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dc.contributor.authorLiyanaarachchi, Tilak S
dc.contributor.authorNaranpanawa, Athula
dc.contributor.authorBandara, Jayatilleke S
dc.date.accessioned2018-09-20T07:24:03Z
dc.date.available2018-09-20T07:24:03Z
dc.date.issued2016
dc.identifier.issn0264-9993
dc.identifier.doi10.1016/j.econmod.2016.07.008
dc.identifier.urihttp://hdl.handle.net/10072/100418
dc.description.abstractThis paper revisits the long standing controversy of trade and poverty linkage using a macro-micro modelling approach based on general equilibrium and microsimulation analytical frameworks. Sri Lanka, the first country in South Asia which undertook trade reforms more than three decades ago, is taken as a case in point in this study. The paper analyses the effects of trade liberalisation on income distribution and poverty in the urban, rural and estate sectors in Sri Lanka using the first ever microsimulation model built for the country in combination with a multi-household computable general equilibrium (CGE) model. The results reveal that without any fiscal policy adjustments a 100% tariff cut would lead to an increase in economic growth and a reduction in poverty incidence both in the short run as well as in the long run. However, when the tariff cut combined with the fiscal policy adjustments to maintain the budget neutrality, poverty outcomes showed mixed results. In contrast, results show that trade liberalisation increases the income inequality in Sri Lanka.
dc.description.peerreviewedYes
dc.languageEnglish
dc.publisherElsevier
dc.relation.ispartofpagefrom102
dc.relation.ispartofpageto115
dc.relation.ispartofjournalEconomic Modelling
dc.relation.ispartofvolume59
dc.subject.fieldofresearchApplied Economics not elsewhere classified
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchEconometrics
dc.subject.fieldofresearchBanking, Finance and Investment
dc.subject.fieldofresearchcode140299
dc.subject.fieldofresearchcode1402
dc.subject.fieldofresearchcode1403
dc.subject.fieldofresearchcode1502
dc.titleImpact of trade liberalisation on labour market and poverty in Sri Lanka. An integrated macro-micro modelling approach
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.hasfulltextNo Full Text
gro.griffith.authorBandaralage, Jayatilleke
gro.griffith.authorNaranpanawa, Athula
gro.griffith.authorLiyanaarachchi, Tilak S.


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