Long-run coefficients
| Variables | Bangladesh | United Kingdom | ||||
|---|---|---|---|---|---|---|
| Coefficient | Std. error | t-statistic | Coefficient | Std. error | t-statistic | |
| LNMS | 1.161** | 0.494 | 2.347 | 0.68*** | 0.185 | 3.678 |
| LNER | −1.949** | 0.812 | −2.386 | −10.75*** | 1.497 | −7.179 |
| LNBR | −0.459 | 1.350 | −0.339 | 4.891*** | 0.784 | 6.235 |
| LNLIR | −2.598** | 1.288 | −2.017 | −4.234*** | 0.781 | −5.421 |
| Variables | Bangladesh | United Kingdom | ||||
|---|---|---|---|---|---|---|
| Coefficient | Std. error | Coefficient | Std. error | |||
| LNMS | 1.161** | 0.494 | 2.347 | 0.68*** | 0.185 | 3.678 |
| LNER | −1.949** | 0.812 | −2.386 | −10.75*** | 1.497 | −7.179 |
| LNBR | −0.459 | 1.350 | −0.339 | 4.891*** | 0.784 | 6.235 |
| LNLIR | −2.598** | 1.288 | −2.017 | −4.234*** | 0.781 | −5.421 |
| Summary of the long-run findings | ||
|---|---|---|
| Impact on economic growth | ||
| Bangladesh | United Kingdom | |
| LNMS | Positive | Positive |
| LNER | Negative | Negative |
| LNBR | Unexplainable | Positive |
| LNLIR | Negative | Negative |
| Summary of the long-run findings | ||
|---|---|---|
| Impact on economic growth | ||
| Bangladesh | United Kingdom | |
| LNMS | Positive | Positive |
| LNER | Negative | Negative |
| LNBR | Unexplainable | Positive |
| LNLIR | Negative | Negative |
Note(s): *** and ** denote statistically significant at 1 and 5% level of significance, respectively
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