Trade–emigration Nexus: evidence from Bangladesh

Bangladesh as a labour-surplus emerging small open economy emphasises export promotion and greater emigration to accelerate economic development and to improve import capacity by benefiting from remittances. The empirical results show both long-run and short-run positive and significant dynamic influences of world real GDP and emigration on exports. The same inferences are drawn for imports being influenced by concomitant remittances of emigration and real GDP of Bangladesh. Bangladesh needs further intensification of export-facilitation services for both commodities and manpower in light of the changing demand-supply forces in overseas commodity and labour markets.emigration; remittances; real GDP; gross domestic product; cointegration; interactive feedback; Bangladesh; trade; connections; surplus labour; emerging economies; open economy; export promotion; economic development; import capacity; exports; imports; supply; demand; facilitation services; manpower; overseas markets; commodities; labour markets; globalisation; global markets.