Investigating Causal Relations of Economic Variables: Capital, GDP, Labour and Population in Sweden 1870-2000

Authors

  • Mohammad Mastak Al Amin BRAC University, Mohakhali, Dhaka
  • Anamul Haque Sajib Department of Statistics, Biostatistics and Informatics, Dhaka University, Dhaka-1000
  • Mohammad Alamgir Institute of Cost and Management Accountants of Bangladesh, Dhaka

DOI:

https://doi.org/10.3329/dujs.v62i2.21970

Keywords:

GDP, labour, capital, population, VAR model, Granger-Causality test

Abstract

The main objective of this paper was to study the causal relationships of the economic variables GDP, labour, capital and population in Sweden during the time period 1870 to 2000. In this paper the theory of unit root tests, vector auto regressive (VAR) model and Granger-Causality test were ased to find the causality of the variables. Augmented Dickey Fuller test was also used as unit root test. By applying all these tests and methods, the causal relationship among the economic variables has been established.

DOI: http://dx.doi.org/10.3329/dujs.v62i2.21970

Dhaka Univ. J. Sci. 62(2): 81-86, 2014 (July)

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Published

2015-02-08

How to Cite

Amin, M. M. A., Sajib, A. H., & Alamgir, M. (2015). Investigating Causal Relations of Economic Variables: Capital, GDP, Labour and Population in Sweden 1870-2000. Dhaka University Journal of Science, 62(2), 81–86. https://doi.org/10.3329/dujs.v62i2.21970

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Articles