Money Supply and Economic Growth in Sri Lanka (An Empirical Re-Examination of the Monetarist Concept)

dc.contributor.author	Aslam, A.L. Mohamed
dc.contributor.author	Lebbe, S.M. Ahamed
dc.contributor.author	Nisthar, S.
dc.date.accessioned	2016-02-10T04:31:02Z
dc.date.available	2016-02-10T04:31:02Z
dc.date.issued	2015
dc.identifier.citation	Faculty of Arts International Research Conference - December, 2015	en_US
dc.identifier.uri	http://archive.cmb.ac.lk:8080/xmlui/handle/70130/4286
dc.description.abstract	The purpose of this study was to empirically re-examine the causal relationship between money supply and economic growth in Sri Lanka. The time series data used in this study were collected from the sample period from 1959 to 2013. An Augmented Dickey Fuller (ADF) test was used for verifying the unit (stationary) root of the time series variables such as money supply and economic growth, and then a simple regression model was employed in this study to test the long-term relationship between the variables. Based on the regression result, the coefficient of money supply was positive. Therefore, there is a direct relationship between money supply and the Gross Domestic Product (GDP).	en_US
dc.language.iso	en	en_US
dc.publisher	University of Colombo	en_US
dc.subject	Money supply, Economic growth, Co-integration, Error Correction Mechanism, Augmented Dickey Fuller test	en_US
dc.title	Money Supply and Economic Growth in Sri Lanka (An Empirical Re-Examination of the Monetarist Concept)	en_US
dc.type	Research abstract	en_US