Volume 07 Issue 09 September 2024
Roksana Akhter
Assistant Professor, Department of Economics Mawlana Bhashani Science and Technology University, Santosh, Tangail-1902,Dhaka, Bangladesh
DOI : https://doi.org/10.47191/ijsshr/v7-i09-09Google Scholar Download Pdf
ABSTRACT
The aim of this study is to investigate the outcome of human capital (proxied by government expenditure on education (GEE) and life expectancy (LE), carbon emission (CO2), domestic credit growth (DCG), labor force participation rate (LFPR) and remittances (RMT) on Bangladesh's economic progress as indicated by GDP per person. From 1990 to 2018, data for the analysis were used from the world development indicator. ARDL (Auto -regressive distributed lag model is used for the analysis and the cointegration test(F-bound test ) reveals that the value of F-statistics (32.83) is greater than I(1) bound(4.26) statistically 1 % significant level that confirms a sustained relationship throughout time between the variables being studied. Empirical results reveal that DCR, LE and RMT have significant and positive long-term effect on GDPPC. Conversely, carbon emission, GEE, LFPR and GCF have a long-term negative effects.
KEYWORDS:Human capital, Carbon emissions(CO2), Gross Domestic Product per capita, Economic Development, Bangladesh.
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