scholarly journals Determining the Impact of Economic Factors to the Gross Domestic Product in Bangladesh

2022 ◽  
Vol 12 (1) ◽  
pp. 37-40
Author(s):  
Mostofa Mahmud Hasan ◽  
B.M. Sajjad Hossain ◽  
Md. Abu Sayem

Gross Domestic Product (GDP) is believed to be an indicator of a country’s economic condition. Bangladesh’s GDP increased at a pace of 8.15% in fiscal 2018-19 as per the base year 2005-06. By the year 2019, Bangladesh has become the seventh fastest-growing economy in the world. This paper used multiple regression analysis model for the macroeconomic factors. The aim of this study is to measure the effects of macroeconomic factors considering GDP as the dependent variables and inflation rate, import, and export are considered as independent. This paper represents that import and export are positively associated factors with GDP whereas inflation rate is a negatively associated factor. This study concluded with revealing the importance of conducting further study by considering more economic variables to measure the economic growth as a whole.

Author(s):  
Kenneth Apeh ◽  
Abubakar Muhammad Auwal ◽  
Nweze Nwaze Obinna

The present reality of the Nigerian economy is the fact that inflation has remained unabated in spite of all exchange rate measures that have been adopted by the monetary authority. This calls for investigation into the extent to which exchange rate impact on inflation in Nigeria. The research paper examined the impact of exchange rate depreciation on inflation in Nigeria for the period 1981–2017, using Auto Regressive Distributed Lag (ARDL) Bounds Test Cointegration Procedure. The research shows that inflation rate in Nigeria is highly susceptible to lagged inflation rate, exchange rate, lagged exchange rate, lagged broad money, and lagged gross domestic product at 5% level of significance. A long run relationship was also found to exist between inflation rate, gross domestic product and general government expenditure, indicating that the model has a self-adjusting mechanism for correcting any deviation of the variables from equilibrium. Therefore, this study concludes that exchange rate is an important tool to manage inflation in the country; thus, this paper recommends that policies that have direct influence on inflation as well as exchange rate policies that would checkmate inflation movement in the country, should be used by the Central Bank of Nigeria. Also, monetary growth and import management policies should be put in place to encourage domestic production of export commodities, which are currently short-supplied. In addition, policy makers should not rely on this instrument totally to control inflation, but should use it as a complement to other macro-economic policies.


2021 ◽  
Vol 2 (1) ◽  
pp. 27-39
Author(s):  
Hafiz Mohammad Rizwan Rashid ◽  
Karim Nooruddin Arbani

This study intends to explore the impact of Gross Domestic Product (GDP) on the Performance of Small & Medium Enterprises (SME) in Pakistan. As the Interest and Inflation rate are high, this research has been taken to find the relation between the changes in inflation and interest and how they impact the performance of SMEs. Although there are several studies associated with the DV (Small & Medium enterprises) but the paper is unique as it is (based upon data from Secondary sources of Pakistan where there is a severe lacking of such studies. Data has been collected through the Mono method to indicate the effect of GDP on the performance of SMEs). OCDC countries governments are facing the challenges of low growth, weak trade, weak investment and rising high inequality that’s why the researcher will investigate that the impact of GDP on the performance of SMEs is significant in high interest and inflation rate. Therefore this study is one of the epistemology / pervasive in nature as the study is potent to increase the knowledge in the area of business as well as foreign direct investors. However, this study was supplemented with some limitations as the data collected from the Mono method as an archival strategy from Pakistan. This study would also help the business sector manage their interest rates and attract foreign direct investors to invest more to increase the Gross Domestic Product of Pakistan. The sample size for the study is the past 15 years of data from secondary sources in Pakistan and the researcher will use the CFA and SAM approach using E-Views software that has been used for the purpose of data analysis and the major reason for the application of the software is the theory-building approach associated for finding the relationships between GDP and the Performance of SMEs. Although the paper is supported by descriptive due to quantitative in nature & as well as inferential analysis in order to make findings of the study potent and reliable enough. The use of the software indicated that there is a relationship between major IV (Gross Domestic Product) and DV of the study (Performance of Small & Medium Enterprises) and thus the result is prevalent in identifying the relationship between the variables GDP (IV) & Performance of SME (DV).


2018 ◽  
Vol 13 (1) ◽  
pp. 194-208 ◽  
Author(s):  
Yang Wangping ◽  
Lu Xiaolu

AbstractIn the context of global integration, one country’s economic fluctuations will affect another country through a variety of ways, the global economic crisis in 2008 is the best proof. The economic ties between China and Japan are closely related. Japan was once the largest trading partner of China. It is very important to study the influence mechanism of economic fluctuations between China and Japan for the stable development of China’s economy. This paper selects China’s export to Japan(CEX) Japan’s export to China(JEX) Japan’s direct investment to China (FDI) Chinese gross domestic product (CGDP), Japan’s gross domestic product (JGDP) five variables. We use impulse response and variance decomposition to analyze the interaction of Chinese and Japanese economy. Finally we come to the conclusion: China’s economy affected by the impact of Japan’s economic fluctuations bigger than Japan’s economy affected by China; the contribution rate of imports from Japan is greater than the export to China’s economy.


2019 ◽  
Vol 2 (1) ◽  
pp. 18-25
Author(s):  
Pooja Pohwani ◽  
Javad Raza Khoso ◽  
Waqar Ahmed

This study focuses to find out the impact of foreign aid on economic growth of Pakistan. Since Pakistan is among the countries who receive high amount of foreign aid therefore this research aims to find out its impact on economic growth of Pakistan. Gross Domestic Product has been used as a proxy of economic growth of Pakistan. Other variables include foreign aid, which is independent variables and dependent variables includes government expenditure, domestic savings, and Gross Domestic Product. To find out this impact, data on all the above mentioned variables is collected for the period of 25 years that is from year 1991 to 2015. Results from Linear Regression Analysis shows that foreign aid has no significant impact on government expenditure, domestic savings and Gross Domestic Product.


2020 ◽  
Vol 8 (4) ◽  
pp. 377-386
Author(s):  
Shibiru Tade Kidane

The aim of the study was to assess the impact of credit risk management on the profitability commercial banks in Ethiopia. Secondary data was gathered from National Bank of Ethiopia for ten year periods (2010-2019). The study adopted Correlation analysis and fixed effect Model. Return on Asset was used to measure profitability of commercial banks, bank specific factors(Capital adequacy, Loan and Advances to total deposit, Non- Performing Loans, Bank size and Liquidity and macroeconomic factors (Inflation and Gross Domestic Product) as indicators of credit risk management. The findings showed that Credit Risk Management in terms of bank specific and macroeconomic factors has significant impact on profitability of commercial banks in Ethiopia. Also the result displayed that profitability of commercial banks is not affected by the amount of non- performing loans during the study. The study recommended that banks’ credit risk management should not give due devotion only to the internal factors  but also to external factors exclusively (Gross Domestic Product and Inflation) in order to minimize their negative impact on profitability of commercial banks in Ethiopia


2020 ◽  
Vol 1 (1) ◽  
pp. 31-43
Author(s):  
Jusmer Sihotang ◽  
Yabes Gulo

This study aims to analyze the effect of Gross Domestic Product (GDP), inflation rate, and the Indonesian Rupiah (IDR) exchange rate to US Dollar on Indonesian imports. The study uses multiple regression equation models using secondary time series data in the period of 2010.Q1 to 2017.Q4. The results showed that the coefficient sign of each regression independent variable (real Gross Domestic Product, inflation rate, and Indonesian Rupiah (IDR) exchange rate on US Dollar) were in accordance with theoretical expectations, and all of these independent variables could explain for 60.3 percent of the diversity of the dependent variable namely imports Indonesia. Both simultaneously and individually all these independent variables significantly influence Indonesia's imports at the level of α = 1%. The real Gross Domestic Product and inflation rate have a positive and significant effect on Indonesian imports, while the Indonesian Rupiah (IDR) exchange rate on US Dollar has a negative and significant effect on Indonesia's imports. Based on the results of the study, in order to control Indonesia's imports in the future, a policy should be guarantee the availability of various imported substitution products, easy to obtain, and can compete with imported products. Thus the impact of the increase in Gross Domestic Product, an increase in the inflation rate, and the appreciation of the rupiah against the increase in Indonesian imports will be controlled.


2021 ◽  
Vol 4 (1) ◽  
pp. 181-190
Author(s):  
MA Abubakar ◽  
K Apeh ◽  
ON Nweze

The present reality of the Nigerian economy is the fact that inflation has remained unabated in spite of all exchange rate measures that have been adopted by the monetary authority. This calls for investigation into the extent to which exchange rate impact on inflation in Nigeria. The research paper examined the impact of exchange rate depreciation on inflation in Nigeria for the period 1981–2017, using Auto Regressive Distributed Lag (ARDL) Bounds Test Cointegration Procedure. The research shows that inflation rate in Nigeria is highly susceptible to lagged inflation rate, exchange rate, lagged exchange rate, lagged broad money, and lagged gross domestic product at 5% level of significance. A long run relationship was also found to exist between inflation rate, gross domestic product and general government expenditure, indicating that the model has a self-adjusting mechanism for correcting any deviation of the variables from equilibrium. Therefore, this study concludes that exchange rate is an important tool to manage inflation in the country; thus, this paper recommends that policies that have direct influence on inflation as well as exchange rate policies that would checkmate inflation movement in the country, should be used by the Central Bank of Nigeria. Also, monetary growth and import management policies should be put in place to encourage domestic production of export commodities, which are currently short-supplied. In addition, policy makers should not rely on this instrument totally to control inflation, but should use it as a complement to other macro-economic policies.


2016 ◽  
Vol 21 (1) ◽  
pp. 9-20
Author(s):  
Ersalina Tang

The purpose of this study is to analyze the impact of Foreign Direct Investment, Gross Domestic Product, Energy Consumption, Electric Consumption, and Meat Consumption on CO2 emissions of 41 countries in the world using panel data from 1999 to 2013. After analyzing 41 countries in the world data, furthermore 17 countries in Asia was analyzed with the same period. This study utilized quantitative approach with Ordinary Least Square (OLS) regression method. The results of 41 countries in the world data indicates that Foreign Direct Investment, Gross Domestic Product, Energy Consumption, and Meat Consumption significantlyaffect Environmental Qualities which measured by CO2 emissions. Whilst the results of 17 countries in Asia data implies that Foreign Direct Investment, Energy Consumption, and Electric Consumption significantlyaffect Environmental Qualities. However, Gross Domestic Product and Meat Consumption does not affect Environmental Qualities.


2019 ◽  
Vol 8 (10) ◽  
pp. 6262
Author(s):  
Martina Carissa Dewi ◽  
Luh Gede Sri Artini

The level of return obtained by investors is influenced by microeconomic and macroeconomic factors. This study aims to obtain empirical evidence regarding the effect of exchange rates, Gross Domestic Product and solvency on stock returns. This research was conducted at the mining company in the coal sub-sector on the Indonesia Stock Exchange. All the coal mining sub-sector companies listed on the Stock Exchange for the period 2014-2017 used as the population. The method of determining the sample used is using a saturated sampling technique. Multiple linear regression test used as the data analysis on this research. Based on the results of the analysis of this study it was found that the exchange rate and GDP had a negative and significant effect on stock returns. The solvency proxied by DER has a positive and significant effect on stock returns. Keywords: Exchange Rate, Gross Domestic Product, Solvability and Return.


2021 ◽  
Vol 7 (1) ◽  
Author(s):  
Zhen Shi ◽  
Shijiong Qin ◽  
Yung-ho Chiu ◽  
Xiaoying Tan ◽  
Xiaoli Miao

AbstractChina’s commercial banks have developed at a very rapid speed in recent decades. However, with global economic development slowing down, the impact of gross domestic product growth as an exogenous factor cannot be ignored. Most existing studies only consider the internal factors of banks, and neglect their external economic factors. This study thus adopts an undesirable dynamic slacks-based measure under an exogenous model in combination with the Kernel density curve to explore the efficiency of state-owned commercial banks (SOCBs), joint-stock commercial banks (JSCBs), and urban commercial banks (UCBs) in China from 2012 to 2018. The results show that SOCBs have the highest overall efficiency, followed by JSCBs, then UCBs. The efficiencies of SOCBs, JSCBs, and UCBs in the financing stage are greater than those in the investment stage, indicating that the latter stage brings down overall efficiency. Thus, all commercial banks need to focus on the efficiency of non-performing loans and return on capital. Finally, SOCBs need to strengthen internal controls, reduce non-performing loans and improve return on capital. JSCBs should actively expand its business while controlling costs, and UCBs should optimize its management.


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