http://dr.lib.sjp.ac.lk/handle/123456789/5279 2026-01-07T03:55:01Z http://dr.lib.sjp.ac.lk/handle/123456789/10989 FISCAL POLICY AND THE ECONOMIC GROWTH: A COMPARISON BETWEEN SRI LANKA AND INDIA Guruge, M.; Koswatta, A.; Silva, S. During the past decades, both India and Sri Lanka faced different public policy circumstances, a relatively short period of time, which resulted in a significant impact on the economic growth of both countries. This paper comparatively reviews the theoretical and empirical evidence on the effect of fiscal policy variables and government expenditure programs which focused on economic growth in India and Sri Lanka. The Estimated results confirm that in the long run using the Engel Granger Cointegration Test Total Government Spending will improve the GDP by 1% in Sri Lanka while Indian economy will improve by 59%. The total tax revenue will increase the GDP by 51% in Sri Lanka while in India, it will be 57%. In the short run there is no significant impact of fiscal policy variables on economic growth in Sri Lanka but Indian economy grows with the expansionary fiscal policy which was tested by the Error Correction Mechanism. According to obtained results, the Impulse Response Function strives when an external shock affects the total government spending level and the Sri Lankan economy does not adequately respond to such instances but Indian economy is strong enough to handle the external shocks which affect the country’s spending level. 2019-01-01T00:00:00Z http://dr.lib.sjp.ac.lk/handle/123456789/10983 ROLE OF MICROFINANCE IN EMPOWERING POOR RURAL HOUSEHOLDS: A CASE STUDY IN BERENDINA1 IN SRI LANKA Perera, M. A. M. I.; Wijekoon, W. M. S. M. 2019-01-01T00:00:00Z http://dr.lib.sjp.ac.lk/handle/123456789/10982 CUSTOMER ATTITUDE AND INTENTION TOWARDS INTERNET BANKING: A CASE OF LICENSED COMMERCIAL BANKS IN COLOMBO DISTRICT, SRI LANKA Priyangika, R. D.; Perera, M. S. S.; Rajapakshe, D. P. The banking industry in Sri Lanka has been rapidly developing and internet banking has become one of the most important and modern applications that is used as an efficient and viable tool to create customer value. The study investigates customer attitude and intension towards using Internet banking of six Licensed Commercial Banks (LCBs) in the Colombo district in Sri Lanka by employing quantitative research approach. A survey was undertaken by administering a selfstructured questionnaire which was circulated to 20 customers from each bank, totaling to 120 respondents through a convenient sampling technique. The literature suggests that, there are four major factors that determine the attitude towards internet banking, namely, (i) perceived ease of use, (ii) perceived usefulness, (iii) perceived risk and (iv) subjective norms. The survey results show a strong positive influence from perceived ease of use and perceived usefulness factors on attitude towards Internet banking, and this reveals that customers search for easiness and usefulness when using Internet banking. In contrast, perceived risk and subjective norms have become unimportant factors in determining attitude towards Internet banking. The study also tests the association between attitude and intention to use Internet banking. The findings suggest that an insignificant negative relationship between customer attitude and intention. This revealed that the majority of the customers depend on traditional channels to carry out their banking operations despite positive attitude towards Internet banking. 2019-01-01T00:00:00Z http://dr.lib.sjp.ac.lk/handle/123456789/10980 THE DETERMINANTS OF REGIONAL DEVELOPMENT DISPARITIES IN SRI LANKA: AN EMPIRICAL INVESTIGATION INTO THE REGIONAL DEVELOPMENT POLICY AND ISSUES Sri Ranjith, J. G.; Thilanka, H. R. A. C. Being one of the highest countries to have recorded inequality in the case of regional development in South Asian region, Sri Lanka confronts detrimental impacts on its future development due to lack of attention of respective authorities on the issue of regional disparity. Although the Provincial Council system in Sri Lanka was initiated to provide greater autonomy to local governments to take necessary measures to increase the local share of the resources and thereby mitigate the regional disparities, the issue still remained unaddressed. Therefore, addressing this issue is timely in order to improve the efficiency of socio-economic performance and political stability. With this background, this study mainly aims to investigate the dynamics and main determinants of generating regional development disparities in Sri Lanka. The methodology of this study is mainly based on the panel data analysis following fixed effect and cross-sectional effect estimation for the period of 2010-2015. The empirical results of the study show that there is a greater income concentration on Western Province whereas the other regions perform relatively poor. According to our estimation results, the development potentials of other regions depends on provincial-wise capital and recurrent expenditure, investment in education sector for increasing provincial-wise per capita GDP. Hence, these results indicate that corrective measures for addressing regional disparities is basically based on education, capital and recurrent expenditures, but not further expansion of expenditures on administrative functions. 2019-01-01T00:00:00Z