The Impact of Exchange Rate on Bangladesh’s Export: A Cointegration Approach

Abstract

The purpose of the paper is to see if there is any relationship exist between free floating exchange rate and export performance of Bangladesh. It inspects the monthly data of exchange rate and export value for the time period between year 2000 and 2017. It utilized the Johansen [1] cointegration approach to identify the extent of long run and short run relationship between them. The study could not establish neither any long term trend nor any short term dynamics between the variables. Respective variables are significantly related to their own immediate past values. Distant past values do not have any implications. This study suggests that short run macroeconomic policy would be beneficial to influence the foreign exchange market and eventually the performance of export of Bangladesh.

Filter Realization of the Time‐Domain Average Denoising Method for a Mechanical Signal

“…Both the cointegration method and the multiple regression method study the correlation between variables. Cointegration method is mostly used to study the relationship between economic variables [27][28][29], and multiple regression analysis is used to study the linear or nonlinear relationship between multiple variables, which is applied in various fields [30]. In the field of machinery, it is mostly used in the state trend prediction analysis of mechanical equipment [31,32].…”