ArticlePloS one2023
Are environmental damage and export concentration the major threats for the long-run economic growth in Bangladesh?
Article in PloS one, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
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Abstract
Using World Bank and IMF data over the period 1990-2018, this research explores the determinants of economic growth in Bangladesh with particular attention to environmental degradation and export concentration variables. An ARDL (Autoregressive Distributed Lag) bound testing approach is employed as an estimation strategy with FMOLS (Fully Modified Ordinary Least Squares) and CCR (Canonical Cointegrating Regression) for cross-checking the results. The obtained results confirm that CO2 emissions, consumption expenditure, export concentration, remittances, and inflation are the main driving forces for the long-run economic growth in Bangladesh where the effects of the first two variables and the last three variables are positive and negative, respectively. The study also reveals the dynamic short-run relationships among the chosen variables. Environmental pollution and export concentration are found to be the barriers to economic growth; therefore, the country should take necessary steps to mitigate this problem for ensuring long-run sustainable economic development.
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