references - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... ·...

12
References REFERENCES Abeyratne. S. 2000. "Policy and Political Issues in Economic Growth of Sri Lanka", in Hettige, S. T. & Mayer, M. (eds.), Sri Lanka at Crossroads, Dilemmas and Prospects after 50 years of Independence, Macmillan India Ltd, pp. 19-49. Agrawal. P. 2000. "Low Savings Rates in South Asia Countries", Report of the South Asia Network of Economic Research Institute, India. Aivazian, V. A. 1998. "Microeconomic Elements and Perspectives from Finance Theory" in Fanalli & Medhora (eds.), Financial Reform in Developing Countries, pp. 328-51. Ando. A & Modigliani, F. 1963. "The Life-cycle Hypothesis of Saving: Aggregate Implications and Tests", American Economic Review, pp. 55- 84. Anna, Huml. 1999. War has changed our hfe, not our spiritl Jesuit Refugee Service, Italy, www.esref.org Arunatilake, N, Jayasuriya, S. & Kelegama. S.2001. "The Economic Cost of the War in Sri Lanka", World Development, 29(9), pp. 1483-00. Athukorala, P. & Sarath, R.1990. "The Domestic Financial Markets and the Trade Liberalization Outcome: The Evidence from Sri Lanka'', World Bank Policy research & External Affairs Working Papers, No: WPS-590, World Bank, Washington. Athukorala, P. & Sen, K. 1995. "Economic Reform and Rate of Saving in India", Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic, B. 1993. "Stocks Markets and Development", European Economics Review, 37(2&3), pp. 632-40. Bacha, Edmar. L. 1990. "A Three-Gap Model of Foreign Transfers and the GDP Growth Rate in developing Countries", Journal of Developmenl Economics, 32, North-Holland. Bagchi, A. 1994 " Macroeconomics", Journal of Development Planning, No.24, pp.19-88. Balakrishnan, P. 1996. "Savings Rate in Indian Economy since 1991 ", Economic and Political Weekly, September 31 (35,36 & 37), Special Issue, pp. 2527- 35. 223

Upload: others

Post on 26-Sep-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

REFERENCES

Abeyratne. S. 2000. "Policy and Political Issues in Economic Growth of Sri Lanka", in Hettige, S. T. & Mayer, M. (eds.), Sri Lanka at Crossroads, Dilemmas and Prospects after 50 years of Independence, Macmillan India Ltd, pp. 19-49.

Agrawal. P. 2000. "Low Savings Rates in South Asia Countries", Report of the South Asia Network of Economic Research Institute, India.

Aivazian, V. A. 1998. "Microeconomic Elements and Perspectives from Finance Theory" in Fanalli & Medhora (eds.), Financial Reform in Developing Countries, pp. 328-51.

Ando. A & Modigliani, F. 1963. "The Life-cycle Hypothesis of Saving: Aggregate Implications and Tests", American Economic Review, pp. 55-84.

Anna, Huml. 1999. War has changed our hfe, not our spiritl Jesuit Refugee Service, Italy, www.esref.org

Arunatilake, N, Jayasuriya, S. & Kelegama. S.2001. "The Economic Cost of the War in Sri Lanka", World Development, 29(9), pp. 1483-00.

Athukorala, P. & Sarath, R.1990. "The Domestic Financial Markets and the Trade Liberalization Outcome: The Evidence from Sri Lanka'', World Bank Policy research & External Affairs Working Papers, No: WPS-590, World Bank, Washington.

Athukorala, P. & Sen, K. 1995. "Economic Reform and Rate of Saving in India", Economic and Political Weekly, September 2, 30(35), pp. 2184-93.

Atje, R. & Jovanovic, B. 1993. "Stocks Markets and Development", European Economics Review, 37(2&3), pp. 632-40.

Bacha, Edmar. L. 1990. "A Three-Gap Model of Foreign Transfers and the GDP Growth Rate in developing Countries", Journal of Developmenl Economics, 32, North-Holland.

Bagchi, A. 1994 " Macroeconomics", Journal of Development Planning, No.24, pp.19-88.

Balakrishnan, P. 1996. "Savings Rate in Indian Economy since 1991 ", Economic and Political Weekly, September 31 (35,36 & 37), Special Issue, pp. 2527-35.

223

Page 2: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Bardhan, P. 1997. "Corruption and Development: A Review of Issues", Journal of Economic Literature, XXXV (3), September, pp. 1320-46.

Barro, R. J. 1974. "Are the government bonds net-wealth?", Journal of Political Economy, 82, pp. 1095-117.

Bosworth, B. 1975. "The Stock market and the Economy", Brookirtg Papers on Economic Activity, 2, pp. 257-300.

Bencivenga, V. R., Smith, B. D. & Ross, M. S. 1996. "Equity Markets, Transactions Costs, and capital Accumulation: An Illustration", The World Bank Economic Review, May, 10(2), pp. 241-65.

Bencivenga, V. R. & Smith, B.D. 1991. "Financial Intermediation and Endogenous Growth", Review of Economic Studies, 58, pp. 195-209.

Boyd, J. H. & Bruce, D. S. 1996. "Co-evolution of the real and Financial Sectors in the Growth Process", The World Bank Economic Review, May, 10(2), pp. 371-96.

Boyd, J. H. & Bruce, D. Smith. 1997. "Capital markets Imperfections, International Credit markets, and Non-convergence", Journal of Economic Thea~, 73,pp. 335-64.

Bwo-Nung Huang. 1995. "Do Asian Stock Market Prices follow Random Walks? .. Evidence from the Variance Test", Applied Financial Economics, 5, pp.

251-56.

Cameron, R. 1967. Banking in the Early Stages of Industrialization, Oxford University Press, New York.

Campos N, Nugent J. 2002, Who is afraid of political instability?, Journal of Development Economics, 67, pp. 157-72.

Carol C. Bertaut. 1998. "Stockholding Behavior of U.S. Householders: Evidence from the 1983-1989 Survey of Consumer Finances", The Review of Economics & Statistics, LXXX (2), May, pp. 263-75.

Central Bank of Sri Lanka, Annual Reports, Various Issues.

Central Bank of Sri Lanka. 1998. Economic Progress of Independent Sri Lanka.

Chandrasehkar. C. P. 1996. "Explaining Post-Reform Industrial Growth", Economic and Political Weekly, September 31 (35,36&3 7), Special Issue, pp. 2537-45.

224

Page 3: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Chandrasekhar, C.P. & Jayati Ghosh. 1999. "Financial Crisis & Elusive Recovery: Lessons from South .Korea and Thailand", Economic and Political Weekly, January, 34(7), pp. 273-86.

Cho, Y. J. 1986. "Inefficiencies from Financial Liberalization in the Absence of Well Functioning Equity Markets", Journal of Money, Credit and Banking, 18 (2), May, pp. 191-99.

Cohen, Daniel. 1993. "Low Investment and Large LDC Debt m the 1980s", American Economic Review, 83 (3), June, pp. 437-47.

Collier P. 1999. On the economic consequences of civil war, Oxford Economic Papers, 51, pp.I68-83.

Deaton, A. 1989. "Savings in Developing Countries: Theory and Review", Proceedings of the World Bank Annual Conference of Development Economics.

Deepak Nayyar. 1997. "Themes in Trade and Industrialization" in Deepak Nayyar (eds.), Trade & Industrialization, Oxford University Press, Delhi.

De 9regorio J. 1993. "Inflation, Taxation, and Long-run growth", Journal of Monetary Economics, 31, pp. 271-98.

De Long, J. B. & Summers L. H .. 1991. "Equipment Investment and Economic Growth", Quarterly Journal of Economics, I 06, May. pp. 445-502 ...

De Long, J B, Summers L. H.l993. "How stro~gly do developing countries benefit from equipment", Journal of Monetary Economics, 32, pp. 395-415.

De Gregorio, & Guidobbi,. E. 1995. "Financial Markets Development and Economic Growth", World Development, March, 23(3), pp. 433-48.

Demirguc-Kunt Asli & Ross Levine. 1996. "Stock Market Development and Financial Intermediaries: Stylized Facts", The rVorld Bank Economic Review, 10(2), pp. 291-321.

Demirguc-Kunt Asli & Ross Levine. 1996. "Stock Markets, Corporate Finance and Economic G :owth: An Overview", The FVorld Bank Economic Review, 1 0(2), pp. 223-39.

Demirgue-Kunt Asli & Maksimovie V. 1996. "Stock Market Development and Financing Choices of Firms", The World Bank Economic Review, May, 10(2), pp. 341-69.

225

Page 4: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Dhar, Biswajit & Roy, Saikat Sinha. 1996. "Foreign Direct Investment & Domestic Saving-Investment Behavior: Developing Counties Experience", Economic and Political Weekly, September, 31 (35,36 & 37), Special Issue, pp. 2527-35.

Diamond. W & Philip. 1983. "Banks runs, Deposit Insurance, and Liquidity", Journal of Political Economy, 91, June, pp. 401-19.

Diamond, Douglas. W. 1984. "Financial Intermediation and Delegated Monitoring", Review of Economic Studies, 11, pp. 393-414.

Easterly, William & Sergoi T. Rebelo. 1993. "Fiscal Policy and Economic Growth: An Empirical Investigation", Journal of Monetary Ecmiomics, 32(3), December, pp. 417-57.

Fedderke J, Klitgaard R. 1998. "Economic Growth and social indicators: an explanatory analysis", Economic Development and Cultural Change, 46, pp.455-90.

Feige & Pearce. 1979. "The Causal Relationship between Money and Income: Some Caveats for Time Series Analysis", Review of Economics & Statistics, 61(4), November, pp. 521-33.

Feng, Y. 2001. "Political Freedom, Political Instability, and Policy Uncertainty: A Study of Political Institutions and Private Investment in Developing Countries", International Studies Quarterly, 45, pp. 271-94.

Fischer, Stanley. 1993. "'The Role of Macroeconomic Factors in Gro\vth", Journal of Monetary Economics, 32(3), December, pp. 485-511.

Fry, Maxwell. T. 1980. "Saving, Investment, Growth and the Cost of Financial repression", World Development, 8, pp. 317-27.

Geoffrey H. Moore. 1975. "Stock Prices and the Business Cycle", Journal of Portfolio Management, Spring, pp. 59-64.

Gersovutz, Mark. 1988. "Saving and Development", Handbook of development Economics, Vol:!, (eds.), H. Chenery and T. N. Sirivasan. Elsevier Science Publishers, pp. 38! -424.

Gertler, Mark. 1988. "Financial Structure and Aggregate Economic Activity: An Overview", Journal of Money, Credit, and Banking, 20(3), August, pp. 559-88.

Ghatak, Subrata. 1995. Monetary Economics in Developing Countries, 2nd Ed., Macmillion Press Ltd, UK.

226

Page 5: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Ghate C, Le Q. Zak P, 2003, "Optimal fiscal policy in an economy facing socio­political instability", Review of Development Economics, 7, pp. 583-98.

Gibson, H. D & E. Tsakalotos, 1994, "The Scope and Limits of Financial Liberalization in Developing Countries: A Critical Survey", Journal of Development Studies, 3 (3), pp. 578-628.

Goldsmith, R. W. 1969. Financial Structure and Development, Yale University Press, London.

Gray Shelley & Frederick Wallace. 1998. "Household Demand for Financial Assets: A Life Cycle Analysis", The Quarterly Review of Economics & Finance, 38(4), pp. 875-97.

Ghate C, Le Q. Zak P. 2003. "Optimal fiscal policy in an economy facing socio­political instability", Review of Development Economics, 7, pp. 583-98.

Greene J. Villamueva D. 1990. "Private Investment in developing countries: an empirical analysis", International monetary fund working paper, IMF, Washington, DC.

Greenwood, J & Jovannovic. B. 1990. "Financial development, Growth and the Distribution of Income", Journal of F_olitical Economy, 98, pp. 1076-107.

Greenwood, J & Bruce D Smith. 1994. "Financial Markets in Development and Development of Financial Markets", Journal of Economics, Dynamics and Control.

Grossman. G. M. & E. Helpman. 1991. "Quality Ladders in the Theory of Growth", Review of Economics & Statistics, 58, pp. 43-61.

Gurley. J. G & E. S. Shaw. 1955. "Financial Aspects of Economic development", The American Economic Review, XLV (1), pp. 515-38.

Hayashi, Fumio. 1982. "Tobin's Marginal q and Average q: Neoclassical Interpretation", Econometrica, 56(1), pp. 213-23.

Herring, R. I. 1987. "Economic Liberalization Policies in Sri Lanka: International Pressures, Constraints and Support". Economic and Political Weekly, 22(8).

Hewavitharane, B. 1975. "Recent Trends in the Management of External and Internal Finance in Sri Lanka", Marga Quarterly Journal, Colombo, 2( 4 ), pp. 1-37.

227

Page 6: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Ikhide, S. I. 1996. "Commercial Bank Offices and the Mobilisation of Private Savings in Selected Sub-Saharan African Countries", Journal of Development Studies, 33(1), October, pp. 117-32.

lmai, K & J Weinstein. 2000. "Measuring Economic Impact of Civil War", CID Working Paper No. 51, http://www.cid.harvard.edu/cidwp/051.pdf

Jacques Bouugha-hagbe. 1992. '"A Theory of Workers' remittances with an Application to Morocco", IMF Working Paper, WP/04/194.

Jacques J Polak. 1984. "Savings and the Use of Savings" in Financial Policies & Development, Development Centre Studies, Organization of Economic Corporation & development, France.

Jan Tin. 1998. "Household Demand for Financial Assets", The Quarterly Review of Economics & Finance, 38(4), pp. 875-97.

Jayamaha Ranee. 1991. 'The Estimation of Black Money in Sri Lanka and Implications fm Fiscal Policy", Report of the Taxation Commission-1990, Sessional Paper No.I of 1991, June, Government of Sri Lanka, pp. 289-93.

Kaleck, M. 1971. Selected Essays in the Dynamics of the Capitalists Economy, Cambridge, Cambridge University Press.

Karunatilake, H. N. S. 1975. "Banking and the National Economy", Staff Studies, Central bankofSri Lanka, September, 5(2), pp. 197-218.

Keith Pilbeam. 1998. Finance and Financial Markets, Macmillan Press Ltd., London.

Keynes, J.M. 1936. The General Theory of Employment, Interest and .Money, Macmillion and Co.Ltd., London.

Korajczyk, Robert A. 1996. "A Measure of Stock Market Integration for Developed and Emerging Markets", The World Bank Economic Review, May, 10(2), pp. 267-89.

Kotlikoff, L. J. 1984. "Taxation and Savings: A new Classical Perspective", Journal of Economic Literature, 22, pp.1576-1629.

Kotlikoff, L. J. I 989. What determines savings?, MIT.

Kulkarni, G. Kishore & Talele, Chaitram. 1999. "Survey of Savings and Investment Behaviour Studies in India", International Journal of Development Banking, 17(1 ), pp. 13-25.

228

Page 7: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Kumar, A. 1·988a. "The Black Economy, Services and Surplus: The Growing Triad", Working Paper No: SSS/1988/3, School of Social Sciences, Jawaharlal Nehru University.

Kumar, A. 1988b. "Budget 1988-89: Dimnishing Returns of Unchanged Fiscal Policy Regime", Economic and Political Weekly, April 2-9.

Kumar, Arun. 1999. The Black Economy in India, Penguin, New Delhi.

Kumar, A. 2005. "India's Black Economy: The Macroeconomic Implications, South Asia", Journal of South Asian Studies 18(2),249-263.

Ky-Hyang Yuhn. 1996. "Stock Price Volatility: Tests for Linear and Non-linear Co integration in the Present Value Model of Stock Prices", Applied Financial Economics, 6, pp. 487-94.

Laitner, John. 2000. "Structural Change and Economic Growth", Review of Economic Studies, 67, pp. 545-61.

Lakshman, W. D. (ed). 1997. Dilemmas of Development: Fifty Years of Economic Change in Sri Lanka, Sri Lanka Association of Economists, Colombo.

La!. 1983. The Poverty of Development Economics, lnstitute of Economic Affairs, London.

Lalith P Samarakoon. 2000. The Securities Market in Sri Lanka, Securities and Exchange Commission of Sri Lanka, Colombo.

Le. 2004. "Political and Economic Determinants of Private Investment", Journal of International Development, 16, pp. 589-604.

Levine. R 1991. "Stock Markets, Growth and Tax Policy", Journal of Finance, XLVI (4), September, pp. 1445-65.

Levine. R 1997. Financial Development & Economic Growth: Views and Agenda", Journal of Economic Literature, 35(June), pp. 688-726.

Levine, R & S. Zervos. 1998 (a). " Capital Control Liberalization and Stock market Development", World Development. 2((7), pp. 1167-83.

Levine. R & S. Zervos. 1998 (b). "Stock Markets, Banks, and Economic Growth", American Economic Review, June, pp. 537-58. ·

Levine, R & S Zervos. 1996. "Stock Market Development and Long-run Growth", The World Bank Economic Review, May, 10(2), pp. 323-39.

229

Page 8: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Le Quan. 2004. "Political and Economic Determinants of Private Investment", Journal of International Development, 16, pp. 589-604.

Lewis, A. W. 1970. Theory of Economic Growth, Harpes and Draw, New York, pp. 224-25.

Lim, D. 1983. "Another Look at Growth and Defense in Less Developed Countries," Economic, Development and Cultural Change, 31, pp. 3 77-84.

Lucas, R. 1988. "On the Mechanics of Economic Development", Journal of Moneta1y Economics, 22, July, pp. 3-42.

Malcolm Knight. 1998. "Development Countries and the Globalization of Financial Markets", World Development, 26(7), pp. 1185-1200.

Mackinnon, R. I. 1973. Monet and Capital in Economic Development, Brooking Institution.

Mankiw, N. Gregory. 1992. Macroeconomics, Worth Publishers, Inc., USA.

Mankiw, N. Gregory, Romer, David & Weil, David. 1992. "A Contribution to the Empirics of Economic Growth", Quarterly Journal of Economics, 107, pp. 407-37.

Mankiw, N.Gregory, Romer. David & M. D. Shapiro. 1991. "Stock Market Forecastability and Volatility: A Statistical Approach", Review of Economic Studies, 58, pp. 455-77.

McDonald Robert and Donald Siegel. 1986. "The value of waiting to invest", Quarterly Journal of Economics, 101, pp. 707-28.

Michael A. Perelman. 1989. Keynes, Investment Theory and Economic Slowdown: The Role of Replacement Investment and q-ratios, The Macmillan Ltd., UK.

Modigliani, Franco. 1986. "Life-cycle, individuai thrift, and the wealth of nations", American Economic Review, 76, pp.297-313.

l'vlohanty, M.S. 1995. "Budget deficits and Private Savings in India: Evidence on Richard ian Equivalence", Reserve bank of India, Occasional Papers, 16 (I), pp. l-26.

Mookerjee, Rajen. 1989. "The Stock Market and the Economy: The Indian Experience 1949-1981 ", The Indian Economic Journal, 36(2), pp. 30-43.

230

Page 9: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Mundell, Robert A. 1965. "Growth, Stability, and Inflationary Finance", Journal of Political Economy, 73 (2), pp. 97-109.

Nagaishi, Makota. 1999. "Stock Market Development and Economic growth: Dubious Relationship", Economic and Political Weekly, July 34(29), pp. 2004-12.

Nagaraj. R. 1996. "India's Capital Market Growth: Trends, Explanations & Evidence", Economic and Political Weekly, 31 (35,36 & 37), Special Issue, pp. 2553-63.

Ndikumana, Leonce. 2000. "Financial Determinants of Domestic Investment in Sub-Saharan Africa: Evidence from Panel Data", World Development, 28(2), pp. 381-400.

0 'Sullivan, M. 2001. "Sri Lanka: Civil Strife, Civil Society, and the State 1983-1995", Chapter 7 in Stewart, Frances and Valpy Fitzgerald, War and Underdevelopment, Volume II, Oxford University Press, Oxford.

Ostfeld, M. 1994 "Risk-taking, Global Diversification, and Growth", American Economic Review, 84(5), December, pp. 1310-29.

Ot;mi, I & D Villanueva. 1988. "Determinants of Long-term Growth Performance in Developing Countries", Working Paper no: 88/97, Washington, DC, IMF.

Panago, M. 1993. "Financial Markets and Growth", European Economic Review, 37(2), pp. 613-22.

Parthapratim, Pal. 1998. "Foreign Portfolio Investment in Indian Equity Markets: Has the Economy benefited?", Economic and Political Weekly, March 14, 33(11), pp. 589-98.

Paster M. and J Sung. 1995. "Private Investment and Democracy in Developing Countries", Journal of Economic Issues, 29, pp. 223-43.

Pastor M, Hilt E. 1993. "Private investment and democracy ion Latin America, World Development, 21, pp. 489-507.

Perera K Lional. 1999. "The Incentives to save and the Effectiveness in Sri Lanka", News Survey, Central Bank of Sri Lanka, May/June, pp. 10-21.

Pethe. A. Karnik. 2000. "Do Indian Stock Markets Matter? Stock Market Indices & Macroeconomic Variables", Economic and Political Weekly, January, pp. 349-356.

231

Page 10: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Pfeffermann G. and A. Madarassy. 1991. "Trends in Private Investment in Developing Countries", Discussion Paper 11, International Finance Corporation: Washington, DC.

Pindyck, Robert. 1991. "Irreversibility Investment, Capacity Choice, and the value of the firm", Journal of Economic Literature, 29(3), pp. Ill 0-48.

Pradumna B. Rana and J. Malcolm Dowling, Jr. 1990. "Foreign Capital and Asian Economic Growth", Asian Economic Review, 8(2), pp. 77-102.

Precious, Mark. 1985. "Demand Constraints, Rational Expectations, and Investment Theory", Oxford Economic Papers, 37, December, pp. 576-605.

Rajan. Raghuram G. & Luigi, Zingales. 1998. "Financial Dependence and Growth", American Economic Review, June, pp. 559-86.

Ramakrishnan, Ram. T. S. & Anjan V. Thakor. 1984. "Information Reliability and a Theory of Financial Intermediation", Review of Economic Studies, 11' pp.415-32.

Ramanayake, R. M. 1998. "Banking & Finance", in Indraratne, A. D. V. de. S. (Eds.), Fifty Years of Sri Lanka's Independence: A Socia Economic Review, Sri Lanka Institute of Social & Economic Studies, Colombo, pp. 243-53.

Raymond F. Mikesell & James F. Zinger. 1973. "The Nature of the Savings , Function in Developing Countries: A Survey of the Theoretical and

Empirical Literature", Journal of Economic Literature, 11(1), pp. 1-26.

Rebelo, Sergoi. 1991. "Long-run Policy Analysis and Long-run Growth", Journal of Political Economy, June, 99(3), pp. 500-521.

Robert Linsink & Howard White. 1998. "Does the Revival of International Private Capital Flows mean the End of Aid?: An Analysis of Developing Countries' Access to Private Capital", World Development, 26(7), pp. 1221-34.

Roe, Alan. R. 1982. "High Interest Rates: A New Conventional Wisdom for Development Policy? Some Conclusions from Sri Lankan Experiences", World Development, 1 0(2), pp. 211-22.

Romer, P. M. 1986. "Increasing Returns & long-run Growth", Journal of Political Economy, 94(5), October, pp. 1002-37.

232

Page 11: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Romer, P. M. 1990. "Endogenous Technological Changes", Journal of Political Economy, 98(5), October, Part 2, pp. S71-S102.

Sadig, A and P. Ranjan. 1995. "Promoting Growth in Sri Lanka: Lessons from East Asia", Policy Research Working Paper, No; 1478, The World Bank, June.

Saint Paul, G. 1992. "Technological Choice, Financial Markets and Economic Development", European Economic review, 36, pp. 763-781.

Saundranayagam, T.2005. "Sri Lanka's National Accounts 1950-2002", Institute of Policy Studies, Colombo.

Schwartz. G. William. 1989. "Why Does Stock Market Volatility Change Over Time?", Journal of Finance, XLIV(5), December, pp. 1115-53.

Scott, Maurice FitzGerald. 1989. A New View of Economic Growth, Clarendon Press, Oxford.

Sengupta, Arjun. 1995. "Financial Sector and Economic Reforms m India", Economic and Political Weekly, January 7, pp. 39-44.

Serven L. and A Solimano. 1993. "Private Investment and Macroeconomic Adjustment: A Survey" in Striving for Growth after Adjustment: The Role of Capital Formation, Serven L and A Solimano (Eds.), International Bank for Reconstruction and Development, Washington, DC.

Shaw, E. S. 1973. Financial Deepening in Economic Development, Oxford University Press, New York.

Shinohara, M. 1981. "Industrial Growth Trade and Dynamic Patterns in the Japanese Economy", in Savings for Development of the International Symposium Resource Mobilization of Personal savings in Developing Countries, United Nations, NY.

Singh, A. 1997. "The Stock Market, Industrial Development and the Financing of Corporate Growth in India", in D. Nayyar (ed.) Trade and Industrialization, Oxford University Press.

Stiglitz. J. E. 1992. "Capital Markets and Economic Fluctuations in Ca: italist Economies", European Economic Review, 36, pp. 269-306.

Stiglitz. J. & A. Weiss. 1981. "Credit rationing in Markets with Imperfect Information", American Economic Review, 71.

233

Page 12: REFERENCES - shodhganga.inflibnet.ac.inshodhganga.inflibnet.ac.in/bitstream/10603/14394/... · Economic and Political Weekly, September 2, 30(35), pp. 2184-93. Atje, R. & Jovanovic,

References

Sunanda Sen. 1999. "Economic Turmoil in Asia: A Reinterpretation", Economic and.Political Weekly, July 34(30), pp. 2071-80.

Sylvia Maxfield. 1998. "Understanding the Political Implications of Financial Internationalization in Emerging market Countries", World Development, 26(7), pp. 1201-19.

Taylor, L. 1983. Structuralist Macroeconomics, Basic Books, New York.

Wang, J. Y. & Magnus, Blossom. 1992. "Foreign Investment and Technology Transfer", European Economic Review, 36, pp. 137-55.

William, R. Cline. 1982. "Can East Asian Model of Development Be Generalized?", World Development, 1 0(2), pp. 81-90.

Wijesinghe. 1989. "International Capital Movements: the Case of Sri Lanka", Staff Studies, Central Bank of Sri Lanka, 19(1&2), pp. 95-127.

234