The Scientific Research Publications and Sustainable Sectoral Value Addition in Bangladesh
This paper explores the role of scientific publications along with sectoral value addition on economic growth in Bangladesh over the period 2000-2020. The Johansen co-integration test is applied to investigate the long-run relationship among the variables. Granger causality test examines short-run r...
Principais autores: | , , , , |
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Formato: | Artigo |
Idioma: | English |
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World Scientific Publishing
2023-03-01
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coleção: | International Journal of Empirical Economics |
Assuntos: | |
Acesso em linha: | https://www.worldscientific.com/doi/10.1142/S2810943023500026 |
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author | Khairul Alom Mohammed Kamrul Hasan Shibli Ahmed Khan Ashik Imran Khan Wayes Ahmed |
author_facet | Khairul Alom Mohammed Kamrul Hasan Shibli Ahmed Khan Ashik Imran Khan Wayes Ahmed |
author_sort | Khairul Alom |
collection | DOAJ |
description | This paper explores the role of scientific publications along with sectoral value addition on economic growth in Bangladesh over the period 2000-2020. The Johansen co-integration test is applied to investigate the long-run relationship among the variables. Granger causality test examines short-run relationship among the variables. The FMOLS model is also applied to confirm robustness check in this study. The empirical findings show that a strong long-run co-integration relationship exists among economic growth, scientific publications, and other explanatory variables in this study. The Granger causality test reveals bidirectional causality running from agriculture value added to services value added. Whereas, unidirectional causality exists among the variables of scientific publications to GDP per capita, scientific publications to manufacturing value added, services value added to scientific publications, GDP per capita to industry value added, services value added to GDP per capita, manufacturing value added to industry value added, services value added to manufacturing value added in the short run. The impulse response function implies that shock applies on scientific publications affects economic growth negatively. So, the policy makers of Bangladesh should emphasise on scientific publications by increasing investment on RnD to reach the status of middle-income country through sustainable sectoral development. |
first_indexed | 2024-03-11T21:25:28Z |
format | Article |
id | doaj.art-05c2c35d81324665a0b8581019aaa505 |
institution | Directory Open Access Journal |
issn | 2810-9430 2810-9449 |
language | English |
last_indexed | 2025-03-20T05:49:38Z |
publishDate | 2023-03-01 |
publisher | World Scientific Publishing |
record_format | Article |
series | International Journal of Empirical Economics |
spelling | doaj.art-05c2c35d81324665a0b8581019aaa5052024-10-03T02:52:59ZengWorld Scientific PublishingInternational Journal of Empirical Economics2810-94302810-94492023-03-01020110.1142/S2810943023500026The Scientific Research Publications and Sustainable Sectoral Value Addition in BangladeshKhairul Alom0Mohammed Kamrul Hasan1Shibli Ahmed Khan2Ashik Imran Khan3Wayes Ahmed4NUB Business School, Northern University, BangladeshFaculty of Business Administration, American International University, BangladeshFaculty of Business Administration, American International University, BangladeshSchool of Business and Economics, North South University, BangladeshUnited Commercial Bank PLC, Dhaka, BangladeshThis paper explores the role of scientific publications along with sectoral value addition on economic growth in Bangladesh over the period 2000-2020. The Johansen co-integration test is applied to investigate the long-run relationship among the variables. Granger causality test examines short-run relationship among the variables. The FMOLS model is also applied to confirm robustness check in this study. The empirical findings show that a strong long-run co-integration relationship exists among economic growth, scientific publications, and other explanatory variables in this study. The Granger causality test reveals bidirectional causality running from agriculture value added to services value added. Whereas, unidirectional causality exists among the variables of scientific publications to GDP per capita, scientific publications to manufacturing value added, services value added to scientific publications, GDP per capita to industry value added, services value added to GDP per capita, manufacturing value added to industry value added, services value added to manufacturing value added in the short run. The impulse response function implies that shock applies on scientific publications affects economic growth negatively. So, the policy makers of Bangladesh should emphasise on scientific publications by increasing investment on RnD to reach the status of middle-income country through sustainable sectoral development.https://www.worldscientific.com/doi/10.1142/S2810943023500026Scientific publicationseconomic growthmanufacturing value addedservices value addedco-integration |
spellingShingle | Khairul Alom Mohammed Kamrul Hasan Shibli Ahmed Khan Ashik Imran Khan Wayes Ahmed The Scientific Research Publications and Sustainable Sectoral Value Addition in Bangladesh International Journal of Empirical Economics Scientific publications economic growth manufacturing value added services value added co-integration |
title | The Scientific Research Publications and Sustainable Sectoral Value Addition in Bangladesh |
title_full | The Scientific Research Publications and Sustainable Sectoral Value Addition in Bangladesh |
title_fullStr | The Scientific Research Publications and Sustainable Sectoral Value Addition in Bangladesh |
title_full_unstemmed | The Scientific Research Publications and Sustainable Sectoral Value Addition in Bangladesh |
title_short | The Scientific Research Publications and Sustainable Sectoral Value Addition in Bangladesh |
title_sort | scientific research publications and sustainable sectoral value addition in bangladesh |
topic | Scientific publications economic growth manufacturing value added services value added co-integration |
url | https://www.worldscientific.com/doi/10.1142/S2810943023500026 |
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