Journal of Social Statistics

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Start date: 2015Subject: search.filters.subject.Economy of Sri Lanka

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    Study on the factors affecting private investments in Sri Lanka
    (Department of Economics, Faculty of Social Sciences, University of Kelaniya, Sri Lanka, 2016) Kodithuwakku, D.S.; Jayawardana, Y.W.; Jayawardhana, M.N.; Muhandiramge, K.M.R.R.; Dulani, K.P.K.
    Today it’s widely accepted that private sector is a key engine of economic growth in any country across the globe. As a part of private sector, private investments also plays a greater role particularly within developing countries who are very much in need of capital resources as well as skilled labor, new technology and innovation in achieving faster growth. Sri Lanka still being a developing country is no exception to this. Therefore, considering the role of private investments in Sri Lanka, this study aims to identify the factors affecting private investments within Sri Lankan economy. The study was based on secondary data covering the period from 1975 to 2015. Findings derived from regression model and correlation coefficients of the study have revealed that real GDP growth, real exchange rate, inflation rate, budget deficit, foreign trade, foreign direct investment and liberalization factor are positively associated with private investments. It has further been identified that out of all the independent variables, foreign direct investment is the most affecting factor to private investments in Sri Lanka whereas the liberalization factor is the least affecting factor. The relationship between liberalization factor and private investments denotes the less importance of export and import industry in determining private investments in Sri Lanka. Therefore, in conclusion, this study emphasizes that foreign direct investment, real exchange rate and foreign trade play significant roles as factors in determining private investments.
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    Impact of Apparel Industry on the Economy of Sri Lanka
    (Department of Economics, University of Kelaniya, 2015) Embuldeniya, A.
    Impact of Apparel Industry on the Economy of Sri Lanka, as the research topic indicated the dependent variable of this study was the Economy of Sri Lanka that is measured with Gross Domestic Product while the independent variable was Apparel Industry that is measured with export performances. The general objective of this study is to identify the significance of the apparel industry and its impact to the economy of Sri Lanka. This research has used secondary data to gather information where Internet & websites, journal articles and books were main sources of information and percentages, frequencies, tables and charts were used to present data while using statistical packages as SPSS and Microsoft Excel were used to analyze data. Sri Lankan Apparels are at a stage where they can export quality products continuously to the export market. Sri Lanka's garment industry is highly concentrated in large scale factories. That concentration had save a large part of export earnings while providing job opportunities. Sri Lankan apparels are exported to the large number of countries all over the world including European Union and United States of America. The facts regarding apparel industry conclude there is a more impact of apparel industry than other industries to the total export earnings of the country over the past five years. The research has identified a positive relationship between Apparel Industry and Economy of Sri Lanka. Therefore the research has found that the Apparel industry is able to make an impact on economy of Sri Lanka.