Effects of industrial protection and exchange rate policies on a traditional export crop sector: a study of the Sri Lankan rubber industry 1950-80


Citation

Jayasuriya S.K., . and Barlow C., . Effects of industrial protection and exchange rate policies on a traditional export crop sector: a study of the Sri Lankan rubber industry 1950-80. pp. 145-154. ISSN 0127-7065

Abstract

The relative contraction of the Sri Lankan rubber industry was attributable not only to the well known effects of export taxes but also to other government policies emanating from a development strategy of industrialisation through import substitution. The effects of protection for industry and the (related) appreciation of the real exchange rate exerted reverse pressures on the export crops such as rubber and had undesirable efficiency and equity implications. It was demonstrated that nominal devaluations may not have the expected results of stimulating investments in export industries with long gestation periods


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Abstract

The relative contraction of the Sri Lankan rubber industry was attributable not only to the well known effects of export taxes but also to other government policies emanating from a development strategy of industrialisation through import substitution. The effects of protection for industry and the (related) appreciation of the real exchange rate exerted reverse pressures on the export crops such as rubber and had undesirable efficiency and equity implications. It was demonstrated that nominal devaluations may not have the expected results of stimulating investments in export industries with long gestation periods

Additional Metadata

[error in script]
Item Type: Article
Additional Information: 5 tables; 2 graphs; Summary (En)
AGROVOC Term: SRI LANKA
AGROVOC Term: HEVEA BRASILIENSIS
AGROVOC Term: CAUCHO
AGROVOC Term: INDUSTRIA DEL CAUCHO/ PLANTAS DE VALOR ECONOMICO
AGROVOC Term: EXPORTACIONES
AGROVOC Term: IMPORTACIONES
AGROVOC Term: IMPUESTOS
AGROVOC Term: POLITICA DE COMERCIO EXTERIOR
AGROVOC Term: INVERSIONES
Depositing User: Ms. Norfaezah Khomsan
Last Modified: 24 Apr 2025 05:54
URI: http://webagris.upm.edu.my/id/eprint/18840

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