Farhan Khan

North South University · Department of Economics

Purpose The main purpose of this paper is to analyse the influence of capital efficiency on the economic growth of Bangladesh using the Harrod-Domar (H-D) model. Design/methodology/approach We use annual data from 1980 to 2019 for this paper. Three steps are taken in the data analysis. First, to check the existence of a unit root, we use the augme...

We aim to examine Lewis–Ranis–Fei (LRF) model’s predictions of economic development phases for Bangladesh and India. In this regard, we use annual data covering from 1990 to 2019 and apply robust econometric methods for estimating the sectoral (agriculture and non-agriculture) production functions to calculate the Marginal Productivity of Labor (MP...

Bangladesh, a small country in South Asia, has undergone significant economic development in the past 50 years since its inception. This can be attributed to its transition from an agrarian to an industrial economy, with the energy sector playing a pivotal role in facilitating this shift. An in-depth investigation of Bangladesh's energy landscape (...

This paper critically discusses the importance of cooperative environmental governance (CEG) for efficient waste management and waste-to-energy (WtE) generation in the context of growing urban South Asia. Focusing on Bangladesh, India and Pakistan experiences, the paper reveals that even though much progress has been done in the urbanisation in the...

The Association of South East Asian Nations (ASEAN) has shown remarkable progress in terms of economic growth over the last two decades. Affected by the COVID-19 pandemic, governments of this region’s countries have changed the projected development path with immense focus on protecting lives and livelihood. This has resulted in concerns regarding...

This chapter aims to critically discuss the essence of institutional and regulatory requirements given the current status of fintech development in Bangladesh. The chapter indicates that the fintech development in Bangladesh has been mostly skewed toward mobile financial services (MFS). The development of other advanced fintech methods, however, su...

The incremental capital-output ratio indicates the extent of capital efficiency as firms gradually become technically efficient. Therefore, we aim to empirically assess the linkage between energy intensity and incremental capital-output ratio from a holistic point of view, the first of its kind, by analyzing data from select South Asian countries,...

We analyse how financial development and renewable energy consumption are linked in the selected countries of South Asia using data covering from 1990 to 2018. On the indication of cross-sectional dependency among the variables of the models, we apply second-generation panel unit root tests and cointegration tests to check stationarity properties a...

We aim to examine the nexus between Foreign Direct Investment (FDI), Renewable Energy Consumption (REC), and income inequality across selected High-Income Countries (HIC), Upper Middle-Income Countries (UMIC), Lower Middle-Income Countries (LMIC), and Low-Income Countries (LIC). Given the cross-sectional dependency, slope homogeneity, and stationar...

The scope of this work is to explore whether RCEP would be beneficial to Bangladesh given her strong ties with India and the west. Using extended Gravity equation and data from Head and Mayer (2021) and the Direction of Trade Statistic (IMF, 2021) for Bangladesh with her applicable partner countries from 1972 till 2019, we attempted to examine the...

This chapter provides a critical discussion of the factors influencing the digitization of green finance in Bangladesh, a country located in the north-eastern part of South Asia. Although Bangladesh has several green funds for financing renewable and other climate-related projects to achieve the sustainable development goals (SDGs), the proportion...

We investigate tourism-led Dutch Disease in the selected South Asian countries with data covering from 1980 to 2018 as no studies have been done from the South Asian perspective. We use recently developed robust panel econometric methods for this empirical analysis. Our results reveal that concerning variables have long-run cointegrating relationsh...

The interaction between host and tourists is a natural phenomenon that causes an exchange of values, norms, and cultural practices, leading to a change in the social atmosphere of a tourist destination. With the continuous development of tourism industry, it has been observed that traditional social cultures have changed vividly in many tourist des...

Purpose - The distinct linkage between tourism and energy has received significant attention due to the recent momentum towards green tourism and environmental sustainability. Given the present growth trajectory of the tourism industry, we examine the selected South Asian countries' tourismrenewable energy nexus. Design - We obtain data (1995 to 20...

Energy security is considered the constituent element of sustainable development for an emerging country like Bangladesh. We aim to investigate Bangladesh's energy security level by employing the 4As framework from 2014 to 2019. We reveal that Bangladesh's energy security showed a declining trend from 2014 and reached a minimum in 2016. However, fr...

We analyse how the financial development and green energy use are linked to the countries of South Asia from 1990 to 2018. Domestic credit to the private sector and renewable energy consumption is being used in this paper as indicators of financial development and the use of renewable energy. On the indication of cross-sectional dependency among th...

Biogas, as a source of renewable energy, can play a crucial role in achieving a balanced, harmonious, and sustainable development, ensuring economic competitiveness and reducing the environmental degradation in Asia. However, the development of the biogas industry in Asia shows a gloomy picture due to the prevailing socioeconomic and institutional...

The central role of electricity in shaping the worldwide economy is broadly acknowledged in the energy literature. Having identified the then ongoing crisis of the electricity sector, the present Awami League government initiated restructuring the energy sector since 2009 to quicken the pace of the developmental activities. All these efforts result...

The relationship between energy and output is one of the key issues in economic literature. Existing empirical studies have mainly used the neoclassical one-sector aggregate production function to examine the energy-output nexus and revealed inconclusive results. To address this issue, in this paper, we develop a two-sector model differentiating th...

Energy is considered as a crucial factor in modern economic production. The relationship between energy and output has widely been assessed in the existing literature by using neo-classical one-sector aggregate production function and remained an anomaly in different studies. However, in this study, we follow the newly developed two-sector framewor...

The relationship between energy and output is one of the key issues in economic literature. Until now, most of the studies have mainly used the neoclassical one-sector aggregate production function to scrutinize the energy-output nexus and revealed inconclusive results. Following the two-sector framework of Amin et al. (2020), we aim to investigate...

We examine the empirical relationship between FDI and tourism in Bangladesh by employing the annual time series data from 1972 to 2017. Standard econometric techniques, like Augmented-Dickey Fuller (ADF), Phillips-Perron (PP) and Zivot-Andrews structural break augmented unit root tests, Johansen cointegration test, Granger causality test, Vector Er...

This study has developed a satellite account to capture the unaccounted works of women which will be treated as a separate account because the System of System of National Accounts (SNA) fails to represent non-marketed service activities performed by households (mostly female members) for private consumption and sustenance. The satellite account fo...

The Tourism industry is considered as one of the fastest-growing industries in the world. The most significant economic feature of the tourism industry is that it contributes to five high priority socioeconomic goals of the developing and emerging countries and these are the generations of income, jobs creation, foreign exchange earnings, improveme...

The main aim of this paper is to analyse the tourism-energy nexus for the selected South Asian countries by incorporating panel data set between 1995–2015. All the concerned variables are integrated at the first-differenced form and cointegrated in the long run. Dumitrescu-Hurlin panel non-granger causality test reveals a unidirectional causality f...

Today, oil is considered as a dynamic factor that helps to sustain modern economic activities as well as wellbeing of a nation. To the best of our knowledge, no study has been done in the context of Bangladesh regarding the causal relationship between oil consumption and economic growth. Hence, the aim of this paper is to empirically analyze the lo...

Emerging countries undergo economic transformation through urbanization in which to continue modern economic activities, there exists high demand for different energy sources such as electricity, oil, coal, natural gas etc. To the best of our knowledge, no studies have been conducted to investigate the impact of urbanization on energy consumption i...

Foreign direct Investment (FDI) is a source of investment which allows any business or sector to grow. It works as a catalyst in developing countries for enhancing total output level. Beside this, FDI also promotes energy efficiency and clean energy. To the best of our knowledge no studies have been conducted to explore the relationship between FDI...

Increased amount of fossil energy consumption in developing or emerging countries has created major concerns about global warming where renewable energy could be a good option which can assist to continue stable economic growth as well as can prevent environmental degradation. To the best of our knowledge, no studies have been conducted to investig...

Today, oil is considered as a dynamic factor that helps to sustain modern economic activities as well as wellbeing of a nation. To the best of our knowledge, no study has been done in the context of Bangladesh regarding the causal relationship between oil consumption and economic growth. Hence, the aim of this paper is to empirically analyze the lo...

International remittance has become a vital issue in this global era and for developing countries remittance is an imperative source of income. Impact of remittance on education enrollment and health care are the two important aspects in emerging countries like Bangladesh. However, to the best of our knowledge, no studies have been conducted to exp...

Energy is considered as a fundamental element to carry on different modern economic activities both in developed and developing nations all over the world. In the case of emerging nations like Bangladesh, implementing energy projects to provide maximum access to different energy commodities are difficult for various reasons. One of the reasons is p...