The Emergence of E-Commerce Sites and Its Contribution towards the Economic Growth of Bangladesh: A Quantitative Study

Abstract

This paper aims examine the impact of e-commerce sites on the economic growth in Bangladesh. It also tries to portray the entire scenario of growing e-commerce site and its pros and cons which relates with the national economy. The internet is new window of opportunity for business minded people. E-commerce is anything that contains web enabled transaction. Not only big enterprises but also small and medium enterprises have adopted e-business platform. The scope of e-commerce sites growth is likely to lead to GDP growth and affect the national economic growth. Fruitfulness is stronger in developing country but if government considers e-commerce growth then it’s not far away when e-commerce site will be one of the most promising factor that increases National GDP. The result of this study shows that there is a strong positive relationship between all the e-commerce site factors (independent variable) and economic growth (dependent variable) in Bangladesh. Also the result of correlation shows that the relationship among all the independent variables is significant as well.

Keywords

• e-commerce
• e-business
• economic growth
• government
• bangladesh