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Faculty of Commerce - Papers (Archive)

Macroeconomics

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A Model Of Inflation For Sri Lanka, Arusha V. Cooray Jan 2008

A Model Of Inflation For Sri Lanka, Arusha V. Cooray

Faculty of Commerce - Papers (Archive)

This paper uses two models: an open economy model and a closed economy model to estimate a price equation for Sri Lanka. The results suggest greater support for the open economy model. Consistent with previous studies for Sri Lanka, supply side factors appear to be important in influencing the general price level in Sri Lanka.


Export Expansion And The Choice Of Export Mode - Is There Evidence Of Switching Over Time?, Ann Hodgkinson Jan 2004

Export Expansion And The Choice Of Export Mode - Is There Evidence Of Switching Over Time?, Ann Hodgkinson

Faculty of Commerce - Papers (Archive)

Stage theory argues that firms expand exports incrementally and, in the process, pass through a series of increasingly more resource intensive export channels. This paper tests this hypothesis for NSW regional exporters in the period 1996/97 to2000/01. Consistent with other studies, we found general support for incremental export expansion, and that firms added more sophisticated export modes as commitment increased. However, they did not discard earlier modes in this process. One major contradiction to stage theory lay with ‘born global’ firms, which move immediately tohigh export ratios. A second more unexpected one lay with long term, intensiveexporters, which persisted in …