Military Expenditure and Unemployment Nexus in Bangladesh

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Main Author: Abu Hanif
Format: Artículo científico
Language:en
Published: Universidad Católica de Colombia 2023
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author Abu Hanif
author_facet Abu Hanif
contents Military Expenditure and Unemployment Nexus in Bangladesh Abu Hanif Muhammad Salah Uddin Tahsin Bakirtas Sheikh Abdul Kader Economía y Finanzas FDI ARDL Bangladesh Unemployment military expenditure The purpose of this study is to investigate the impact of military expenditure on unemployment in Bangladesh, examining the cointegration among unemployment, military expenditure, and foreign direct investment. It also sheds light on the short and long run dynamics of the variables under consideration. The study employs the ARDL bounds testing approach to investigate the cointegration among the variables using time series annual data from the period of 1990-2018. The dependant variable is unemployment and military expenditure and FDI are the independent variables. This research found a long run relationship among the variables. An increase in military expenditure significantly reduces unemployment in the short run, however, no significant long-run relationship is found. The higher FDI, the higher unemployment in the long run. This study contributes to fill the research gap regarding the impact of military expenditure and FDI on unemployment. To the best of our knowledge, this is the first study to examine the relationship among unemployment, military expenditure and FDI in Bangladesh using ARDL bounds testing approach with time series annual data. 2023 artículo científico 2248-6046 https://www.redalyc.org/articulo.oa?id=323577431007 https://www.redalyc.org/journal/3235/323577431007/ https://www.redalyc.org/journal/3235/323577431007/html/ https://www.redalyc.org/journal/3235/323577431007/323577431007.epub https://www.redalyc.org/journal/3235/323577431007/movil https://doi.org/10.14718/revfmanzpolitecon.v15.n1.2023.7 en http://www.redalyc.org/revista.oa?id=3235 Revista Finanzas y Política Económica application/pdf Universidad Católica de Colombia Revista Finanzas y Política Económica (Colombia) Num.1 Vol.15
format Artículo científico
id redalyc_323577431007
language en
publishDate 2023
publisher Universidad Católica de Colombia
spellingShingle Military Expenditure and Unemployment Nexus in Bangladesh
Abu Hanif
Economía y Finanzas
FDI
ARDL
Bangladesh
Unemployment
military expenditure
Military Expenditure and Unemployment Nexus in Bangladesh Abu Hanif Muhammad Salah Uddin Tahsin Bakirtas Sheikh Abdul Kader Economía y Finanzas FDI ARDL Bangladesh Unemployment military expenditure The purpose of this study is to investigate the impact of military expenditure on unemployment in Bangladesh, examining the cointegration among unemployment, military expenditure, and foreign direct investment. It also sheds light on the short and long run dynamics of the variables under consideration. The study employs the ARDL bounds testing approach to investigate the cointegration among the variables using time series annual data from the period of 1990-2018. The dependant variable is unemployment and military expenditure and FDI are the independent variables. This research found a long run relationship among the variables. An increase in military expenditure significantly reduces unemployment in the short run, however, no significant long-run relationship is found. The higher FDI, the higher unemployment in the long run. This study contributes to fill the research gap regarding the impact of military expenditure and FDI on unemployment. To the best of our knowledge, this is the first study to examine the relationship among unemployment, military expenditure and FDI in Bangladesh using ARDL bounds testing approach with time series annual data. 2023 artículo científico 2248-6046 https://www.redalyc.org/articulo.oa?id=323577431007 https://www.redalyc.org/journal/3235/323577431007/ https://www.redalyc.org/journal/3235/323577431007/html/ https://www.redalyc.org/journal/3235/323577431007/323577431007.epub https://www.redalyc.org/journal/3235/323577431007/movil https://doi.org/10.14718/revfmanzpolitecon.v15.n1.2023.7 en http://www.redalyc.org/revista.oa?id=3235 Revista Finanzas y Política Económica application/pdf Universidad Católica de Colombia Revista Finanzas y Política Económica (Colombia) Num.1 Vol.15
title Military Expenditure and Unemployment Nexus in Bangladesh
topic Economía y Finanzas
FDI
ARDL
Bangladesh
Unemployment
military expenditure
url https://www.redalyc.org/articulo.oa?id=323577431007
https://www.redalyc.org/journal/3235/323577431007/
https://www.redalyc.org/journal/3235/323577431007/html/
https://www.redalyc.org/journal/3235/323577431007/323577431007.epub
https://www.redalyc.org/journal/3235/323577431007/movil
https://doi.org/10.14718/revfmanzpolitecon.v15.n1.2023.7