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首页> 外文期刊>International Journal of Economic Policy Studies >International trade, human capital and economic growth in Sri Lanka
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International trade, human capital and economic growth in Sri Lanka

机译:国际贸易,人力资本和经济生长在斯里兰卡

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摘要

Trade-growth dynamics is a much-discussed issue but still relevant due to its policy implications. Contemporary research in this direction is augmented by assessing the role of human capital, trade openness, exchange rate, in addition to export and import impacting growth in countries concerned. This paper addresses such an issue in the context of a small open emerging economy Sri Lanka. The dynamics of income with export, import, exchange rate, trade openness, and human capital of Sri Lanka are explored for an extended period 1965-2017, and also for the post-reform period 1978-2017. Significant long-run associations of income with these variables for both samples are found. Both the export and import causes a rise in income since 1965, and more prominently in the post-reform period. The exchange rate and trade openness have negatively impacted income. The human capital measures also have some significant impact; however such impacts are not appreciable across the human capital measures and the sample periods. The prominent role of trade accelerating income particularly in the post-reform era signifies a leading role of the external sector of the economy. A trade-driven growth policy may be effective for Sri Lanka.
机译:贸易增长动力学是一个备受关注的问题但是由于其相关政策的影响。方向是增强通过评估的作用人力资本、贸易开放,汇率除了进出口影响增长有关国家。问题的背景下,一个小的新兴开放斯里兰卡经济。导出、导入、汇率、贸易开放,斯里兰卡和人力资本了一段1965 - 2017,和也后改革时期1978 - 2017。长期联系的收入变量的样本。导出和导入导致收入增加1965年,在改革开放后更加突出时期。负面影响收入。措施也有一些重大的影响;然而这种影响并不显著人力资本措施和示例期。收入尤其是改革开放后的时代——对外部门的主导作用的经济。斯里兰卡是有效的。

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