ICBI 2016
Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/15346
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Item The Role of Sri Lanka Diaspora Organizations in Australia in Promoting Economic Interests of the Home Country(Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2016) Abeywickrama, S.B.Trade between developing and developed countries has often benefitted from migrant associations. Emigrants have often formed diaspora organizations in their new countries of residence. This has often propelled effective and sustained bi-commercial mechanisms. In establishing such organizations, migrants have drawn recognition as remittance senders to their homelands as investors and movers of business capital. Common values in achieving business prosperity would have been prime movers for these organizations. Sri Lanka based organizations in Australia have also originated, it seems aiming at economic sustenance and commercial growth between the countries. However, these organizations operate, and their underlying policies have not been adequately investigated nor documented. This might be a maiden study in this regard and aims to better Sri Lanka – Australia relations.Item Effect of Government Debt on Gross Domestic Product: Evidence from Sri Lanka(Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2016) Silva, N.L.C.; Silva, N.K.L.; Perera, P.R.M.R.This paper investigates the relationship between government debt and gross domestic product (GDP) of Sri Lanka. Objective of this study is to find out the relationship between these two variables and the impact of government debt on economic growth. Data was collected from the annual reports of Central Bank of Sri Lanka, which has proven to be normally distributed. Correlation and Linear Regression model were used to ascertain the mentioned relationships. Data sample represents the annual time series data for a period of 15 years starting from 2000 to 2014. The results of the study is consistent with the Keynes view which proves that there is a positive impact of government debt on Gross Domestic Product.Item Relationship between Stock Market Performance & Economic Growth: Empirical Evidence from Sri Lanka(Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka, 2016) Silva, N.K.L.; Perera, P.R.M.R.; Silva, N.L.C.In general, economic growth is an important factor which helps a country to become strong and prosper than the other nations in the world. Thus the attempt of this study is to identify the relationship between stock market performance and economic growth of Sri Lanka and to analyze how stock market performance affects the economic growth of Sri Lanka. Quarterly data is collected from Central Bank of Sri Lanka, Department of Census and Statistics of Sri Lanka, and Colombo Stock Exchange for a period of sixteen years from year 2000 to 2015 to follow the analysis where All Share Price Index representing the Stock Market Performance is the independent variable while Real Gross Domestic Product representing the Economic Growth is the dependent variable. Data set is proven to be normally distributed. Econometric technique of simple regression model and correlation analysis was used to analyze the data using SPSS software in order to identify and further explain the relationship between stock market performance and economic growth of Sri Lanka. Findings of the study is parallel with the previous literature that discloses a strong positive relationship between stock market performance and economic growth of Sri Lanka. This study extends the literature, providing valued information to economists in developing countries and to the academia.