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Investigating the impact of macroeconomic factors on gross domestic product of Sri Lankan economy for the period from 1980 to 2017.

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dc.contributor.author Mayazir, N. N.
dc.contributor.author Jahufer, A.
dc.contributor.author Haalisha, A.
dc.date.accessioned 2019-12-17T03:38:02Z
dc.date.available 2019-12-17T03:38:02Z
dc.date.issued 2019-08-07
dc.identifier.isbn 9789556271911
dc.identifier.uri http://ir.lib.seu.ac.lk/handle/123456789/4138
dc.description.abstract Gross Domestic Product (GDP) is usually treated by economists to be the most significant measure of the economy’s present wellbeing. The elements affect GDP is one of the greatest key concerns in that economist's study frame for numerous years. Hence, an effort has been made up to build the experimental connection amongst certain macroeconomic factors to GDP and focus the influences of different factors on GDP. The gathered set of data is yearly from 1980 to 2017. The stationarity belongings were tested by Augmented Dickey-Fuller (ADF) Phillips-Perron (PP) and Kwiatkowski-Phillips-Schmidt-Shin (KPSS) unit root tests. Variables having correlation were recognized with the assistance of statistical implement variance inflation factor. The multiple regression methodology was engaged for fitting the model and the Granger causality test was executed to measure the causal relationship among two variables econometrically. The results of unit root test disclose that the consumption, expenditure, foreign direct investment, and trade balance are stationary at level, while gross domestic product, investment and consumer price index are stationary at first difference. The outcomes of the fitted models endorse that the investment, consumer price index, consumption, and expenditure are meaningfully influencing the GDP of Sri Lanka. Likewise, Granger causality estimate authorizes that the unidirectional causality from GDP to consumption exis. en_US
dc.language.iso en_US en_US
dc.publisher Faculty of Applied Science, South Eastern University of Sri Lanka. en_US
dc.relation.ispartofseries Abstracts of the 8th Annual Science Research Sessions (ASRS) – 2019;30
dc.subject Economy en_US
dc.subject GDP en_US
dc.subject Macroeconomic factors en_US
dc.subject Sri Lanka en_US
dc.title Investigating the impact of macroeconomic factors on gross domestic product of Sri Lankan economy for the period from 1980 to 2017. en_US
dc.type Article en_US


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