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Impact analysis of GDP related variables on economic growth of Sri Lanka

Author

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  • Samarasinghe, Tharanga

Abstract

The objective of this study is to analyze the impacts of GDP related variables in economic growth of Sri Lanka. Although there are many important variables affects to the GDP growth, this study focuses only on Foreign Direct Investment (FDI), external debt stock, domestic saving rate, net export and final consumption expenditure. Except domestic saving rate, all other variables are measured by using the constant US$ value in 2005. The domestic saving rate was measured as a % of GDP. Auto Regressive Distributed Lag (ARDL) is proposed as the estimation method and the data set which was taken from World Bank will be analyzed using the EViews 8. I.

Suggested Citation

  • Samarasinghe, Tharanga, 2022. "Impact analysis of GDP related variables on economic growth of Sri Lanka," MPRA Paper 113149, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:113149
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    References listed on IDEAS

    as
    1. Balamurali, N. & Bogahawatte, C., 2004. "Foreign Direct Investment and Economic Growth in Sri Lanka," Sri Lankan Journal of Agricultural Economics, Sri Lanka Agricultural Economics Association (SAEA), vol. 6, pages 1-15.
    2. Piotr Misztal, 2011. "The Relationship Between Savings And Economic Growth In Countries With Different Level Of Economic Development," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 7(2), pages 17-29, August.
    3. Mohammad Mafizur Rahman & Muhammad Shahbaz, 2013. "Do Imports and Foreign Capital Inflows Lead Economic Growth? Cointegration and Causality Analysis in Pakistan," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 14(1), pages 59-81, March.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • D00 - Microeconomics - - General - - - General
    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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