The foreign trade of Bangladesh: an empirical investigation

Rahman, Mohammad (2012) The foreign trade of Bangladesh: an empirical investigation. Lambert Academic Publishing, Saarbrucken, Germany. ISBN 978-3-659-25006-4

Abstract

Bangladesh’s trade balance is totally unsatisfactory and undesirable. It has always been deficit over the decades. With some countries, especially with India, trade deficit is huge. Therefore, this study has attempted to identify the factors that affect Bangladesh’s trade, and investigate the underlying causes of trade deficit of Bangladesh with India.

To determine the causative factors of Bangladesh’s trade, the generalized gravity models and the panel data estimation technique have been used. It extends empirical research from the conventional gravity model of trade to the gravity model of export and the gravity model of import for better understanding of trade pattern of Bangladesh. The analysis is based on Bangladesh’s trade with its 34 major trading partners taking data of 28 years. To examine the trade relationship with India, available statistics and trade intensity indices have been used.

Based on the findings of this research some policy recommendations are made which would help the policy makers to adopt and execute the appropriate policies to improve the unfavorable trade balance.


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Item Type: Book (Commonwealth Reporting Category A)
Refereed: Yes
Item Status: Live Archive
Additional Information: Copyright The Publisher.
Faculty / Department / School: Historic - Faculty of Business and Law - School of Accounting, Economics and Finance
Date Deposited: 04 Jan 2013 04:58
Last Modified: 13 Aug 2017 23:27
Uncontrolled Keywords: foreign trade, gravity model, panel data, Bangladesh
Fields of Research : 14 Economics > 1402 Applied Economics > 140210 International Economics and International Finance
14 Economics > 1403 Econometrics > 140304 Panel Data Analysis
Socio-Economic Objective: B Economic Development > 91 Economic Framework > 9103 International Trade > 910399 International Trade not elsewhere classified
URI: http://eprints.usq.edu.au/id/eprint/22306

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