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A Model of Inflation for Sri Lanka

Arusha Cooray

Review of Applied Economics, 2008, vol. 4, issue 1-2

Abstract: 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.

Keywords: Sri Lanka; Inflation; price; nested - non nested models; cointegration; error correction; Farm Management; E31; E64; C51; C52 (search for similar items in EconPapers)
Date: 2008
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