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Impact of Selected Factors on International Trade of Bangladesh: An Empirical Analysis


 
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1. Title Title of document Impact of Selected Factors on International Trade of Bangladesh: An Empirical Analysis
 
2. Creator Author's name, affiliation, country Abdullah Bin Zafar; University of Dhaka; Bangladesh
 
3. Subject Discipline(s) International Business, International Trade, Emerging Market Economies
 
3. Subject Keyword(s) International trade, Ordinary Least Squares, Economic Development, Bangladesh
 
3. Subject Subject classification International Trade
 
4. Description Abstract International trade is a vital driver of economic development for nations worldwide, and Bangladesh, as a developing country in South Asia, strategically utilizes trade as a key element in its economic growth agenda. This paper examines the impact of internal factors on Bangladesh's international trade, employing Ordinary Least Squares (OLS) regression analysis to analyze data spanning from 2000 to 2022. The study focuses on factors such as GDP, inflation, real interest rates, unemployment rates, government expenditure, population growth, remittance inflows, government expenditure in education, macroeconomic management, and tariff rates. The results reveal a strong statistical significance between the predictors and Bangladesh's international trade volume. Notably, personal remittances, government expenditure in education, and macroeconomic management index exhibit significant influence on international trade. The findings provide valuable insights for policymakers and stakeholders to enhance Bangladesh's trade performance, contributing to its sustainable economic development.
 
5. Publisher Organizing agency, location
 
6. Contributor Sponsor(s)
 
7. Date (YYYY-MM-DD) 23-05-2024
 
8. Type Status & genre Peer-reviewed Article
 
8. Type Type Empirical Method using Ordinary Least Squares
 
9. Format File format PDF
 
10. Identifier Uniform Resource Identifier https://www.jital.org/index.php/jital/article/view/472
 
11. Source Title; vol., no. (year) Journal of International Trade, Logistics and Law; Volume 10, Issue 1 (2024): June
 
12. Language English=en en
 
13. Relation Supp. Files
 
14. Coverage Geo-spatial location, chronological period, research sample (gender, age, etc.)
 
15. Rights Copyright and permissions Copyright (c) 2024 Journal of International Trade, Logistics and Law