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Is real gdp per capıta statıonary for Bangladesh? empırıcal evıdence from structural break
(Natl Acad Management, 2012) Ahmed, Haydory Akbar; Uddin, Gazi Salah; Öztürk, İlhan
In this paper we examine the stationarity property with structural break for real GDP per capita of Bangladesh from 1971 to 2009. The structural break of 1990 representing political regime change in Bangladesh is found to be significant. The unit root test results, both ADF and Phillips-Perron, indicate that real GDP per capita is trend stationary process. This implies that the long-run path for per capita income is not influenced by temporary fluctuations.