Nexus Between Exports, Remittances, FDI, and Economic Growth in Bangladesh: A Structural Break ARDL Bounds Test Approach
đź“Ś 1. Project Title
Nexus Between Exports, Remittances, FDI, and Economic Growth in Bangladesh: A Structural Break ARDL Bounds Test Approach
CPER Working Paper Series No. 02 (Published on 1 November 2022).
đź“Š 2. Sample Size / Data Used
- Data type: Secondary time-series data
- Data period: 1976 to 2019 (annual time-series)
- Sample size: 44 annual observations (1976–2019)
(i.e., one observation per year in the period covers exports, remittances, FDI, and GDP/economic growth indicators) - Methodology: Autoregressive Distributed Lag (ARDL) bounds testing with structural break dummies and interaction terms to capture shifts in long-run relationships.
🤝 3. Partners
- The study was conducted by CPER using publicly available national and international macroeconomic data sources.
- No external institutional partners are listed on the CPER working paper page.
👩‍🔬 4. Personnel
Principal Researcher
- Al Mamun – Lead researcher (affiliated with CPER)
🧠5. Topics Covered
The research investigates the interlinkages among key macroeconomic variables in Bangladesh:
- Exports and their influence on economic growth
- Remittances as a source of foreign income and their growth impact
- Foreign Direct Investment (FDI) and its role in economic growth dynamics
- Structural breaks in economic relationships (e.g., around major policy or external shock periods)
- Time-series econometric modeling using ARDL bounds testing and structural break analysis
Core research areas: macroeconomic growth analysis, external sector dynamics, time-series econometrics, policy-relevant economic analysis.
đź“Ť 6. Location
- Bangladesh — the study focuses on the national macroeconomic context of Bangladesh’s exports, remittances, FDI, and growth nexus.