Rao, B. Bhaskara; Hassan, Gazi - In: Applied Economics Letters 18 (2011) 7, pp. 655-658
This article estimates Total Factor Productivity (TFP) for Bangladesh and analyses its key determinants. According to the Solow (1956) growth model, long-run growth rate equals TFP. Estimated β-coefficients show that trade openness, foreign direct investment and development of financial sector...