This paper analyses the technical efficiency (TE) of Sri Lanka's manufacturing sector in the Post-Liberalisation (post-1977) period. It applies a recently developed stochastic frontier-efficiency modelling technique to estimate technical efficiency/inefficiency of manufacturing industries using...

The paper analyses the evolution of monetary policy design in Australia over the period 1973Q3-1998Q3, highlighting the influence of macroeconomic paradigms on monetary policy design. The conventional wisdom models inflation targeting by minimizing a quadratic loss function subject to the Lucas...

The paper presents an empirical analysis of six different episodes, where exports acted as an engine of growth with varying degrees of locomotion in post-independent(1948) Sri Lanka. Sri Lanka inherited a robust export oriented plantation economy when it achieved political independence. However,...

The conflict between economic development and growth and environmental quality at a regional level has been analyzed using input-output techniques. The trade-offs between macro-economic goals such as output expansion, income growth, employment creation on the one hand, and pollution abatement on...

The paper investigates the effects of trade liberalization on the technical efficiency of the Bangladesh manufacturing sector by estimating a combined stochastic frontier-inefficiency model using panel data for the period 1978–94 for 25 three-digit level industries. The results show that the...

The paper presents a comparative analysis of the information economy as a function of the stage of development. Modified input-output techniques are used to compare the information economy of the developed and developing countries using multipliers, linkages and leakage effects. The empirical...

This paper reviews several methods such as linear programming, location quotients, gravity models, fixed coefficients to analyze interegional trade flows. In this study multi-regional trade flows and multipliers are estimated using the Leontief input-output model. The empirical results from...

The current debate on the eco-crisis and limits to growth poses challenges to the Young Nations of the Pacific that are enmeshed in a Nurksian vicious circle of poverty. The advanced countries are adopting new pollution abating technology to avoid the predicted eco-doom. However, the Number One...

This paper reviews the history and economics that underlie the shift en masse of developing countries from import substitution industrialization (ISI) to the pursuit of export oriented industrialization strategies (EOI) leading to stellar growth performances. The central message of EOI...