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Fiscal policy on economic growth endogenous models from Sri Lanka

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dc.contributor.authorPaudel, Ramesh
dc.contributor.authorVerma, Reetu
dc.date.accessioned2020-12-20T20:50:52Z
dc.date.available2020-12-20T20:50:52Z
dc.date.issued2016
dc.date.updated2020-11-15T07:21:48Z
dc.description.abstractThis paper aims to examine the role of fiscal policy on economic growth applying the endogenous growth models for Sri Lanka from 1960 to 2007. The empirical results suggest that indirect tax along with private and government investment have strong positive association with economic growth, consistent with the empirical growth literature. On the other hand, non-tax revenues and budget deficit contribute negatively to growth in Sri Lanka. The main policy inference from the study is that the Sri Lankan policy makers need to direct her fiscal policy towards increasing investment and indirect taxes, and to reduce the reliance on non-tax revenues.
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.issn0973-3167
dc.identifier.urihttp://hdl.handle.net/1885/217591
dc.language.isoen_AUen_AU
dc.publisherSCMS Cochin School of Business, India
dc.sourceSCMS Journal of Indian Management
dc.titleFiscal policy on economic growth endogenous models from Sri Lanka
dc.typeJournal article
local.bibliographicCitation.issue2
local.bibliographicCitation.lastpage16
local.bibliographicCitation.startpage5
local.contributor.affiliationPaudel, Ramesh, College of Asia and the Pacific, ANU
local.contributor.affiliationVerma, Reetu, University of Wollongong
local.contributor.authoruidPaudel, Ramesh, u4472609
local.description.notesImported from ARIES
local.identifier.absfor140202 - Economic Development and Growth
local.identifier.ariespublicationu4002919xPUB654
local.identifier.citationvolumeXIII
local.type.statusPublished Version

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