Growth and Openness: Empirical Evidence from Bangladesh

"Growth and Openness: Empirical Evidence from Bangladesh" is a comprehensive study that examines the relationship between trade openness, investment, and economic growth in Bangladesh. The research analyzes data from the period 1980 to 2006 and employs modern econometric methods to determine the causality between the variables. By applying cointegration tests and Granger causality tests, the study investigates the long-term relationship between trade openness, national income growth, and total investments. The results indicate that a long-term equilibrium relationship exists among these variables and that there is a unidirectional causality between economic growth and investments, as well as between trade openness and economic growth. These findings are significant for economic policy and strategic planning in Bangladesh.