Bangladesh is a lower middle income country that has followed an export-led growth strategy to develop its economy over the years which signifies the importance of Terms of Trade (TOT) movements a crucial macroeconomic tool that can dictate its volume of trade. However, despite the fact that a TOT improvement is aimed to generate positive externality on various macroeconomic indicators, it is empirically acknowledged to trigger Inflation as well, mainly through movement in the exchange rates. The...

The aim of this paper is to bridge the gap in the literature by empirically shedding light on the impacts of trade openness on facilitation of renewable energy transition in 38 selected countries across South Asia, Southeast Asia, Sub Saharan Africa, Latin America and Caribbean Islands. Annual data in, panel framework, stemming from 2000 to 2014 is incorporated in this paper and the Three-Stage Least Squares (3SLS) panel data estimation methodology is applied. In addition, Granger causality tests,...

The strand of literature on Chinese firm performance shows that state ownership clearly has influence. This state-performance relationship is found to be linear, concave and convex shaped which remains to be resolved yet there are few studies. The authors study a large and recent sample of 27,896 Chinese publicly listed firm year observations during 2001-2011 using panel regressions. The authors show that state ownership is related to financial performance as measured by Tobin’s Q and stock...

The recent economic upturn after the recession of 2007-2009 has been more sluggish than most previous recoveries. The new tax laws will lead to more government borrowing to finance its budget deficit which will raise the interest rate and crowd out households and firms which will reduce aggregate spending and will have a contractionary impact on the American economy. Although there is no consensus about a solution for recession, there are some economic policy recommendations which can help a contracted...

Mobilization of domestic revenue is of paramount importance in the context of the South Asian region since most of these regional countries are dependent on multidimensional development assistance which are expected to exhibit a decreasing trend in future. However, the low ratio of tax revenue to GDP scenario across South Asia is a major area of deep concern for the associated countries that have been ineffective in making remarkable improvements in their respective tax-GDP ratio. Thus, this paper...

The use of robots in live chats often known as chatbots is an emerging, smart and readily adoptable technology. It is also now a common customer service strategy as this is very much beneficial in rendering various customer services such as one-to-one conversations, customized offer, responsive customer service through 24/7/365 availability, etc. From this perspective the current study is an attempt to examine the role of chatbot in customer service of the banking industry of Bangladesh. The current...

The global economic affairs have brought both opportunities and challenges for the commercial arenas in which financial market is also not an exception. But some employees in the financial market put their efforts to achieve their target in ethical manner while the other group aims to fulfill their materialistic gains in any manner even if that is unethical. Such behavior often leads to competitive advantages or ethical crises or challenges in a wide range of financial institutions, which, in turn,...

The Tourism industry is considered as one of the fastest-growing industries in the world. The main objective of this paper is to provide a short-run estimation of tourism receipts for Bangladesh. Considering the annual tourist receipts from 1973 to 2017 and following the Box-Jenkins approach, the Autoregressive Integrated Moving Average (ARIMA) model has been applied for the short-term forecasting of tourism receipts in Bangladesh. Different ARIMA models are analyzed, and the best fitting ARIMA (0,1,1)...

The rural households in Bangladesh are vulnerable to several adverse shocks, whose impacts might depend on the socio-economic status, and other regional and physical factors. In this paper, utilizing micro econometric techniques and a rich dataset, the Bangladesh Integrated Household Survey (BIHS) 2015, we investigate how adverse shocks impact female labor force participation in rural areas of Bangladesh. Results obtained from the analyses show households with larger household size, outstanding loans,...

In today’s stiff competitive business world and saturated market condition forces, every marketer needs to make a consumer loyal to their brand to survive the businesses. Telecommunication industry is not exceptional to them. This study investigated the effects of corporate image, service quality, customer satisfaction, and perceived value to examine consumer loyalty. The study surveyed 237 students using random sampling method by the means of systematic random sampling method. Partial Least Squares-based...