Models for Empirical Analysis of Economic Growth in Bangladesh: Integrating Economic, Financial and Accounting Variables

Abstract

This research study has analyzed the integration of economic, financial and accounting variables in the perspective of economic growth and development of Bangladesh. It is an endeavor to examine whether the integration of the above referred three types of variables has any effect on the economic growth rate of Bangladesh. Thirty years' data of economic, financial and accounting variables have been taken into consideration for the purpose of regression analysis aimed at examining the result of the study. The result of the study is that the selected economic, financial and accounting variables can jointly explain economic growth more accurately than by using economic variables alone. In other words, the integration of the above referred three types of variables is more effective than taking only economic variables alone for explaining the economic growth rate of a nation.