A Macroeconometric Model of the Bangladesh Economy: Model, Estimation, Validation and Policy Simulation |
Common terms and phrases
aggregate production function balance of payments Bangladesh Bank BCCD BCGB BCSB behaviour capital stock CBCD cent error probability Central Bank Chapter consumer consumption function credit advanced CSPD DDEPD deficit financing deflated by GDP deflator in million direct taxes disposable income DMCR DMKR domestic DTDEP dummy variable DXCG DXIG dynamic EBRDF econometric economic endogenous variables EPD2 Equation Estimated ERGDP error probability level estimated equation EXDU expenditure block explanatory variable export finance block fiscal block fiscal deficit foreign assets GDP deflator GDPD GDPN GDPW Gross domestic product hypothesis identity import price index income elasticity increase inflation long-run macroeconometric model monetary money and finance money supply NFAB Obs sl.no OTXD output permanent income hypothesis PINVD real balance revenue RMSPE sales taxes SATX scheduled banks sector serial correlation short-run significant at less specification statistically significant theoretical TLGD trade block TXIW UPIG YDRD zero otherwise