative. On the basis of the analysis results, the study also proposes some policy implications which reduce the intensity of greenhouse gas emissions and aim to promote green growth in Vietnam: (1) reducing emission sources in economic fields: industry, agriculture, services; (2) reducing the use of fossil energy which should be replaced by Renewable energy (energy from wind and solar); (3) applying modern science and technology in production and economic activities; (4) completing the legal framework to encourage economic sectors and businesses to use natural resources effectively; (5) The Government should enact policies to encourage all economic sectors to apply modern technology in production.

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Dynamic Inflation and Economic Growth Nexus in Bangladesh

Cited by 4 publications

References 19 publications

Remittance and Inflation Nexus in Bangladesh: Application of Dynamic ARDL Model with Linear Trend

Remittance and Inflation Nexus in Bangladesh: Application of Dynamic ARDL Model with Linear Trend

Real-Time IoT Solutions for Automating Occupational Safety in 3rd World Industries

The relationship between ghg emissions and economic growth in Vietnam

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