Browsing by Author "Deshapriya, N.P.R."

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    Analysis of Contribution of Total Factor Productivity in Apparel Sector with Special Reference to Sri Lanka
    (Uva Wellassa University of Srilanka, 2011) Vidanapathirana, M.P.; Deshapriya, N.P.R.
    Note: See the PDF Version Productivity is useful as a relative measure of actual output of production compared to the actual input of resources, measured across time or against common entities. The econometric terminology for the productivity can be identified as Total Factor Productivity (TFP). TFP is the output growth which is not explained by the input variables (capital (K) and labor (L)). Being the single largest employer in the manufacturing sector, the apparel industry provides a momentous contribution to the economy of Sri Lanka. This study aimed to find out whether the influence of TFP on the production of apparel sector in Sri Lanka and to identify the contribution of production factors to TFP of the production and to identify the determinants of TFP in the apparel sector in Sri Lanka.
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    Analysis of Determinants of Business Performance in Micro Enterprises- A Special Reference to Matugama Area
    (Uva Wellassa University of Srilanka, 2011) Chaturika, D.Y.; Deshapriya, N.P.R.
    Note: See the PDF Version have been recognized as an important strategic sector in Sri Lanka for generating high economic growth, reducing unemployment, inequality and poverty. The Government in its top priority has recognized the importance of this sector in achieving a balanced economic growth, equitable regional distribution and increasing employment and productivity levels, and has adopted various policies for the development of micro enterprises in Sri Lanka. Micro and small enterprises contribute to the economic growth through several pathways including employment generation, poverty alleviation, reducing income disparity, entrepreneurship development, economic dynamism, linking the value chains and social development. Due to these facts micro and small enterprises are considered as the engine of economic growth in Sri Lanka. The number of people engaged in micro and small enterprises increase as a result of new enterprises being started and the expansion of existing activities. According to the traditional theoretical arguments, business performance of Micro enterprises mainly depends on some defined determinants of the business performance. Matugama is a developing area where most of the people tend to start their own businesses rather than working for a monthly salary. Therefore, it is relevant to analyze the determinants of the business performance of micro enterprises with reference to the Matugama area. Accordingly, this paper is an effort to quantify the above problem econometrically.
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    Analyzing the Macroeconomic Determinants in Stock Market Development in Sri Lanka
    (Uva Wellassa University of Srilanka, 2011) Senavirathna, T.G.D.C.; Deshapriya, N.P.R.
    Note: See the PDF Version Businesses use diverse types of methods to meet their financial needs. They can mainly be divided into capital market and money market. Capital market provides them long term capital while money market provides short term financial requirements. Among them, stock market is the place where secondary shares are issued to fulfill the capital requirements in public companies and make opportunities for investors to obtain benefits from their investments. In Sri Lanka, these transactions occur in Colombo Stock Exchange. In generally, stock market development indicates a developing industrial sector and a growing economy of a country. According to the traditional theoretical arguments, stock market development depends on macro-economic factors in both developed and emerging stock markets. Especially after the civil war in Sri Lanka, stock market has been playing a major role in the Sri Lankan economy. As a result, Colombo Stock Exchange completed its best year in the history in 2009 overcoming the challenges experienced in 2007 and 2008. This performance of the Colombo Stock Exchange during the year 2009 made it the best performing stock market among the 52 markets beating Mongolia and Bangladesh markets (According to Bloomberg News). Within this scenario, this research was conducted to identify macro-economic determinants of growth of stock market as the primary objective while assessing the effect of Exchange rate policy on market capitalization and assessing the effect of war on market capitalization in stock market as secondary objectives. This paper is an effort to quantify the above problem descriptively and econometrically
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    Determinants of Restaurant Revenue Management; RevPASH Analysis for Registered Tourist Restaurants in Colombo District
    (Uva Wellassa University of Sri Lanka, 2020) Bandara, D.G.G.P.S.; Karunarathna, A.C.I.D.; Deshapriya, N.P.R.
    Revenue management is a sophisticated form of supply and demand management. Its primary focus is managing customer demand through the use of variable pricing and capacity management to maximize profitability. Most restaurant owners and managers are trying to increase their revenue. But they used the wrong determinants to measure the revenue. This research intended to identify the determinants of Revenue per Available Seat Hour (RevPASH) in registered tourist restaurants in the Colombo district. RevPASH is a performance metric in the restaurant industry. Further, this study examined the relationship between RevPASH and its determinants in a registered tourist restaurant in Colombo district. To achieve these objectives, the study was conducted as a quantitative study and used a questionnaire as a data collecting technique. A total of 75 SLTDA registered tourist restaurants in Colombo district were selected as the study sample. Descriptive statistics and correlation analysis were used to analyse the data with the support of the SPSS 22 version. Determinants of RevPASH were identified using descriptive statistics. According to the results of the correlation analysis, a weak positive relationship was indicated between the total number of employees in the restaurant, services & facilities of restaurant, the centrality of the restaurant corresponding to the location with the RevPASH. Further, there was no relationship between the total number of covers in restaurant, restaurant-grade, restaurant establishment year, restaurant refurbishment, and distance to the main road from the restaurant with RevPASH in registered tourist restaurants in Colombo district. According to the results, restaurant owners and managers in registered tourist restaurants in Colombo district should pay more attention to the total number of employees in restaurant, services & facilities of restaurant and centrality of the restaurant corresponding to the location to increase the RevPASH of their restaurant to enhance the revenue. Keywords: Revenue management, Restaurant industry, RevPASH, Performance metric, Determinants
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    Impact of Air Cargo Exports and Economic Growth of Sri Lanka
    (Uva Wellassa University of Sri Lanka, 2012) Fernando, W.M.S.N.; Deshapriya, N.P.R.
    The air cargo plays an important role in international trade of goods between countries in the world. International trade contributes much on creating and maintaining a greater intimacy in between countries in the world while facilitating much on being a globalized village by the world countries. It is very essential for each and every country to participate in international exchange mode of goods with highly efficient, low cost, less time consuming supply of goods to the global network with higher accessibility. The low cost and high accessibility orientations have led for various countries to use air cargo as their cargo medium in international trade of goods. As an emerging economy in the South Asian region, Sri Lanka needs to engage in favorable international trade activities with the rest of the world. Accordingly, it is very essential for Sri Lanka to participate efficiently in international trade activities since the international trade directly links with the country's economic growth. The economic growth directly links with country's Gross Domestic Product (GDP). GDP is the totalmarket value of all finalgoods and services produced in a country in a given year. The annual change of the GDP compared to the previous year represents the country's economic growth rate for the considering year. Accordingly, it is vital to identify the significant impact of air cargo in international trade by Sri Lanka since it serves as the higher efficient, less time consuming cargo handling medium which can directly links with the economic growth of Sri Lanka. Therefore, this research was aimed at identifying the impact and that air cargo exports does on economic growth of Sri Lanka.
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    Macroeconomic Determinants of Insurance Sector Development in Sri Lanka
    (Uva Wellassa University of Sri Lanka, 2012) Arachchi, W.A.D.D.W.; Deshapriya, N.P.R.
    Financial institutions play a prominent role in supporting economic development in Sri Lanka. In recent decades, insurance sector as a segment of financial institutions has contributed to the development of the economic activities of the country immensely. Macroeconomic environment is most influential on insurance sector development in Sri Lanka. Macroeconomic factors can be categorized as unemployment rate, inflation rate, percapita income, interest rate, and level of the stock market, exchange rate, growth rate of foreign direct investment, money supply and terms of trade. This research attempted to examine the influence of macroeconomic determinants on insurance sector development. Domestic Investment, Inflation, Capital expenditure, Foreign Direct Investment (FDI), Growth Rate of Gross Domestic Production and Unemployment Rate were used as predictors of macroeconomic determinants and insurance sector development was measured by insurance premium. The study was designed to achieve the main objective of identifying relationship between macroeconomic determinants on insurance sector development in Sri Lanka. To observe the causality between macroeconomic determinants and insurance sector development was at the center of this study.