IDEAS home Printed from https://ideas.repec.org/a/arp/ijefrr/2019p209-213.html
   My bibliography  Save this article

Labor Force Participation Rate and Economic Growth: Observations for Bangladesh

Author

Listed:
  • Ahasan Ul Haque

    (Department of Economics, Noakhali Science and Technology University, Noakhali-3814, Bangladesh)

  • Golam Kibria

    (Department of Economics, Noakhali Science and Technology University, Noakhali-3814, Bangladesh)

  • Muhaiminul Islam Selim*

    (Department of Economics, Noakhali Science and Technology University, Noakhali-3814, Bangladesh)

  • Dilruba Yesmin Smrity

    (Department of Economics, Noakhali Science and Technology University, Noakhali-3814, Bangladesh)

Abstract

The study investigates the relationship between the labor force participation rate for both male and female, gross fixed capital formation, and economic growth in Bangladesh using the annual time series data from 1991 to 2017. The results find two bidirectional nexus that one is between total labor force participation and economic growth and second is between gross fixed capital formations and economic growth whereas the findings also show a unidirectional causal association from female labor force participation to economic progress for Bangladesh. The study also finds that both total labor force participation and female labor force participation have short-run positive significant effects on the economic development for Bangladesh but adverse effects in the long run. On the contrary gross fixed capital formation contains short term significant negative indication on the economic growth but has an explicit positive considerable impact on the economic development of Bangladesh. The government of Bangladesh needs to give more importance in technical education format that will produce more skilled labor.

Suggested Citation

  • Ahasan Ul Haque & Golam Kibria & Muhaiminul Islam Selim* & Dilruba Yesmin Smrity, 2019. "Labor Force Participation Rate and Economic Growth: Observations for Bangladesh," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 5(9), pages 209-213, 09-2019.
    • Handle: RePEc:arp:ijefrr:2019:p:209-213
    as

    Download full text from publisher

    File URL: https://www.arpgweb.com/pdf-files/ijefr5(9)209-213.pdf
    Download Restriction: no
    File URL: https://www.arpgweb.com/journal/5/archive/09-2019/9/5
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Hamizah Abdul Halim & Nor Hidayah Harun & Mohd Shahidan Shaari & Noorazeela Zainol Abidin, 2020. "The Effects of Capital, Labor and Electricity Consumption on Economic Growth in Malaysia," International Journal of Energy Economics and Policy, Econjournals, vol. 10(6), pages 305-309.
    2. Muhammad Ibrahim Shah, 2021. "Investigating the Role of Regional Economic Integration on Growth: Fresh Insights from South Asia," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 13(1), pages 35-57, January.
    3. Muntasir Murshed & Haider Mahmood & Tarek Tawfik Yousef Alkhateeb & Mohga Bassim, 2020. "The Impacts of Energy Consumption, Energy Prices and Energy Import-Dependency on Gross and Sectoral Value-Added in Sri Lanka," Energies, MDPI, vol. 13(24), pages 1-22, December.
    4. Chen, Shengming & Hassan, Muhammad Shahid & Latif, Ayesha & Rafay, Abdul & Mahmood, Haider & Xu, Xiaowei, 2023. "Investigating resource curse/blessing hypothesis: An empirical insights from Luxembourg, the Netherlands, and Portugal economies," Resources Policy, Elsevier, vol. 83(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arp:ijefrr:2019:p:209-213. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Managing Editor (email available below). General contact details of provider: http://www.arpgweb.com/?ic=journal&journal=5&info=aims .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.