Kabir, Hadiul, Beg, Rabiul Alam, and Mollah, Nurul Haque (2014) Interrelationships among three South Asian GDP: a cointegration approach. International Journal of Statistics and Economics, 13 (1). pp. 70-78.

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Abstract

Gross domestic product (GDP) of Bangladesh, India, and Sri Lanka are analyzed to find out cointegration among these variables. Three log (GDP) series are found to be cointegrated. Statistically valid representation of the error correction model (ECM) for Bangladesh exists with a stable speed of adjustment indicates that about 40 % of any deviation from the long-run path is corrected within a year. Moreover, generalized Granger causality running from India and Sri Lanka to Bangladesh exists within this ECM. No significant ECM found for India and Sri Lanka.

Item ID:	30558
Item Type:	Article (Scholarly Work)
ISSN:	0975-556X
Keywords:	GDP, cointegration, ECM, generalized Granger causality, speed of adjustment
Date Deposited:	17 Jun 2014 03:08
FoR Codes:	14 ECONOMICS > 1403 Econometrics > 140302 Econometric and Statistical Methods @ 100%
SEO Codes:	91 ECONOMIC FRAMEWORK > 9101 Macroeconomics > 910103 Economic Growth @ 100%
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