Milhana U.L.

Evaluating the Effects of Public Debt on Sri Lanka’s Economic Growth: A Short-term and Long-term Perspective

Milhana U.L. & Jayawickrama J.M.A. · Asian Journal of Economics, Business and Accounting · 2024

Aims: The objective of this paper is to examine whether public debt enhances economic growth in Sri Lanka by separating debt into domestic and external debt. Study Design:  The paper adopts the Keynesian demand-side model to estimate GDP on demand-side and supply-side factors suc...