dc.contributor.author | Wimalasena, Rankadu Pattalage. | en_US |
dc.date.accessioned | 2014-10-21T12:36:57Z | |
dc.date.available | 1993 | |
dc.date.issued | 1993 | en_US |
dc.identifier.other | AAINN87506 | en_US |
dc.identifier.uri | http://hdl.handle.net/10222/55370 | |
dc.description | A short-run macroeconometric model of the Sri Lankan economy which has forty-three behavioural equations and seventeen identities is formulated and estimated in this study. In view of the undersized sample problem, ordinary least squares (OLS) is used to estimate behavioural equations in the model. The estimated structure is judged by the usual criteria of goodness of fit, the expected signs and sizes of estimated coefficients, and their statistical significance. | en_US |
dc.description | Since the model is non-linear consisting of nineteen non-linear equations, a modified version of the Newton-Raphson algorithm by Powell is used to solve the model. Both the static and dynamic simulation experiments are conducted in order to assess the within-sample (1962-1987) and post-sample (1988-1990) tracking performance of the model. The tracking performance of the model as measured by the root mean squared percent error (RMSPE), the Theil's U-statistic and the mean absolute percent error (MAPE) is good. | en_US |
dc.description | The results of this study demonstrate that, without testing against empirical data, the appropriateness of primarily demand oriented approaches should not be summarily rejected in modelling the developing countries like Sri Lanka. | en_US |
dc.description | Thesis (Ph.D.)--Dalhousie University (Canada), 1993. | en_US |
dc.language | eng | en_US |
dc.publisher | Dalhousie University | en_US |
dc.publisher | | en_US |
dc.subject | Economics, General. | en_US |
dc.title | A short-run macroeconometric model of Sri Lanka. | en_US |
dc.type | text | en_US |
dc.contributor.degree | Ph.D. | en_US |