PROCEEDINGS

11th SEPTEMBER 2014, PERADENIYA ECONOMICS RESEARCH SYMPOSIUM - PERS 2015

01

Cover Page

02

Contents

03

Editorial Committee

04

Message from the Vice Chancellor, University of Peradeniya

05

Message from the Deputy Vice Chancellor, University of Peradeniya

05

Message from the Dean, Faculty of Arts

06

Message from the Head, Department of Economics and Statistics

07

Message from the Coordinator, PERS – 2015

08

Organizing Committee

09

Panel of Reviewers

10

Keynote Address

W.A Wijewardena, Former Deputy Governor, Central Bank of Sri Lanka and Adjunct Faculty, Asian Institute of Technology, Thailand

11

Is Low Responsiveness of Income Tax Functions to Sectoral Outputan Answer to Sri Lanka’s Declining Tax Revenue Ratio?

P.Y.N. Madhushani and Ananda Jayawickrema

12

Unemployment, Official Economy and the Dimensions of the Shadow Economy: an Empirical Analysis for Sri Lanka using SEM Approach

D.I.J. Samaranayake and O.G. Dayaratna-Banda

13

Currency Depreciation and J Curve Analysis:A Case Study Based on Sri Lanka

Hasitha Lakmal and Prasanna Perera

14

Households Demand for Food Commodities: Evidence from Kurunegala Divisional Secretarial Division, Sri Lanka

U.W.B.M. Kumari and John Nigel

15

What Next with NIFA? Evidence of Currency Divergence in South Asia

D.I.J. Samaranayake

16

Economic Consequences of Drug Abuse in Sri Lanka

Sheron Hewawaduge and Samanmala Dorabawila

17

Potentials for Foreign Exchange Earnings in Sri Lankan Tourism Industry: Considering Leakage and Linkage Effect

P.W. Tennekoon and E.P.M. Rajaratne

18

Prevalence of Intra Industry Trade: Analysis of Firm Level Total Factor Productivity in Pakistan’s Manufacturing Sector

Haq Shujaat Ali and Akbar Arisha

19

Impact of Supermarkets on Small Traders and Neighborhood Stores in Karachi, Pakistan

Neha Nadeem Akhtar and Shahan Shahid

20

Undernourishment in Developing Nations in Asia: Investigating the Macroeconomic Links

A. H. M. Musfir, U. K. Jayasinghe-Mudalige, J. C. Edirisinghe, H. M. L. K. Herath, J. M. M. Udugama and L. D. M. N. Lokuge

21

A Policy beyond Formalities: Fuelling Privet Sector Investment in Bhutanese Economy

Kinga Choden and D.I.J. Samaranayake

22

Impact Assessment of School Infrastructure Quality Index on School Enrollment: A Study Quantifying Gender Differentials in Punjab, Pakistan

F. Tanveer and M. U. Bajwa

23

The Edges of Capitalism: Where Shipbreakers Meet Gully-Gold Miners On the Remnants of Capitalist Mode of Production and the Vicious Conditioning of Alienated Labour: With Special Reference to Bangladesh and Sri Lanka

Kalpa Rajapaksha and Israt Jahan

24

A Study on the Nature of the Customers Who Used IT Driven Banking Services of Commercial Banks

B.G.C.M. Abeyrathna

25

Corporate Social Responsibility Practices among Small and Medium Enterprises in Sri Lanka

W. M. H. Piumali and R. M. C. Kumari

26

‘Flying High Beneath the Wings of Red Dragon’ Cats-paw States and Rising Chinese Hegemony in South Asia

D.I.J. Samaranayake and Kalpa Rajapaksha

27

The Present of Past Slaves: The Socio Economic Situation of Sri Lankan Kaffir People

C. Kopinath and H.M.D.R. Herath

28

Sustainability of Community Based Microfinance Programmes in Livelihood Development for War Affected Areas in Sri Lanka – Experience from the Reawakening Project (RAP)

Darshani Chandrasekara and Niluaka Senarathne

29

The Structures of Desire and Dispossession: Class-nature of Neo-urban Structuralism in Post War Sri Lanka (A revisit to David Harvey’s conceptualization on capitalist city)

Kalpa Rajapaksha

30

Modeling Inter-temporal Impacts of Judicial Autonomy and Security Risks upon Defense Spending: A Case for Pakistan

Syed Toqueer Akhter, Zeenat Rehman Lak

31

An Empirical Analysis of Households Electricity Demand in Ampara District in Sri Lanka

A. L. Mohamed Aslam, John Nigel and S. M. Ahamed Lebbe

32

The Causal Relationship between Government Revenue and Expenditure in the Determination of Budget Deficit in Sri Lanka

T. Inthuja and J. G. Sri Ranjith

33

Dynamic Causal Relationship between Government Expenditure and Government Revenue in Sri Lanka

Navoda Edirisinghe and Selliah Sivarajasingham

34

Female Workers in Garment Industry in Bangladesh: Does Economic Independence Transform into ‘Empowerment’?

Ferdausi Mahojabin Sumana

35

Causal Relationship between International Trade and Tourism: Empirical Evidence from Sri Lanka

D. P. D. D. Chandrasiri and D.I.J. Samaranayake

35

Measuring the Impact of Per Capita Income and Average Years of Schooling on Income Inequality: A Panel Data Analysis

T.M.A.C. Siriwardana and J.G. Sri Ranjith

36

An Empirical Analysis of Industrial Exports and Exchange Rates in Sri Lanka

E.M.G.P. Ekenayake and Anuruddha Kankanamge

37

ශ්‍රී ලංකාවේ කුඩා පරිමාණ කර්මාන්තවල මෑත කාලින වර්ධනය හා ඒ මඟින් ග්‍රාමීය රැකියා වියුක්තියට සිදුවූ බලපෑම (නිවිත්ගල ප්‍රාදේශීය ලේඛම් කොට්ඨාශය ඇසුරින් කරන අධ්‍යයනයක්)

ඕ ජී දයාරත්න බංඩා සහ කේ වී ඒ ටී බී ජයවර්ධන

38

කටුගස්තොට-මහයියාව මාර්ග සංවර්ධන ව්‍යාපෘතිය තුලින් අවම වන මාර්ග තදබදය වෙනුවෙන් මහජනතාවගේ ගෙවීමට ඇති කැමැත්ත

කේ එච් එස් වීරසිංහ සහ කේ එම් ආර් කරුණාරත්න

39

පශ්චාත් නිර්බධිකරණ ශ්‍රී ලංකාවේ ආර්ථික වර්ධනය සහ ආදායම් විෂමතාවය පිලිබඳ සංක්ෂිප්ත අධ්‍යනයක්

යු ඩබ් බී එම් කුමාරි සහ ජේ ජී ශ්‍රී රංජිත්

40

සංවිධාන කාර්යසාධනය කෙරෙහි රැකියා තෘප්තියෙහි බලපෑම

මනෂා තරංගනී සහ ආරියරත්න හේරත්

41

ශ්‍රී ලංකාවට ආනයනය කරනු ලබන ගලන්ගුරුවල මිල තීරණයවීම කෙරෙහි බලප සාධක

සම්මානි තිලකරත්න සහ අනුරුද්ධ කංකානම්ගේ

42

புராதன கிரேக்க பொருளியல் எண்ணக்கருக்களும் அடம்ஸ்மித்தின் நவீன பொருளியற் சிந்தனைகளின் வளர்ச்சியும் - ஓர் ஒப்பீட்டாய்வு

பொ. பூலோகநாதன்

43

இலங்கையின் பொருளாதார வளர்ச்சிக்கும் வீதிப்போக்குவரத்தின் அபிவிருத்திக்கும் இடையிலான காரண காரிய தொடர்பு

எஸ். விஜேசந்திரன், த. இந்துஜா மற்றும் ஏ .எல் .எம் .அம்ஜத்