Estimating the Services Sector Impact on Economic Growth of Bangladesh: An Econometric Investigation

Yousuf, Md.; Ahmed, Raju; Lubna, Nasrin Akther; Sumon, Shah Md.

doi:10.18488/journal.8.2019.72.62.72

Cited by 11 publications

(5 citation statements)

References 17 publications

(21 reference statements)

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“…The results are consistent with (Wijaya et al, 2021), (Mahmud & Rashid, 2006), (Haque et al, 2019), and (Yousuf et al, 2019). In the same way, the study found positive relationship exists between gross fixed capital formation and growth.…”

Section: Normality Testsupporting

confidence: 87%

Contribution of Expenditure to Agriculture Growth in Nepal

Nyaupane

2023

QJMSS

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Background: Among the different macroeconomic sectors, agriculture is critical to the expansion of Nepal's economy. Agriculture is the main strength for the development of trade and the service industry. Agriculture has become the backward linkage for trade and service. The contribution of expenditure is vital for the growth and agricultural development of Nepal. Objectives: The purpose of the study is to determine contribution of expenditure to the agricultural economic growth in Nepal. Methodology: The descriptive and causal research designs were used for the study. Annual time series from 1974/75-2020/21 was used as the data. The research used the Auto-Regressive Distributed Lag model (ARDL) approach of cointegrationa. Moreover, unit root test, bound test, residual diagnostics and normality test were used. Results: The empirical result indicates a short run good association between the agriculture labor force, gross fixed capital formation, capital expenditure and total food crops and long term collaboration between the agriculture labor force, gross fixed capital formation, total food crops and total cash crops. The disequilibrium is corrected in the one lag period with a speed of adjustment of 0.07 per cent. Conclusions: The study concludes that there is an association between government expenditure to agriculture growth of Nepal. So, government spending and agriculture expansion are associated in the long run. Implications: Government expenditure must increase to escalate the economic growth of agriculture, reflected via a source of economic growth in Nepal. Originality: The study is purely original and nowhere published yet. Likewise, no grants have been obtained during the period of investigation on this issue.

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Section: Normality Testsupporting

confidence: 87%

Contribution of Expenditure to Agriculture Growth in Nepal

Nyaupane

2023

QJMSS

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“…In recent years, the service sector has seen substantial development in the country's economy. (Rathore et al, 2019;Yousuf et al, 2019). There has been an average rise of 5.55 % during the previous five years (2015)(2016)(2017)(2018) (Nadeem et al, 2019).…”

Section: Alasan Utama Dari Makalah Ini Dibuat Adalah Untuk Memahami D...mentioning

confidence: 99%

Assessing The Impact of Innovative Practices on Customer Experience Satisfaction and Loyalty: A Study on Quick-Service Restaurants in North India

Manhas¹,

Sarangal²

2022

Asean J. Hosp. Tour.

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The primary rationale of this paper is to understand the impact of Innovative practices (IP) on Customer Experience (CE) and Customer Satisfaction (CS) in the Quick Service Restaurant. Further, the study also tends to approach innovative practices (IP) on Customer Loyalty (CL). The primary data was collected from 462 customers of a QSR belonging to an international brand located in Northern India. The scale development procedure involved Exploratory factor analysis, and confirmatory factor analysis has been used to identify and confirm the factor. Further Structural equation modelling has been used to test the hypothesized relationships. The findings of this study proved that innovative practices positively affect customer experience and Customer satisfaction in quick-service restaurants. The findings further indicated a significant relationship between innovation and customer loyalty. Several studies have been conducted on different aspects of service Innovation. The current study is the first attempt to offer innovative practices influence on Quick Service Restaurants. The paper is helpful for both practitioners and academicians as it would help develop effective marketing and operational strategies for Quick Service Restaurants. Moreover, managers are encouraged to carefully consider innovative practices that will increase the customer experience and the satisfaction toward their service offerings.

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“…Moreover, the estimation of the cointegration vector shows that the services sector contributes positively to Pakistan's economic growth. Yousuf et al [34] attempted to examine the contribution of the service sector in the economic growth of Bangladesh during the period of 1973-2017. Estimation results of the ARDL bound approach indicate the service sector and gross domestic product growth are correlated both in the short-run and long run.…”

Section: Brief Empirical Literature Reviewmentioning

confidence: 99%

The Impact of Services Sub-Sectors on the Innovation Performance of Eastern European Countries

Karahan¹,

Bay²

2021

KSS

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Many studies have shown that the services sector has grown rapidly recently and has contributed positively to the current productivity and growth rates in today’s economies. However, these findings are insufficient to explain the contributions of services sector developments to the dynamics of the economy. Firstly, it would be more appropriate to associate developments in the services sector with the increase in innovation activities, which is an important feature of the economy, instead of associating them with current productivity and growth rates. Secondly, instead of considering the developments in the services sector as a whole, it would be a more accurate approach to divide them into subgroups and examine their effects on the economy. Accordingly, we aimed to examine the effects of services sub-sectors on the innovation performance of 13 Eastern European countries using panel data analysis for the period of 2000-2017. Our empirical findings revealed that the impact of services sub-sectors on the innovation performance of Eastern European countries varies. Only the knowledge-intensive business services (KIBS) sub-sector has contributed to the innovation performance of the Eastern European area. Thus, these empirical results indicated important implications for innovation-oriented economic growth policies based on the promotion of the KIBS sub-sector in Eastern European countries. Keywords: services sectors, knowledge-intensive business services, innovation, Eastern European countries.

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Estimating the Services Sector Impact on Economic Growth of Bangladesh: An Econometric Investigation

Cited by 11 publications

References 17 publications

Contribution of Expenditure to Agriculture Growth in Nepal

Contribution of Expenditure to Agriculture Growth in Nepal

Assessing The Impact of Innovative Practices on Customer Experience Satisfaction and Loyalty: A Study on Quick-Service Restaurants in North India

The Impact of Services Sub-Sectors on the Innovation Performance of Eastern European Countries

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