A Cointegration Analysis of Investment Output Ratio in Bangladesh

In this article, we have estimated a neo-classical model of investment augmented with real rate of interest to proxy the user cost of capital for Bangladesh. Our results reveal that there is a equilibrium relationship between investment output ratio, real output and real rate of interest. The long run relationship persists even in the presence of structural breaks in the model.

MoreLess

Year of publication:	2007-10-05
Authors:	Anoruo, Emmanuel ; Kumar, Saten ; DiPietro, Bill

More details

Type of publication:	Book / Working Paper
Language:	English
Notes:	Anoruo, Emmanuel and Kumar, Saten and DiPietro, Bill (2007): A Cointegration Analysis of Investment Output Ratio in Bangladesh. Forthcoming in: Indian Development Review : pp. 1-17.
Classification:	O23 - Fiscal and Monetary Policy in Development ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; P41 - Planning, Coordination, and Reform ; E22 - Capital; Investment (including Inventories); Capacity
Source:	BASE

Persistent link: https://ebvufind01.dmz1.zbw.eu/10015219617