ISSN: 2520-4750 (Online), 2521-3040 (Print)

Exploring the Nexus between Domestic Consumption of Milled Rice (DCM) and the Gross Domestic Product (GDP) of Bangladesh

 Author (s)

Md. Atiqur Rahman & Md. Khalid Hassan

Abstract

Using annual data from 1960 to 2014, the aim of the current investigation is to evaluate the link between Bangladesh’s GDP and domestic consumption of milled rice (DCM). In this study, the Kwiatkowski-Phillips-Schmidt-Shin (KPSS), Augmented Dickey-Fuller (ADF), Elliott-Rothenberg-Stock (ERS), and Phillips-Perron (PP) tests were implemented to observe the stationarity of the variables. Next, the causal link is established using the Granger causality (GC) test, and the long-term association between the study’s variables is evaluated using the Johansen cointegration test. The GC test indicates that there is bidirectional causation, the Johansen co-integration test indicates that there is no long-term association between the variables, and there is no unit root between the variables, according to the experimental results of the stationary test.  Therefore, the domestic consumption of milled rice (DCM) and GDP do not cointegrate over the long run.

Keywords: Domestic consumption, the Granger causality test, the Johansen co integration test, GDP, Bangladesh.

Download PDF

Title:Exploring the Nexus between Domestic Consumption of Milled Rice (DCM) and the Gross Domestic Product (GDP) of Bangladesh
Author:Md. Atiqur Rahman & Md. Khalid Hassan
Journal Name:International Journal of Science and Business
Website:ijsab.com
ISSN:ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)
DOI:https://10.5281/zenodo.7161001
Media:Online & print
Volume:17
Issue:1
Issue publication (Year):2022
Acceptance Date:08/07/2022
Date of Publication:08/10/2022
PDF URL:https://ijsab.com/wp-content/uploads/992.pdf
Free download:Available
Page:21-30
First Page:21
Last Page:30
Paper Type:Research paper
Current Status:Published

 

Cite This Article:

Md. Atiqur Rahman & Md. Khalid Hassan (2022). Exploring the Nexus between Domestic Consumption of Milled Rice (DCM) and the Gross Domestic Product (GDP) of Bangladesh. International Journal of Science and Business, 17(1), 21-30. doi: https://doi.org/ 10.5281/zenodo.7161001

Retrieved from https://ijsab.com/wp-content/uploads/992.pdf

About Author (s)

Md. Atiqur Rahman (corresponding author), Lecturer in Accounting, Department of Business Administration, Pundra University of Science & Technology, Rangpur Road, Gokul, Bogura, Bangladesh.

Md. Khalid Hassan, Lecturer in Finance, Department of Business Administration, Pundra University of Science & Technology, Rangpur Road, Gokul, Bogura, Bangladesh.

 

Download PDF

DOI: https://doi.org/10.5281/zenodo.7161001

This Post Has Been Viewed 1,080 Times

Copyright @ IJSAB-International