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Impact of Inflation on Economic Growth in Sri Lanka

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dc.contributor.author Vijayanathan, V.S.
dc.date.accessioned 2019-01-11T07:09:06Z
dc.date.available 2019-01-11T07:09:06Z
dc.date.issued 2018
dc.identifier.citation Vijayanathan, V.S. (2018). Impact of Inflation on Economic Growth in Sri Lanka.4th International Conference on Social Sciences 2018, Research Centre for Social Sciences, Faculty of Social Sciences, University of Kelaniya, Sri Lanka. p50 en_US
dc.identifier.uri http://repository.kln.ac.lk/handle/123456789/19473
dc.description.abstract It is broadly assumed that modest and stable inflation rate stimulates economic growth of a country. Modest inflation encourages savers, enhances investments and therefore speed ups economic growth of the country. The aim of this study is to examine the impact of inflation on economic growth in Sri Lanka for the period from 1988 to 2017 using the framework of Johansen co-integration test and error correction model. The result shows that there is a long run negative and significant relationship between economy and inflation in Sri Lanka. These results supports with the model of utility function in consumption and real money balance as exposed by fischer (1979), De Gregorio (1930), Bruno and Easterly (1998) and disagree with the findings of Sidrauski’s (1967) super neutrality of money in the long run. The results are more likely to support the utility functions in real money balances and consumption en_US
dc.language.iso en en_US
dc.publisher 4th International Conference on Social Sciences 2018, Research Centre for Social Sciences, Faculty of Social Sciences, University of Kelaniya, Sri Lanka en_US
dc.subject inflation en_US
dc.subject economic growth en_US
dc.subject co-integration en_US
dc.subject error correctiveness en_US
dc.subject Sri lanka en_US
dc.title Impact of Inflation on Economic Growth in Sri Lanka en_US
dc.type Article en_US


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