期刊名称:Asian Journal of Economics, Business and Accounting
印刷版ISSN:2456-639X
出版年度:2017
卷号:4
期号:1
页码:1-9
DOI:10.9734/AJEBA/2017/34156
语种:English
出版社:Sciencedomain International
摘要:The paper assesses whether energy consumption leads to economic growth in Bangladesh applying the ARDL (autoregressive distributed lag) bounds testing approach of cointegration. We use time series data for the period from 1979 to 2014. Results report that energy use and economic growth cause each other to boost both in the short- and long-run. Policy implication is that the government needs to continue generating and ensuring supplying of energy to boost both economic growth and energy generation to achieve the ‘Vision 2041’ of developed country.