Journal article | Zeitschriftenartikel

Impact of fiscal deficit on inflation in Sri Lanka: an econometric time series analysis

There is a relationship between the fiscal deficit and inflation, which was confirmed empirically in several studies conducted in many countries. Sri Lanka has been encountering the problem of inflation for the recent years. But in Sri Lanka, this proposition has not yet been studied scientifically. Therefore, this study was going to fill this gap. The objective of this study was to test the impact of fiscal deficit on inflation in Sri Lanka. For this study, the annual time series data were used during the period of 1959 to 2013. The fiscal deficit, exchange rate, government expenditures and import outflow were used as independent variables while the Colombo consumer price index was considered as dependent variable. In addition, the multiple regressions model was used to test the impact of fiscal deficit on inflation. Based on the regression results, the fiscal deficit preserved the positive relationship with inflation in Sri Lanka at one percent significant level. Therefore, this study confirmed that the fiscal deficit accelerates the inflation in Sri Lanka.

Impact of fiscal deficit on inflation in Sri Lanka: an econometric time series analysis

Urheber*in: Ahamed Lebbe, S.M.; Mohamed Aslam, A. L.

Namensnennung 4.0 International

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ISSN
2300-2697
Umfang
Seite(n): 8-13
Sprache
Englisch
Anmerkungen
Status: Veröffentlichungsversion; begutachtet (peer reviewed)

Erschienen in
International Letters of Social and Humanistic Sciences(70)

Thema
Wirtschaft
Öffentliche Finanzen und Finanzwissenschaft
Wirtschaftspolitik
Sri Lanka
Regression
Ausgaben
Auswirkung
Haushaltspolitik
Staat
Zeitreihe
Defizit
Inflation
Einnahmen
Analyse

Ereignis
Geistige Schöpfung
(wer)
Ahamed Lebbe, S.M.
Mohamed Aslam, A. L.
Ereignis
Veröffentlichung
(wo)
Schweiz
(wann)
2016

DOI
Rechteinformation
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Letzte Aktualisierung
21.06.2024, 16:27 MESZ

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Objekttyp

  • Zeitschriftenartikel

Beteiligte

  • Ahamed Lebbe, S.M.
  • Mohamed Aslam, A. L.

Entstanden

  • 2016

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