1,720,955 research outputs found
Effect of Public Investment on Economic Growth in Bangladesh: An Econometric Analysis
Get PDFThis paper explores the role of public investment in the process of economic growth, in the context of Bangladesh economy. Due to lack of recent official statistics, necessary datasets were derived by the author for the period 1973-2011. For the estimation purposes several econometric method are used. The results show that Public Investment has positive effects on GDP in Bangladesh. So increases in public investment should have a positive net impact on economic growth which augments our economic development in future. Findings point out that keeping the high public investment level in Bangladesh together with improvement in institutional surroundings would be beneficial for economic growth. This paper concludes with a number of policy recommendations arising from the research findings.
Kewords: Public Investment, Economic Growth, Unit Root Test, Co-integration test, Jarque-Bera test, Multicollinearity test, Heteroskedasticity, Likelihood Ratio Test
Volatility Estimation in the Dhaka Stock Exchange (DSE) returns by Garch Models
Get PDFThis study aimed at understanding the volatility of Dhaka Stock Exchange (DSE). The daily and monthly average DSE General Index (DGEN), from the period January 1, 2002 to July 31, 2013 has been used. The study has been made by using the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) models to estimate the presence of volatility. Though volatility is a common phenomenon in the capital market, the study recommends careful monitoring of volatility by the concerned authority if necessary. It is also recommended that activities of corporate insiders should be properly checked and information should become available for all of the interested investors and to ensure adequate supply of stock through active participation of the government and giant national and multinational companies and so forth
Determinants of Foreign Direct Investment in Bangladesh and Empirical Analysis
Get PDFThis study examines the various economic factors effects on foreign direct investment (FDI) inflows into Bangladesh during the study period ranging from 1972 to 2010. Log linear regression model has been used and the method of least squares (OLS) has been applied to estimate the various determinants effects on FDI inflows. In the models, dependent variable is Natural Log of real foreign direct investment. Independent variables are market size proxied by natural log of real GDP, Trade Balance, Labor productivity expressed by natural log of productivity indices of industrial labor in selected industries (Jute, Cotton, Paper, Steel, Cement, and Fertilizer). According to the econometric results, market size has positive sign and is statistically significant. Trade balance is found positive sign and statistically significant. Labor productivity has positive sign but not significant. Keywords: Foreign Direct Investment, Determinants of FDI, Unit Root Test, Co-integration test, Jarque-Bera test, multicollinearity test, Heteroskedasticit
Determinants of Capital Flight in Bangladesh: an Econometric Estimation
Get PDFThis study investigates the causes of capital flight from Bangladesh during the study period ranging from 1973 to 2013. Linear regression model has been used and the method of least squares (OLS) has been applied to estimate the various determinants on capital flight. The results illustrate external debt, foreign direct investment inflows, and foreign reserves to be the main causes of capital flight. Apart from Econometric Analysis, we have also shown that the other reasons of capital from Bangladesh includes economic crimes that generated through huge illegal incomes, whether from the willful default of bank loans, corruption in tax administration, manipulation in stock exchanges, over-invoicing and under-invoicing in trade settlements, leakage in public development expenditure, or illegal financial deals in the running of state-owned enterprises. Statistically we have proved that External Debt is the major cause of Capital Flight from Bangladesh. In future proper external debt management and utilization will be key strategy for Bangladesh Govt. to combat the capital flight from Bangladesh and also improving the foreign reserve can balance the lost capital or wealth from Bangladesh. Keyword: Flight Capital, Unit Root Test, Multicollinearity Test, Heteroskedasticity, Correlation Matrix, ARCH Test
Going Beyond Counting First Authors in Author Co-citation Analysis
Get PDFThe present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation
counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings
are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that
only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into
account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed
Variations on the Author
Get PDF“Variations on the Author” discusses two of Eduardo Coutinho’s recent films (Um Dia na Vida, from 2010, and Últimas Conversas, posthumously released in 2015) and their contribution to the general question of documentary authorship. The director’s filmography is characterized by a consistent yet self-effacing form of authorial self-inscription: Coutinho often features as an interviewer that rather than express opinions propels discourses; an interviewer that is good at listening. This mode of self-inscription characterizes him as an author who is not expressive but who is nonetheless markedly present on the screen. In Um Dia na Vida, however, Coutinho is completely absent form the image, while Últimas Conversas, on the contrary, includes a confessional prologue that moves the director from the margins to the center of his films. This article examines the ways in which these works stand out in the filmography of a director who offers new insights into the notion of cinematic authorship
Appropriate Similarity Measures for Author Cocitation Analysis
Get PDFWe provide a number of new insights into the methodological discussion about author cocitation analysis. We first argue that the use of the Pearson correlation for measuring the similarity between authors’ cocitation profiles is not very satisfactory. We then discuss what kind of similarity measures may be used as an alternative to the Pearson correlation. We consider three similarity measures in particular. One is the well-known cosine. The other two similarity measures have not been used before in the bibliometric literature. Finally, we show by means of an example that our findings have a high practical relevance.information science;Pearson correlation;cosine;similarity measure;author cocitation analysis
Dispelling the Myths Behind First-author Citation Counts
Get PDFWe conducted a full-scale evaluative citation analysis study of scholars in the XML research field to explore just how different from each other author rankings resulting from different citation counting methods actually are, and to demonstrate the capability of emerging data and tools on the Web in supporting more realistic citation counting methods. Our results contest some common arguments for the continued
use of first-author citation counts in the evaluation of scholars, such as high correlations between author rankings by first-author citation counts and other citation
counting methods, and high costs of using more realistic citation counting methods that are not well-supported by the ISI databases. It is argued that increasingly available digital full text research papers make it possible for citation analysis studies to go beyond what the ISI databases have directly supported and to employ more
sophisticated methods
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