Growth Analysis: Convergence and Determinants

Abstract

This thesis attempts to empirically analysis the neoclassical form of Solow-Swan which mostly construct on recognize the determinants of growth. This thesis is separated in to two parts. In first part we examine convergence hypothesis for Bangladesh by time series data to decide whether Bangladesh will converge to the Developed country and how speedy or slow this convergence process will be in obtaining the balance growth path. In the second part of this thesis we mainly analyses the progress structure for the rising developing countries and to check how their macroeconomic symphony of growth is different from those of the developed countries also we have tried to focus on the aspect that actually work as the driving power towards the growth pathway of developing countries, by panel data approach. To carry out this study 21 South Asian developing countries have been involved over the period of 1985-2013.