11th Students' Research Symposium 2022
Permanent URI for this collectionhttp://repository.kln.ac.lk/handle/123456789/26042
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Item Impact of Monetary Policy on Balance of Payment in South Asian Countries(Faculty of Commerce and Management Studies, University of Kelaniya Sri Lanka, 2022) Sandarenu, M.M.I.K.; Dissanayake, D.M.U.H.Purpose: This study was investigated the impact of monetary policy on balance of payment (BOP) in south Asian countries in addition investigate the balance of payment relationship with post and pre COVID-19 period. Design/Methodology/Approach: In this study, the researcher used a quantitative approach. Data were gathered from 21 countries of south Asian countries from 2000 to 2021. Afghanistan, Bhutan, Nepal, India, Pakistan, Bangladesh, Maldives and Sri Lanka selected as sample. Descriptive statistics, Correlation analysis and panel data regression have been employed to identify the relationship between the predictor variables and dependent variable. Balance of payment (BOP) was used as dependent variable and Gross domestic product (GDP), official exchange rate (OER), Real interest rate (RIR), inflation (I) and net trade balance (NTB) were used as independent variables. Findings: According to the overall panel regression model, GDP, OER, RIR, I, and NTB were recorded a significant negative relationship with BOP in south Asian countries. Furthermore, gross Domestic product, Official exchange rate and net trade balance were recorded significant positive relationship with BOP, but inflation and real interest rate was recorded a significant negative relationship with BOP in south Asian countries. Covid-19 was recorded insignificant positive relationship with BOP. Likewise, OER and NTB were recorded a significant relationship with COVID-19 in south Asian countries. And GDP, RIR and Inflation was shown an insignificant relationship with Covid-19. Furthermore, this study was investigated similarities and differences of Balance of payment implemented by pre covid-19 and post covid-19 periods in south Asian countries. Originality: No prior study has been conducted to measure the impact of monetary policy on Balance of Payment in South Asian Countries during and pre COVID 19 period.Item Impact of Exchange Rate Volatility on Sri Lankan Exports: Evidence from Before and During COVID-19(Faculty of Commerce and Management Studies, University of Kelaniya Sri Lanka, 2022) Priyadarshani, Y.M.A.; Dissanayake, D.M.U.H.Purpose: The main objective of the study was to examine the impact of exchange rate volatility on Sri Lankan exports before and during COVID 19. Design/Methodology/Approach: In this study, the researcher used a quantitative approach. The secondary data were collected from 2010 to 2021 monthly. ARDL approach was used to Analyse the data. Exchange volatility is considered as the independent variable while Exports are used as the dependent variable of the study. Further, COVID 19 was used as the dummy variable. Findings: Based on the ARDL model it shows a negative and positive relationship between Sri Lankan Export and Real effective exchange rate in short and long run periods respectively. Results show evidence of volatility of REERV clustering on import trading activities in Sri Lanka. Originality: No prior study has been conducted to examine the impact of exchange rate volatility on Sri Lankan exports before and during COVID 19.Item The Impact of Macroeconomic Factors on Economic Growth: Evidence from Asian Frontier Financial Markets(Faculty of Commerce and Management Studies, University of Kelaniya Sri Lanka, 2022) Madhuwanthi, M.A.W.; Dissanayake, D.M.U.H.Purpose: The main objective of the study was to examine the impact of macroeconomic variables on economic growth in Asian Frontier financial markets. Design/Methodology/Approach: In this study, the researcher used a quantitative approach. The secondary data were collected for the study. The four Asian Frontier financial markets are known as the population of the study. The sample of the study is same as the population. The independent variables of the study are, foreign direct investment (FDI), Government debt (GD), the labor force (LB), inflation rate (IR), and exchange rate (ER) and the dependent variable is Economic growth (GDP). ARDL Approach was used as the data analytical technique. Findings: This study examines the relationship between economic growth and macroeconomic variables in Asian frontier financial markets. Using long-run and short-run analysis, the results reveal both positive and negative significant and insignificant relationships between these variables. Originality: No published prior study has been conducted to evaluate the impact of macroeconomic factors on economic growth in Asian Frontier financial markets.Item Impact of Inflation on Economic Growth: Evidence from South Asian Countries(Faculty of Commerce and Management Studies, University of Kelaniya Sri Lanka, 2022) Jayasundara, J.M.U.U.; Dissanayake, D.M.U.H.Purpose: The main objectives of this research are to investigate the impact of inflation rate on economic growth, the relationship between inflation rates on economic growth and covid 19 effects on economic growth in South Asia. Design/Methodology/Approach: In this study, the researchers used a quantitative approach. The target population of this study are the eight South Asian countries, and the research sample is same as the population. The sample period is 20 years from 2002 and 2021. Further, this study concentrated on secondary data. Data were analyzed using descriptive analysis, correlation analysis, ARDL approach. Findings: Based on the ARDL analysis, it can be concluded that there is a significant negative impact of inflation on economic growth before COVID 19. However, it was identified that there is a positive but insignificant impact of inflation on economic growth during COVID 19. Originality: No prior published study has been conducted to examine the impact of inflation on economic growth on South Asian countries during and before COVID 19Item The Impact of Dividend on Share Price Volatility Before and During Covid -19 Evidence from Listed Non-Financial Companies in Sri Lanka(Faculty of Commerce and Management Studies, University of Kelaniya Sri Lanka, 2022) Ekanayake, P.L.C.; Dissanayake, D.M.U.H.Purpose: The main objective of the study was to examine impact of dividend on share price volatility of listed non-financial companies in Sri Lanka is the goal of this study before and during COVID 19. Design/Methodology/Approach: In this study, the researcher used a quantitative approach. The secondary data were collected from 2016 to 2021. 40 listed non-financial companies were selected as the sample of the study using stratified random sampling. The dividend payments are considered as the independent variable whereas share price volatility is used as the dependent variable of the study. Further, COVID 19 is used as the dummy variable of the study. Findings: Based on the regression analysis result, it can be concluded that there is a significant impact of dividend on the share price volatility during and before COVID 19. This study provides support for the dividend relevant theory in that regard. Originality: Research on the dividend payment and share price volatility are not rare. However, no published prior study has been conducted to examine the impact of dividend on share price volatility before and during COVID 19 which is a novel contribution to the existing research.