1.
Export Enhancing Effects of Information and Communication Technologies: Evidence from Bangladesh
Keywords: Bangladesh, Bilateral exports, Gravity model, Information and communications technology, Ordinary least square , Poisson pseudo maximum likelihood.
2.
Nexus between macroeconomic factors and remittance inflow in presence of ICT penetration: a panel data analysis of Bangladesh economy
DOI: 10.1504/IJSEM.2023.10058035
Abstract: While the whole world was struggling and stumbling during the global pandemic, the economy of Bangladesh miraculously experienced a comparatively lower stagnation than its contemporaries, owing to a larger remittance inflow intertwined with the surge of ICT services. This study attempts to find the answer to this overwhelming performance considering the macroeconomic factors in host countries that are top in remittance outflow towards Bangladesh. The findings indicate significant positive effects of ICT, as well as macroeconomic factors like government expenditure, trade balance, and FDI on the remittance inflow of the recipient country. Despite being unique in perspective, the paper is confined to the usage of secondary data and limited data availability due to institutional constraints for a few countries. The paper concludes by prescribing an ICT-friendly infrastructure for both host countries and the recipient country, along with an emphasis on selected macroeconomic variables.
Keywords: remittance; ICT; macroeconomic factors; receiving country; host country; panel data; fixed effects; random effects; Bangladesh.
3.
Role of education human capital in ICT-trade relationship
DOI: 10.1504/IJEED.2024.10051654
Abstract: The study investigates how ICT affects trade because of prior effect of education human capital on ICT using gravity panel model for the period 2000‒2018 including 130 countries. First, we find positive and significant relationship between ICT use and bilateral merchandise exports flows. Second, the findings indicate that higher ICT use by both the exporting and importing country has a positive impact on exports of countries with higher education human capital. The effects of interaction between ICT and human capital on exports flows from low-and middle-income to high income countries as well as trade between low and middle-income countries are positive and significant for the exporter country. The interaction terms on trade flows involving high-income countries as exporters, in contrast, are negatively significant. For importers, interaction has positive and significant effects except trade flows from high-income to low-and middle-income countries, where it asserts positive but insignificant effect. Keywords: education human capital; ICT; gravity model; panel data; bilateral exports; high-income countries; low and middle-income countries; Poisson pseudo maximum likelihood; interaction effects.
Keywords: education human capital; ICT; gravity model; panel data; bilateral exports; high-income countries; low and middle-income countries; Poisson pseudo maximum likelihood; interaction effects.
4.
Forecasting Monthly Inflation in Bangladesh: A Seasonal Autoregressive Moving Average (SARIMA) Approach
Doi: 10.1991/jefa.v7i2.a61
Abstract: The objective of this study is to forecast the trend of inflation in Bangladesh by utilizing past inflation data. To achieve this objective, we employed the Seasonal Autoregressive Integrated Moving Average (SARIMA) model which is an extension of the Autoregressive Integrated Moving Average (ARIMA) model. Monthly inflation data used for forecasting were derived from the Consumer Price Index (CPI) data obtained from the International Monetary Fund (IMF) database, covering the period from January 2010 to January 2023. Our analysis reveals that the SARIMA (2,0,0)×(1,0,1)12 model is the most appropriate fit. Based on this finding, we predicted the inflation trend in Bangladesh from February 2023 to December 2024. A comparison of our predicted values with the actual values indicates a high degree of correlation between the two. Although a few discrepancies were observed, they did not undermine our prediction since the parameters of the model lay within the 95% confidence interval.
Keywords: C51, C53, E31, E37.
JEL Classification: Inflation, Seasonality, SARIMA, Bangladesh.
Last Updated:
21 Nov 2024