Please use this identifier to cite or link to this item: http://repo.lib.jfn.ac.lk/ujrr/handle/123456789/5728
Full metadata record
DC FieldValueLanguage
dc.contributor.authorNisthar, S.-
dc.contributor.authorVijayakumar, S.-
dc.contributor.authorNufile, A.A.M.-
dc.date.accessioned2022-08-01T05:30:15Z-
dc.date.available2022-08-01T05:30:15Z-
dc.date.issued2022-
dc.identifier.urihttp://repo.lib.jfn.ac.lk/ujrr/handle/123456789/5728-
dc.description.abstractPurpose: Inflow of external finance into Sri Lanka in terms of Foreign Direct Investment is instrumental to overcome socio-economic issues detrimental to achieve economic growth. Objective of this study is to find nexus between Economic Growth and FDI in Sri Lanka by employing time series data from 1978 to 2020. Methodology: The econometric techniques used in this study are listed as Kernel Fit, Confidence, Ellipse, Co integration, and Error Correction Mechanism – ECM. The dependent variable in the econometric model defined is Gross Domestic Production - GDP which is the proxy for Economic Growth in Sri Lanka. The independent variables are defined as Foreign Direct Investment – FDI and Economic Freedom Index – EFI. Findings: There is a direct relationship or upward trend between Gross Domestic Production and Foreign Direct Investment. One percent increase in FDI – Foreign Direct Investment leads to increase GDP – Gross Domestic Production by 1.39 percent. An increase of one percent in EFI – Economic Freedom Index lowers down GDP – Gross Domestic Production by 7.99 percent in long run. Implications: Foreign Direct Investment and integration with the world market are the endogenous determinates which stimulate the economic growth of the county. As per the findings of this study, a positive relationship between Economic Growth and Foreign Direct Investment as propounded by Endogenous Growth Model exists.en_US
dc.language.isoenen_US
dc.publisherUniversity of Jaffnaen_US
dc.subjectCo integrationen_US
dc.subjectEconomic growthen_US
dc.subjectError correctionen_US
dc.subjectMechanismen_US
dc.subjectExternal financeen_US
dc.subjectForeign direct investmenten_US
dc.titleComposition of external finance of sri lanka: evidence from foreign direct investmenten_US
dc.typeArticleen_US
Appears in Collections:2022

Files in This Item:
File Description SizeFormat 
Composition of external finance of sri lanka evidence from foreign direct investment.pdf78.45 kBAdobe PDFThumbnail
View/Open


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.