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Determinants of Capital Inflows: Evidence from Sri Lanka
2016
Staff Studies
This paper investigates the causes of capital flows into Sri Lanka in the form of push and pull factors, using the Fully Modified Ordinary Least Square (FMOLS) approach and the Vector Error Correction Model (VECM) for the period from 2001Q1 to 2015Q2. The study consists of four specifications that employ total capital inflows as a dependent variable and disaggregate the total capital inflows to main three categories. Based on empirical estimates, this study observes that capital flows get
doi:10.4038/ss.v44i1-2.4692
fatcat:6ca25kbl5fc7lew7bxayvtauoq