Estimation of Cointegrating Relationship Between Agricultural Wage and Rice Price in Bangladesh
Rahman, Masud Ibn
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In this study, attempts have been made to present an empirical investigation on the agricultural wage and rice price in Bangladesh from 1973 to 2005 on various aspects of stationary and cointegrating regressions. Analysis followed by Dickey Fuller tests indicated that both the variables are integrated of order (0) and cointegrated. So the ordinary least square will give best results and there exits a long run relationship between these variables.