Browsing by Author "Sakib Bin Amin"

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    IMPACT OF ENERGY USE ON WOMEN EMPOWERMENT IN BANGLADESH: AN EMPIRICAL ANALYSIS
    (North South University, 2022-12) Anta Atalantial; Sakib Bin Amin; Helal Ahammad
    Bangladesh achieved significant progress in the energy sector from 2009 to 2019, and it has helped the country to improve the socio-economic conditions of women. However, to the best of our knowledge, there are no empirical time-series studies that explicitly address the relationship between electrification and women's empowerment. For an emerging country like Bangladesh, where women's work is often undervalued and society seems to be biased towards men, the demonstrated relationship between electrification and women's empowerment may have unveiled the immense impact that this might have had on the society. Hence, this paper investigates and quantifies the impact of electrification on women's empowerment, taking the general view that increasing electrification in Bangladesh results in empowering women in a community. Augmented Dickey-Fuller (ADF), Dickey-Fuller- GLS (DF-CLS), Johansen Cointegration methods have been used in this paper to explore this relationship. Moreover, the Granger-causality-test, Vector-Error-Correction Model (VECM) tests have also been applied to quantify this relationship. Our results support the view that energy use has a potential impact on the female laborforce in Bangladesh's both in the long and short run. Moreover, it also has a statistically significant effect on the female literacy rate in the long run. The Dynamic OLS (DOLS) results show that a 1-unit increase in energy consumption can lead to a 0.20 percent increase in female labor force participation in the long run other things remain unchanged. So, access to adequate electricity can provide the opportunity for employment creation to the poor female. To do so, the Bangladesh government should pay more attention to the development of off-grid electrification to better the socio-economic conditions of the unprivileged rural women in Bangladesh.
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    THE CAUSAL RELATIONSHIP BETWEEN OIL PRICE AND INFLATION IN BANGLADESH: AN EMPIRICAL ANALYSIS
    (North South University, 2022-12) Sakib Bin Amin; Maimaz Afiabi Atiqtee; Farheen Rishia Butte Benazirs; Helal Ahammad
    Bangladesh is one of the fastest growing developing economies in the South Asian region with very little fossil fuel endowment. As a result, the country typically relies on imported energy sources. Existing media reports point out an increase in global energy prices in recent years. An increase in global oil price simultaneously increases the rate of inflation in the oil importing countries as well. Hence, the aim of this paper is to empirically analyze the short-run and long- run causal relationship between oil price in the international market and domestic inflation in Bangladesh. Using annual data ranging from 1980 to 2021, the paper conducts a Johansen's cointegration test to identify the variables' cointegrating relationship. Moreover, Granger Causality and VECM causality tests confirm a unidirectional causality runs from oil price in the international market to domestic inflation in Bangladesh. both in the short run and in the long run.