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...

ver descrição completa

Detalhes bibliográficos
Principais autores: Khairul Alom, Mohammed Kamrul Hasan, Shibli Ahmed Khan, Ashik Imran Khan, Wayes Ahmed
Formato: Artigo
Idioma:English
Publicado em: World Scientific Publishing 2023-03-01
coleção:International Journal of Empirical Economics
Assuntos:
Acesso em linha:https://www.worldscientific.com/doi/10.1142/S2810943023500026
_version_ 1827091018463313920
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
work_keys_str_mv AT khairulalom thescientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT mohammedkamrulhasan thescientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT shibliahmedkhan thescientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT ashikimrankhan thescientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT wayesahmed thescientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT khairulalom scientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT mohammedkamrulhasan scientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT shibliahmedkhan scientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT ashikimrankhan scientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh
AT wayesahmed scientificresearchpublicationsandsustainablesectoralvalueadditioninbangladesh