Poverty Incidence and its Determinants in the Estate Sector of Sri Lanka
Journal Title: Journal of Competitiveness - Year 2012, Vol 4, Issue 1
Abstract
Poverty measurement and analysis are needed to identify the poor, the nature and extent of poverty and its determinants, and to assess the impact of policies and programmes on the poor. The government of Sri Lanka has been spending huge sums of money for poverty alleviation and social welfare since its independence. Yet, poverty is still severe and widespread in Sri Lanka, especially in the estate and rural areas .The objective of this study is to find out and analyze the significant determinants of the incidence of poverty in the estate sector where the highest level of chronic poverty and unemployment exist. The national and regional poverty survey data and other official socio economic cross sectional data from selected provinces were used to analyze the extent of poverty in plantation sector in which 89 Divisional Secretariat from provinces such as Subaragamuva, Central and Uva were considered for the analysis. The econometric model were fitted and estimated in this study. Furthermore, Log transformation was conducted and heteroskedasticity problem was detected with the use of statistical software. The Ordinary Least Square (OLS) regression analysis clearly indicates that, variables such as industrial employment, education, access to market and infrastructure significantly and negatively affect the poverty incidence of the estate sector. Also, agricultural employment has a negative impact but not significant. The R2 of 0.82 explains the statistical fitness of the model and the Prob (F-statistics) also confirms it. Analysis with the Durbin–Watson stat confirms that, there is no auto correlation between the variables. The results emphasize the need for adapting policies for regional infrastructural improvement as well as market and educational development in the plantation sector.
Authors and Affiliations
Sinnathurai Vijayakumar, Olga Březinová
Keywords
Related Articles
- EP ID EP103343
- DOI -
- Views 194
- Downloads 0
Production and Logistics Performance of Czech and Slovak Companies
This contribution deals with the issues of production and logistics performance of Czech and Slovak companies. The goal of the research was to analyze logistic processes, methods of industrial engineering, methods and ev...
The Effect of Implementing a Maintenance Information System on the Efficiency of Production Facilities
The paper deals with the topic of facility management focusing on maintenance area and its importance for increasing company competitiveness. The importance of functional company facility management has risen dramaticall...
The Power of Clustering and HRM as a Source of Competitive Advantage: Evidence from Clusters from Poland, Slovakia, the Czech Republic, India and Developed Countries
This article tries to reveal whether the cluster approach can really support human resource management to act as a driver for regional economic development so as to strengthen the firms’ competitive advantages for doing...
The Application of Business Network Approach for Small and Medium Enterprises (SME) with regard to their Buying Behavior
This paper presents a research study on Business Network (BN) approach within Small and Medium Enterprises (SME) based on the customer´s buying behaviour. We believe that the interconnection of BN, SME and buying behavio...
Strategic Management of Business Performance Based on Innovations and Information Support in Specific Conditions of Slovakia
Business performance management and measurement is a relatively complex and difficult process, which is currently undergoing significant changes in terms of both theory and practice. Previously used indicators, methods a...