Amarasekara, Chandranath; Iyke, Bernard Njindan; … - In: Financial innovation : FIN 8 (2022), pp. 1-19
the evolution of total factor productivity (TFP) in the country. Using historical time series data (1980-2018), we find … that semi-endogenous growth theories best explain the evolution of TFP in Sri Lanka. This evidence suggests that R&D is … critical to the country's TFP expansion. We find that, through R&D, EPU has a crucial detrimental impact on TFP growth …