Please use this identifier to cite or link to this item: http://ir.lib.seu.ac.lk/handle/123456789/1903
Title: Exports, imports, and economic growth in Sri Lanka: evidence from causality and co- integration analysis
Authors: Riyath, M.I.M.
Jahfer, A.
Keywords: Economic growth
Export
Import
Granger causality
VECM
Issue Date: 1-Nov-2016
Publisher: Faculty of Management and Commerce- (SEUSL).
Citation: 5th Annual International Research Conference- 2016, on “Value addition evidence based innovation from management sciences to society" pp 66- 73.
Abstract: This study aims to find long run causal relationship between the export and import on economic growth in Sri Lanka over the period from 1962 to 2015 using annual data. Johansen co-integration technique and vector error correction model (VECM) are used to investigate the relationships. The empirical results do not confirm a bidirectional causality between any of the variables considered but there is a unidirectional causality between export and economic growth in the short run. Further, it finds that there is a long-run equilibrium relationship between export and economic growth. Major implication of our findings is that export is matter for the economic growth of Sri Lanka than import.
URI: http://ir.lib.seu.ac.lk/handle/123456789/1903
Appears in Collections:5th Annual International Research Conference - 2016

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