Abstract
The cross-section and time-series studies on the growth pattern of developed countries (DCs) and less developed countries (LDCs) tend to suggest that the share of the primary sector in COP declines and that of the secondary and tertiary sectors increases with an increase in the real per capita income. This paper examines these hypotheses using lime series data from the Bangladesh economy during the period 1959-60 to 1979-80. It is found that the share of the primary sector in GOP declined and that of the secondary and tertiary sectors increased. but such shifts away from the primary sector were associated with declining real per capita income. Thus the growth pattern of Bangladesh is found to differ from that of most industrial and Third World countries as well as from Socialist European economics.
