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The Impact of Public Expenditure on Economic Growth in Sri Lanka

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dc.contributor.author Wimalasiri, N.P.G.U.S.
dc.contributor.author Madurapperuma, M.W.
dc.date.accessioned 2017-02-20T06:26:44Z
dc.date.available 2017-02-20T06:26:44Z
dc.date.issued 2016
dc.identifier.citation Wimalasiri, N.P.G.U.S. and Madurapperuma, M.W. 2016. The Impact of Public Expenditure on Economic Growth in Sri Lanka. In Proceedings of the Undergraduates Research Conference - 2016, 11th January 2017, Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka. en_US
dc.identifier.issn 2550- 2611
dc.identifier.uri http://repository.kln.ac.lk/handle/123456789/16484
dc.description.abstract The relationship between public expenditure has been one of the most searched issues in both developing and developed countries in the recent years. Public expenditure and policies related to public expenditure are important for a country and its macroeconomic stability. Hence, the objective of this study is to investigate the relationship between public expenditure and economic growth of Sri Lanka for the time period spanning from the year 1985 to 2015. A model developed by Ram (1986), as summarized by (Kweka & Morrissey, 1997) is used for the analysis. Total government expenditure is disaggregated in to three categories for the research purpose of this study as; government investment expenditure, government consumption expenditure and government human capital investment expenditure. Private investment was also added as an independent variable based on the econometric model employed for the study. All three categories of expenditure; government investment expenditure and government human capital expenditure were found to be insignificant in the regression, whereas private investment showed a positive and government consumption expenditure showed a negative significant relationship with regard to economic growth in Sri Lanka. en_US
dc.language.iso en en_US
dc.publisher Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka en_US
dc.subject Economic growth en_US
dc.subject Public expenditure en_US
dc.subject Government investment en_US
dc.subject Consumption en_US
dc.subject Human capital en_US
dc.subject Private investment en_US
dc.title The Impact of Public Expenditure on Economic Growth in Sri Lanka en_US
dc.type Article en_US


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