Citation
Barlow C., . and Jayasuriya S. K., . 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 is 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 severe pressures on the export crops such as rubber and had undesirable efficiency and equity implications. It is 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 is 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 severe pressures on the export crops such as rubber and had undesirable efficiency and equity implications. It is demonstrated that nominal devaluations may not have the expected results of-stimulating investments in export industries with long gestation periods.
Additional Metadata
| Item Type: | Article |
|---|---|
| AGROVOC Term: | Rubber industry |
| AGROVOC Term: | Exchange rate |
| AGROVOC Term: | Export policies |
| AGROVOC Term: | Taxes |
| AGROVOC Term: | government control |
| AGROVOC Term: | Trade policies |
| AGROVOC Term: | Nationalization |
| AGROVOC Term: | Import substitution |
| AGROVOC Term: | Economic implications |
| Depositing User: | Ms. Suzila Mohamad Kasim |
| Last Modified: | 24 Apr 2025 06:28 |
| URI: | http://webagris.upm.edu.my/id/eprint/23607 |
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