undersized sample;
dynamic and static simulations;
impact analysis;
D O I:
10.1016/0264-9993(95)00024-0
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
A forecasting model of the Sri Lankan economy is developed and estimated. Both the within and post-sample tracking performances of the model are evaluated. The estimated structure is used to simulate the effects of selected exogenous shocks. The experimental results reveal that devaluation and terms of trade deterioration have contrasting implications for current account and budget deficit; and that world income growth and world inflation have opposite impacts on economic growth.