Nasiruddin Ahmed

... Rahman, M. (1997) Current external sector performance and emerging issues in Growth or Stagnation ... and Pesaran, B. (1997) Working with Microsoft 4.0: Interactive Econometric Analysis, Oxford University ... SM (1994) The impact of trade liberalization on export and GDP in least ...

This paper investigates the behaviour of Indian aggregate imports during the period 1971-1995. In our empirical analysis of the aggregate import demand function for India, cointegration and error correction modelling approaches have been used. In the aggregate import demand function for India, import volume is found to be cointegrated with relative import price and real GDP. Our econometric estimates of the import-demand function for India suggest that import-demand is largely explained by real GDP, and is generally less sensitive to import price changes. Import liberalisation is found to have had little impact on import demand. Section 1

Improving tax revenue collection is an important priority for developing economies throughout the world. Not only do tax revenues tend to be low as a share of GDP in absolute terms in low income countries, they are also low as a share of GDP relative to higher income economies (Figure 1). Finding mechanisms to improve tax collection is challenging on at least two fronts: (1) lack of good data on tax compliance; and (2) difficulty in finding effective instruments for improving compliance given institutional constraints. This paper makes three main contributions. First, we present new evidence on compliance patterns from a unique primary dataset in Bangladesh that links administrative tax data with firm survey data. Second, we propose an innovative mechanism to improve compliance using the power of social recognition, and present survey evidence that supports the potential power of such mechanisms. Finally, we summarize the research design for a planned field experiment that will dire...

1 The final day of Growth Week 2012 saw three sessions from our research programme (Finance, Macroeconomics and State capabilities), four sessions from our country programme (Bangladesh, South Sudan, India-Central, Zambia) and a session on our newest engagement country, Myanmar. The third plenary session of Growth Week was on the subject of natural resources. Summaries of the plenary sessions and public lectures will be available separately. Ideas for Growth session 9-Macroeconomics The session was chaired by Silvana Tenreyro (LSE; IGC), who gave the floor to Jaume Ventura (CREI, Universidad Pompeu Fabra and Barcelona GSE). Jaume's presentation aimed at giving an overview of the interaction between two different ways of financing development in emerging countries: mobilizing domestic savings (financial reforms) and mobilizing foreign savings (financial or current account liberalization). The most important message of his research is that the success of financial liberalization d...

It was the Multi Fiber Arrangement (MFA) in global textile and clothing trade that opened the doors for Bangladesh creating a golden opportunity for exploiting its comparative advantage in the labor-intensive garment industry. Bangladesh is now a recognized name on the globe as a major exporter of garments. The readymade garment industry has become the lifeline of the Bangladesh economy. It is the source of its strength and - in a way - could be the cause of its vulnerability. Too much of the nation's fortune is riding on this one sector. With the two million workforce it employs directly, and another one million in linkage industries, it supports the livelihood of some 10 million Bangladeshis who have been lifted out of poverty. The fact that most garment workers are females has itself brought on a revolution of sorts - in acceptability of women in the work place; in bringing respectability to these women in their homes and in the rural settings they come from. And yet the revo...

BackgroundTobacco tax increase is considered as one of the most effective means to reduce tobacco consumption and its consequences. An increase in taxes, which results in an increase in the price of tobacco products, reduces consumption. Historically, a number of studies estimated the responsiveness of quantity demanded to a change in price—the price elasticity of demand—of tobacco products in Bangladesh. However, the government’s stronger commitment to reducing tobacco use, rising standard of living, rapidly changing cultural norms due to globalisation, and the substantial fall in tobacco use seen in GATS 2017 necessitate an updated measure of price elasticity of tobacco use, which will allow for more accurate answers to questions of tobacco tax policy in the country. This study endeavours to fill this gap in the literature on demand for tobacco products in Bangladesh.ObjectiveTo estimate the price elasticity of demand for tobacco products, namely cigarettes, biris and smokeless to...

Using the framework of an endogenous growth model, this paper empirically analyses the relation between trade policies and industrial growth in Bangladesh during the period 1974–1996. The cointegration and error correction modelling approaches have been applied. The empirical results suggest that there exists a unique cointegral relation between the index of industrial production and its major determinants of investment-GDP ratio, average share of exports in GDP and secondary school enrolment ratio. The short-term dynamic behaviour of Bangladesh's industrial production has been investigated by estimating an error correction model in which the error correction term has been found to be correctly signed and statistically significant. The findings of the study show that investment share in GDP, export share in GDP (lagged four quarters), secondary school enrolment ratio, and average collection of customs duty (lagged six quarters) have all emerged as significant determinants of industrial production in Bangladesh.

Using the framework of an endogenous growth model, this paper empirically analyses the relationship between trade policies and industrial growth in Pakistan during the period 1973 - 1995. The cointegration and error correction modelling approaches have been applied. The empirical results suggest that there exists a unique long-run relationship among the aggregate growth function of industrial value added and its

This paper investigates the existence of a long-run aggregate merchandise import demand function for Bangladesh during the period 1974 - 94. The cointegration and error correction modelling approaches have been applied. Empirical results suggest that there exists a unique ...

This paper investigates the existence of a long run money demand function for Bangladesh during the period 1975-1997 using the cointegration and error correction modelling approach. It also examines the parameter stability of the money demand function. The empirical results suggest that there exists a unique long-run relationship between real broad money balance, real GDP, and the real exchange rate.

Dilip Dutta Centre for South Asian Studies School of Economics and Political Science The University of Sydney NSW 2006, AUSTRALIA Tel: +61 2 9351 3062 Fax: +61 2 9351 4341 Email: dilipd@econ.usyd.edu.au ... Using the framework of an endogenous growth model, this ...