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This paper uses the growth accounting framework to assess Sri Lanka''s sources of growth. It finds that while labor was the dominant factor contributing to growth in the 1980s, labor''s contribution declined over time and was overtaken, to a large extent, by total factor productivity (TFP) and,...
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Over the past decade, Cambodia has become Asia’s most dollarized economy. In contrast, dollarization in neighboring Lao P.D.R., Mongolia, and Vietnam has been either declining or broadly stable. Somewhat paradoxically, growing dollarization in Cambodia has occurred against the backdrop of...
Persistent link: https://www.econbiz.de/10014402361
This paper investigates pass-through of external shocks (exchange rate, oil price, and import price shocks) to inflation in Sri Lanka. The analysis is based on a vector autoregression (VAR) model that incorporates a distribution chain of pricing. The paper finds low and incomplete pass-through...
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