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South Asia Economic Journal
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Research Articles

Analysis of the Growth of Manufacturing Industries in Bangladesh

Sumonkanti Das

Md. Azizul Baten

Address for correspondence: Md. Azizul Baten, Associate Professor, Department of Statistics, Shah Jalal University of Science & Technology, Sylhet-3114, Bangladesh. Email: baten{at}sust.edu; baten_math{at}yahoo.com

Md. Masud Rana

Sumonkanti Das and Md. Masud Rana are with the Department of Statistics, Shah Jalal University of Science & Technology, Sylhet-3114, Bangladesh.

Md. Abdul Kheleque

Md. Abdul Kheleque is at the Department of Statistics and Computer, Dhaka Commerce College, Mirpur, Dhaka, Bangladesh.

In this article, industrial growth of some manufacturing industries in Bangladesh has been studied using Census of Manufacturing Industries (CMI) Data from the years 1981–82 to 1999–2000. Higher increasing growth in value added for some industries in the post-liberalization period (1991–92 to 1999–2000) while for the most important industries, satisfactory growth level in the pre-liberalization period (1981–82 to 1990–91) has been experienced. Highest growth in fixed capital and improved concentration level in employment have been examined. Comparatively, capital goods industries showed highest significant annual growth rate (13.95 per cent). All manufacturing industries registered positive and negative employment elasticities with respect to value added and fixed capital whereas only positive output elasticities with respect to fixed capital and employment for the same.

Key Words: JEL: 03 • JEL: 04 • JEL: R3 • Growth • Shares • Concentration • Elasticities

South Asia Economic Journal, Vol. 9, No. 1, 85-108 (2008)
DOI: 10.1177/139156140700900104
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