CHITTAGONG INDEPENDENT UNIVERSITY (CIU)

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CIU Journal ISSN (Print): 2664-0457 ISSN (Online): 2664-0465 CIU Journal (Chittagong Independent University Journal), a double blind peer-reviewed journal, is published in hard and soft forms in December every year. However, a submission is welcomed any time of the year. CIU journal promises to an esteemed outlet for showcasing high-quality research related to all branches of contemporary knowledge – natural sciences, social sciences, liberal arts, engineering, business and law. The CIU journal is destined to advance the contemporary theoretical and empirical knowledge through publication and dissemination of innovative research articles to the scholarly community with special emphasis on Bangladesh and other emerging economies of the world. Thus, the CIU Journal is multidisciplinary in scope and is open to all research methods including qualitative, quantitative and mixed approaches. The CIU Journal publishes empirical papers, conceptual papers, review papers, case studies, research notes, practitioners’ perspectives and book reviews.

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Author: search.filters.author.Emon Kalyan Chowdhury¹End date: 2019

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    Does Foreign Direct Investment Stimulate Economic Progress of a Developing Country? Empirical Evidence from Bangladesh
    (CIU Journal, 2018-12-01) Emon Kalyan Chowdhury¹
    This study attempts to throw light on the impact of Foreign Direct Investment (FDI) on the Economic Growth (EG) of Bangladesh. Augmented Dickey Fuller unit root test is applied to test the data stationarity of time series data from 1975 to 2015. Johansen Cointegration Model shows that both FDI and economic growth are co-integrated. Vector Error Correction Model indicates that economic growth depends on FDI in the long-run, whereas no short-run causality is found through Wald test. Granger Causality test suggests that FDI and EG have bidirectional relation and cause each other.
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