The relationship among Export, Import and Economic Growth in Sri Lanka: Co-integration analysis
Journal Title: Advance Research Journal of Multidisciplinary Discoveries - Year 2017, Vol 18, Issue 10
Abstract
T his study aimed to find out the co - integration vectors or the long run relationship among the variables of export, import and Economic growth (GDP) on Sri Lankan context. The annual time series data used in this study were collected from the Annual Report of Central Bank of Sri Lanka during the period from 1950 to 2015. The variables used in this study were Exports, Imports and Economic Growth (GDP) to achieve the objective of this study. The dependent variable in this study was Economic Growth (GDP) and the independ ent variables used in this study were Exports and Imports. The methodology used in this study was quantitative using the secondary data source. The data used in this study were analyzed by using the statistical software E - Views 7 to find out the long run r elationship between the variables through the co - integration analysis. Johansen and Juselius methods were used to find the co - integration relationship. Typically this was found that within the period of 1980 to 2015, in Sri Lankan macroeconomic environment , the gross domestic product, export and import had been encompassed with a long run equilibrium relationship.
Authors and Affiliations
S. Nisthar, AAM. Nufile, V Vaiharathan
Keywords
Related Articles
- EP ID EP236877
- DOI -
- Views 71
- Downloads 0
Correlation between menopausal symptoms and quality of life among postmenopausal women
Background: Menopause is a critical period in a woman’s life that is associated with multiple physical, vasomotor, psychological and sexual complaints. Objective: To assess the severity of menopausal symptoms and their i...
A MEASURING MASS TRIPLE FOR THE NEUTRINO OSCILLATION
In [3] the use of Gleason measures GF for nucleons and deuterons is described. The Fano line 257 (first figure, the seven octonian GF) is a mass measure, a spin like tripel in an octonian space. I suggested this orthogon...
Canadian ginseng (Panax quinquefolius): A pharmacological review
Panax quinquefolius has been used for centuries by native Amerindians and in Traditional Chinese medicine, due to its several beneficial and healing properties. In traditional medicine, it is considered to be complementa...
Observation of somatic and neurological pathology in low birth weight infants with Asphyxia on the first year of life.
Reducing the number of perinatal mortality rates and improving the health condition of a prematurely born baby during catamnesis are the most important issues that modern neonatology faces. Therefore, in the recent years...
Groundwater Flow Mechanism at a proposed mining site in South-western Sierra Leone
Dry mining of titanium group minerals have been introduced in Sierra Leone aimed at replacing dredging, which has been characterized by serious environmental challenges. Considering the importance of keeping the ore dry...