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A Strategic Analysis of Patterns of Growth in Advanced Countries during 1870-2006

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dc.contributor.author Zayed, Nurul Mohammad
dc.contributor.author Kamruzzaman, Md.
dc.contributor.author Chowdhury, Shanjida
dc.contributor.author Tasneem, Sara
dc.contributor.author Islam, Md. Sariful
dc.date.accessioned 2022-02-01T06:08:05Z
dc.date.available 2022-02-01T06:08:05Z
dc.date.issued 2020
dc.identifier.uri http://dspace.daffodilvarsity.edu.bd:8080/handle/123456789/6925
dc.description.abstract The purpose of this study is to examine the impact of GDP per hour worked, total hours worked and labor force on GDP growth in advanced countries. The broad objective of the paper is to find out the relationship among variables. Gross Domestic Product (GDP) growth rate has been selected as dependent variable and GDP per hour worked, total hours worked and labor force is independent variables. We have collected our data for the period of 1870-2006. We used EViews 9 for data analysis. Different statistical tests were performed to fulfill the objectives of the paper. We used Augmented Dickey Fuller Test for testing unit root. For testing cointegration Johansen Test for Co-Integration has been used. We also used Error Correction Model (ECM), QUSUM and QUSUM square test for testing stability of the model. Paper shows that there has relationship between variables. GDP hour worked total hours worked are negatively correlated with GDP growth rate. Labor force is positively correlated with GDP growth rate. en_US
dc.language.iso en_US en_US
dc.publisher Scopus en_US
dc.subject Gross Domestic Product (GDP) en_US
dc.subject Labor Force en_US
dc.subject Advanced en_US
dc.subject Augmented Dickey Fuller (ADF) en_US
dc.subject Test and Error Correction Model (ECM) en_US
dc.title A Strategic Analysis of Patterns of Growth in Advanced Countries during 1870-2006 en_US
dc.type Article en_US


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