| Description |
1 online resource (25 pages) : illustrations |
| Series |
IMF working paper, 2227-8885 ; WP/07/225 |
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IMF working paper ; WP/07/225.
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| Contents |
I. Introduction; II. Stylized Facts and Dynamics of Growth; Figures; 1. GDP Per Capita; Tables; 1. Human Development Index; 2. Governance Indicators, 1996-2006; 2. Regional Contributions to Growth, 2007; 3. External Demand; III. The Growth Accounting Framework; IV. Decomposition of Sources of Growth for Sri Lanka; 3. Average Annual Contributions to Growth; 4. Growth Under Three Scenarios; V. Potential Output and the Output Gap; VI. Policy Issues and Conclusion; 4.1. Regional Comparisons of Expenditure Components; 4.2. Regional Comparisons of Production Components |
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5. Capital Stock and Capacity Utilization Rates6. Employment, Labor, and Population; 7. TFP and Real GDP Growth; 8. TFP Growth with Different Depreciation Rates of Capital Stock; 9. The Output Gap and Inflation; Appendix; 1. Some Aplications of the Production Function Approach in South and East Asian Economies; 2. Estimating Potential Output; References |
| Summary |
This paper uses the growth accounting framework to assess Sri Lanka's sources of growth. It finds that while labor was the dominant factor contributing to growth in the 1980s, labor's contribution declined over time and was overtaken, to a large extent, by total factor productivity (TFP) and, to a lower extent, by physical and human capital accumulation. A higher growth path over the medium term will depend on securing a stable political and macroeconomic environment; implementing structural reforms necessary to improve productivity and efficiency of investment; attaining fiscal consolidation; and creating space for the private sector |
| Bibliography |
Includes bibliographical references (pages 24-25) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Labor -- Sri Lanka -- Econometric models
|
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Economic history
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Economic policy -- Econometric models
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| SUBJECT |
Sri Lanka -- Economic conditions -- Econometric models
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Sri Lanka -- Economic policy -- Econometric models
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| Subject |
Sri Lanka
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| Form |
Electronic book
|
| Author |
International Monetary Fund. Asia and Pacific Department, issuing body.
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| ISBN |
1283517469 |
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9781283517461 |
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1451912420 |
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9781451912425 |
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1462319491 |
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9781462319497 |
|
1452756163 |
|
9781452756165 |
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9786613829917 |
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6613829919 |
|
