Does stock market development affect economic growth? Econometric evidence from Bangladesh / Abdullahil Mamun ... [et al.]

• Main Authors: Mamun, Abdullahil, Basher, Shahanara, Hoque, Nazamul, Ali, Md Hasmat (Dr.)
• Format: Article
• Language: English
• Published: Accounting Research Institute (ARI), Universiti Teknologi MARA, Shah Alam 2018
• Subjects: Mathematical economics. Quantitative methods; Industrial sociology. Social conditions of labor
• Online Access: https://ir.uitm.edu.my/id/eprint/30304/1/30304.pdf; https://ir.uitm.edu.my/id/eprint/30304/

The study aims to evaluate the causality linkage between stock market development (SMD) and growth of the economy in Bangladesh. Using time series data of quarterly frequency through 2000Q1-2017Q4 and employing the Johansen cointegration approach the study reveals that there are long-run co-inte...