Abstract
This study is to find the relationship between government expenditure and government tax revenue in Sri Lanka, using time series data from 1990-2017. Public expenditure was used as the dependent variable in the model while tax revenue, inflation, public debt, and population were the independent variables considered. Stationarity of the time series was tested employing Augmented Dickey–Fuller (ADF) unit root. Johansen’s maximum likelihood estimation of the parameters of a co-integrating equation was employed to examine long-run relationship between the variables. In addition, Granger causality test was performed to identify the causal relationship between public expenditure and selected independent variables. The results confirmed the existence of long-run relationship between the public expenditure and tax revenue. The presence of a unidirectional causality between government expenditure and tax revenue was reveled through the results. The study outcomes suggest the necessity of constructive policy decisions pertaining to government revenue and expenditure in view of promoting the Sri Lankan economy.
Highlights
This study is to find the relationship between government expenditure and government tax revenue in Sri Lanka, using time series data from 1990-2017
NghJthf mur nghJr; nrythdJ tpidj;jpwdhf nraw;gLj;jg;gLtjd; %ykhf xU ehlhdJ nghUshjhu uPjpapy; tsu;r;rp epiyia Nehf;fp efu;tilAk;. me;jtifapy; kf;fsJ eyd; fUjp Nkw;nfhs;sg;gLfpd;w mur nghJr; nrythdJ cw;gj;jp eltbf;iffspd; kPJ KjyPL nra;ag;gLk; NghNj me;ehlhdJ tsu;r;rpg; ghijapy; nry;Yk;. ehl;by; ghJfhg;gpw;F Nkw;nfhs;Sk; nrytPLfisf; Fiwg;gjd; %yk; me;epjpapid ehl;bd; mgptpUj;jpr; nraw;ghLfspy; Kjyplyhk;. mJkl;Lkpd;wp ehl;by; nghJr; nrytpid tpidj;jpwd; kpf;f tifapy; Kd;ndLj;Jr; nry;tjw;fhd tUkhdk; jUk; topKiwfis tpUj;jp nra;a Ntz;Lk.; ,t;tha;T njhlu;ghd tiuaiwfis eptu;j;jp nra;tjd; %ykhf vjpu;fhyj;jpy; ,t;tplak; njhlh;ghd Ma;Tfis Nkw;nfhs;s KbAk;. mjhtJ ,t;tha;thdJ mur tup tUkhdk;> gztPf;fk;> mur nghJgLfld;> rdj;njhif Mfpa khwpfis khj;jpuk; ftdj;jpy; nfhs;fpwJ. vdNt nkhj;j cs;ehl;L cw;gj;jp> Ntiyapd;ik> murpay; fhuzpfs;> jpwe;j tu;j;jfk;> ghJfhg;Gr; nryT Nghd;wd ftdj;jpy; nfhs;sg;gltpy;iy. ,k;khwpfSk; mur nghJr; nrytpidj; jPu;khdpg;gjpy; Kf;fpa gq;F tfpg;gNjhL mur nghJr; nryNthL njhlu;GiladthfTk; fhzg;gLfpd;wJ. vdNt ,jid Ma;T ,ilntspahff; nfhz;L vjpu;fhy Ma;Tfs; Nkw;nfhs;sg;glyhk;. mj;NjhL mur nghJr; nrytpd; kPJ mur tup my;yhj tUkhdKk; jhf;fk; nrYj;Jtjdhy; mur tupay;yhj tUkhdj;ijAk; xU fhuzpahff; nfhz;L nghUspaysitg; gFg;gha;Tfs; Nkw;nfhs;tjd; %yk; vjpu;fhy Ma;tpid rpwg;Gw Nkw;nfhs;sKbAk;
Summary
This study is to find the relationship between government expenditure and government tax revenue in Sri Lanka, using time series data from 1990-2017. The results confirmed the existence of long-run relationship between the public expenditure and tax revenue. 20 Mk; Ehw;whz;bd; Kw;gFjpapy; [hd; Nkdhu;l; nfapd;]; vd;gtu; nghUshjhuj;jpy; tUkhd msitAk; mjd; gukg; iyAk; jPu;khdpg;gjpy; mur nghJr; nrytPdq;fspd; gq;fhdJ kpf Kf;fpakhdJ vd;fpd;whu; (guNk];tud;> 2010). Yq;ifahdJ mgptpUj;jpaile;J tUfpd;w ehlhff; fhzg;gLtJld; jw;fhyj;jpy; mur nghJr; nrythdJ kpfTk; jPtpukhf mjpfupj;Jf; nfhz;L nry;fpd;w Nghf;if fhl;Lfpd;wJ (tiuglk; 1). VdpDk; 2009,w;F gpw;gl;l fhyj;jpy; Aj;jk; epiwT ngw;Wk; mur nrythdJ mjpfhpj;Nj fhzg;gLfpd;wJ. 1977k; Mz;L ,yq;ifg; nghUshjhuk; jhuhskakhf;fg;gl;lijj; njhlu;e;J tu;j;jf mbg;gilapyhd ,wf;Fkjp mjpfupg;G> ,aw;if mdu;j;jk;> Aj;jk; Nghd;wtw;wpd; fhuzkhf mur tup tUkhdKk; mur nryTk; Kd;ida Mz;LfNshL xg;gpLkplj;J njhlu;e;J mjpfupj;Jf; nfhz;Nl nry;fpd;wJ. 2014k; Mz;bw;F gpd;du; ,t; mur nrytpd; mjpfupg;ghdJ 2009k; Mz;NlhL xg;gpLk; NghJ tuyhW fhzhj mstpw;F cau; epiyapy; fhzg;gLfpd;wJ. Ff; huzpfSf;fpilapyhd FWq;fhy kw;Wk; ePz;lfhyj; njhlu;Gfisf; fz;lwptJld;> ,ff; huzpfSf;fpilapyhd fhuzfhupaj; njhlu;gpidAk; fz;lwptNj ,tt; hat; pd; Nehf;fkhFk;
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
