Trade liberalization and ready-made garments industry in Bangladesh

The study aims at examining the effect of trade liberalization on ready-made garments (RMG) industry in Bangladesh.It employs Johansen-Juselius Cointegration test and Vector Error Correction Modeling (VECM) on yearly data from January 1990 through September 2011. The results reveal a significant lon...

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Main Authors: Abdul Razak Abdul Hadi, Qazi Shamin Sultana, Mohamed Hisham Yahya, Tahir Iqbal
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2013
Online Access:http://journalarticle.ukm.my/6954/1/3623-8084-1-PB.pdf
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author Abdul Razak Abdul Hadi,
Qazi Shamin Sultana,
Mohamed Hisham Yahya,
Tahir Iqbal,
author_facet Abdul Razak Abdul Hadi,
Qazi Shamin Sultana,
Mohamed Hisham Yahya,
Tahir Iqbal,
author_sort Abdul Razak Abdul Hadi,
collection UKM
description The study aims at examining the effect of trade liberalization on ready-made garments (RMG) industry in Bangladesh.It employs Johansen-Juselius Cointegration test and Vector Error Correction Modeling (VECM) on yearly data from January 1990 through September 2011. The results reveal a significant long-term relationship between RMG export of Bangladesh and the three tested explanatory variables (merchandise export of China and India plus domestic inflation in Bangladesh). The Granger Causality test shows the presence of dynamic relationship between the performance of RMG export of Bangladesh and the value of merchandise export from China and India. However, this dynamic relation is non-existent in relation to the inflation factor.
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spelling ukm.eprints-69542016-12-14T06:42:41Z http://journalarticle.ukm.my/6954/ Trade liberalization and ready-made garments industry in Bangladesh Abdul Razak Abdul Hadi, Qazi Shamin Sultana, Mohamed Hisham Yahya, Tahir Iqbal, The study aims at examining the effect of trade liberalization on ready-made garments (RMG) industry in Bangladesh.It employs Johansen-Juselius Cointegration test and Vector Error Correction Modeling (VECM) on yearly data from January 1990 through September 2011. The results reveal a significant long-term relationship between RMG export of Bangladesh and the three tested explanatory variables (merchandise export of China and India plus domestic inflation in Bangladesh). The Granger Causality test shows the presence of dynamic relationship between the performance of RMG export of Bangladesh and the value of merchandise export from China and India. However, this dynamic relation is non-existent in relation to the inflation factor. Penerbit Universiti Kebangsaan Malaysia 2013 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/6954/1/3623-8084-1-PB.pdf Abdul Razak Abdul Hadi, and Qazi Shamin Sultana, and Mohamed Hisham Yahya, and Tahir Iqbal, (2013) Trade liberalization and ready-made garments industry in Bangladesh. Jurnal Pengurusan, 37 . pp. 15-24. ISSN 0127-2713 http://ejournal.ukm.my/pengurusan/index
spellingShingle Abdul Razak Abdul Hadi,
Qazi Shamin Sultana,
Mohamed Hisham Yahya,
Tahir Iqbal,
Trade liberalization and ready-made garments industry in Bangladesh
title Trade liberalization and ready-made garments industry in Bangladesh
title_full Trade liberalization and ready-made garments industry in Bangladesh
title_fullStr Trade liberalization and ready-made garments industry in Bangladesh
title_full_unstemmed Trade liberalization and ready-made garments industry in Bangladesh
title_short Trade liberalization and ready-made garments industry in Bangladesh
title_sort trade liberalization and ready made garments industry in bangladesh
url http://journalarticle.ukm.my/6954/1/3623-8084-1-PB.pdf
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AT qazishaminsultana tradeliberalizationandreadymadegarmentsindustryinbangladesh
AT mohamedhishamyahya tradeliberalizationandreadymadegarmentsindustryinbangladesh
AT tahiriqbal tradeliberalizationandreadymadegarmentsindustryinbangladesh