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The Ready Made Garments (RMG) sector emerged as an important economic sector of Bangladesh from early 1980s. The importance of RMG sector for the national economy of Bangladesh can hardly be overemphasized. The industry has contributed to export earnings, foreign exchange earnings, employment creation, poverty alleviation and the empowerment of women. In the recent past incidence of physical violence, gherao, demonstrations, rallies, work stoppages/strike, termination of workers, lay-off, lock-out, etc. in the readymade garment sector of Bangladesh have noticeably increased. In...

Economic structural change refers to a long-term shift in the fundamental structure of an economy, which is often linked to growth and economic development. Structural change is a common problem in time series data and it is observed that after a certain period of time, parameters change their structure or behavior. This can lead to huge forecasting errors and unreliability of the model. Structural break has used mainly to tackle misleading forecasting. In our study structural change of parameters of Cobb-Douglas production function has been examined for the agricultural sector of Bangladesh....