Open Access Open Access  Restricted Access Subscription Access

Interrelationships Among Three South Asian GDP: A Cointegration Approach

Md. Hadiul Kabir, A.B.M. Rabiul Alam Beg, Md. Nurul Haque Mollah


Gross domestic product (GDP) of Bangladesh, India, and Sri Lanka are analyzed to find out cointegration among these variables. Three log (GDP) series are found to be cointegrated. Statistically valid representation of the error correction model (ECM) for Bangladesh exists with a stable speed of adjustment indicates that about 40 % of any deviation from the long-run path is corrected within a year. Moreover, generalized Granger causality running from India and Sri Lanka to Bangladesh exists within this ECM. No significant ECM found for India and Sri Lanka.


GDP, Cointegration, ECM, Generalized Granger causality, Speed of adjustment

Full Text:


Disclaimer/Regarding indexing issue:

We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information.