Trade liberalization and ready-made garments industry in Bangladesh

The study aims at examining the effect of trade liberalization on ready-made garments (RMG) industry in Bangladesh. It employs Johansen-Juselius Cointegration test and Vector Error Correction Modeling (VECM) on yearly data from January 1990 through September 2011. The results reveal a significant lo...

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Main Authors: Abdul Hadi, Abdul Razak, Sultana, Qazi Shamin, Yahya, Mohamed Hisham, Iqbal, Tahir
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28281/
http://psasir.upm.edu.my/id/eprint/28281/1/Trade%20liberalization%20and%20ready.pdf
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author Abdul Hadi, Abdul Razak
Sultana, Qazi Shamin
Yahya, Mohamed Hisham
Iqbal, Tahir
author_facet Abdul Hadi, Abdul Razak
Sultana, Qazi Shamin
Yahya, Mohamed Hisham
Iqbal, Tahir
author_sort Abdul Hadi, Abdul Razak
building UPM Institutional Repository
collection Online Access
description The study aims at examining the effect of trade liberalization on ready-made garments (RMG) industry in Bangladesh. It employs Johansen-Juselius Cointegration test and Vector Error Correction Modeling (VECM) on yearly data from January 1990 through September 2011. The results reveal a significant long-term relationship between RMG export of Bangladesh and the three tested explanatory variables (merchandise export of China and India plus domestic inflation in Bangladesh). The Granger Causality test shows the presence of dynamic relationship between the performance of RMG export of Bangladesh and the value of merchandise export from China and India. However, this dynamic relation is non-existent in relation to the inflation factor.
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spelling upm-282812015-09-21T03:35:11Z http://psasir.upm.edu.my/id/eprint/28281/ Trade liberalization and ready-made garments industry in Bangladesh Abdul Hadi, Abdul Razak Sultana, Qazi Shamin Yahya, Mohamed Hisham Iqbal, Tahir The study aims at examining the effect of trade liberalization on ready-made garments (RMG) industry in Bangladesh. It employs Johansen-Juselius Cointegration test and Vector Error Correction Modeling (VECM) on yearly data from January 1990 through September 2011. The results reveal a significant long-term relationship between RMG export of Bangladesh and the three tested explanatory variables (merchandise export of China and India plus domestic inflation in Bangladesh). The Granger Causality test shows the presence of dynamic relationship between the performance of RMG export of Bangladesh and the value of merchandise export from China and India. However, this dynamic relation is non-existent in relation to the inflation factor. Penerbit Universiti Kebangsaan Malaysia 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28281/1/Trade%20liberalization%20and%20ready.pdf Abdul Hadi, Abdul Razak and Sultana, Qazi Shamin and Yahya, Mohamed Hisham and Iqbal, Tahir (2013) Trade liberalization and ready-made garments industry in Bangladesh. Jurnal Pengurusan, 37. pp. 15-24. ISSN 0127-2713 http://ejournal.ukm.my/pengurusan/article/view/3623
spellingShingle Abdul Hadi, Abdul Razak
Sultana, Qazi Shamin
Yahya, Mohamed Hisham
Iqbal, Tahir
Trade liberalization and ready-made garments industry in Bangladesh
title Trade liberalization and ready-made garments industry in Bangladesh
title_full Trade liberalization and ready-made garments industry in Bangladesh
title_fullStr Trade liberalization and ready-made garments industry in Bangladesh
title_full_unstemmed Trade liberalization and ready-made garments industry in Bangladesh
title_short Trade liberalization and ready-made garments industry in Bangladesh
title_sort trade liberalization and ready-made garments industry in bangladesh
url http://psasir.upm.edu.my/id/eprint/28281/
http://psasir.upm.edu.my/id/eprint/28281/
http://psasir.upm.edu.my/id/eprint/28281/1/Trade%20liberalization%20and%20ready.pdf