Trade Policy and the Performance of the Manufacturing Sector: Sri Lanka

Ratnayake, Ravindra

doi:10.1111/j.1746-1049.1988.tb00120.x

Cited by 2 publications

(1 citation statement)

References 1 publication

Supporting

Mentioning

Contrasting

Order By: Relevance

“…In addition to this, over the period of study the export sector has realized a declining real price for commodities and continuing pressure from government to increase exports. As well, conflicting government policy has worked to reduce the incentives and ability of firms to respond to external forces [Hewaritharana, 1980;Rajapatirana, 1988;Ratnayake, 1988]. The consequences of these factors is an export sector based on value added to industrial imports with export levels responding primarily to import price change.…”

Section: An Aggregate Gnp Model Of Sri Lankamentioning

confidence: 98%

Trade, taxes and debt repayment in Sri Lanka

Gordon

Rankaduwa

1992

Journal of Development Studies

View full text Add to dashboard Cite

The purpose of this article is to estimate the cost of taxing the export, import or domestic sectors of Sri Lanka for the purpose of reducing the national debt. A simple GNP model is used to estimate the elasticities that characterise the three aggregate sectors and are used to simulate the effects of taxing for debt servicing. The results show that a tax on the import sector generates the largest net savings on trade balance and that the savings from not importing can be substantial. However, for the period 1977-87 a 10.0 per cent tax on the import sector caused a decline in the growth of the economy by 3.0 per cent. The burden of the tax falls heavily on the domestic sector in terms of lost production and increased unemployment.

show abstract

Section: An Aggregate Gnp Model Of Sri Lankamentioning

confidence: 98%