Nexus among Infant Mortality Rate, Literacy Rate and Carbon Emission Rate compared with GDP: an Empirical Analysis in Bangladesh

Infant Mortality Rate, CO2Emission and Literacy Rate have great influence in the economic development of Bangladesh. In this paper, the relationship among per capita GDP, Infant Mortality Rate, Literacy Rate and CO2Emission for Bangladesh using Co-integration, Augmented Dicky Fuller's (ADF) and Vector Error Correction Model (VECM) with data set of 1979-2018 is explored. The results indicate that there is a long-term relationship and short-term relationship among the variables. Infant Mortality, CO2Emission, and Literacy Rate directly have an impact on GDP. Infant Mortality Rate and CO2Emission have a Negative Impact on GDP. In contrast, Literacy Rate has a Positive Impact on GDP. The outcome has considerable substantial implications on the degree of sentiment of economic development, social condition, pollution, and awareness.