The Contribution of Middle East Countries in Workers Remittances of Sri Lanka
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Transcript of The Contribution of Middle East Countries in Workers Remittances of Sri Lanka
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M.Vinoj
Faculty of Arts & Culture
Economic Unit
South Eastern University of Sri Lanka
N.Saneethan
Faculty of Arts & Culture
Economic Unit
SEUSL
The Contribution of Middle East Countries,
in Workers Remittances of
Sri Lanka
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Foreign private remittances is the Major Sources of Foreign
Exchange Earnings.
2010 -4116 Million S!
2011 -"14" Million S! #epartures for Foreign Emplo$ment is in creasing rapi%l$.
Introduction
0 2 4 6 8 10 12 14 16 18 200
50000
100000
150000
200000
250000
300000
f(x) = 7927.03x + 107052.93R = 0.79
Labour Force & e!artures for Forei"n
Departures for Forei!"#p$o%#e!t
&i!ear (Departures forForei! "#p$o%#e!t)
'oure '&*F"
1992 1994 1996 1998 2000 2002 2004 2006 2008 20100
50000
100000
150000
200000
250000
300000
e!artures for Forei"n Em!lo#ment %''( (*+
Departures for Forei! "#p$o%#e!t
Axis Title
'oure '&*F"
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Conti-.
,ou!tries
e!artures for Forei"n
Em!lo#ment / Re"ional 0asis
%''(1(*+
e!artures for Forei"n Em!lo#ment %''( (*+: Countr# 0asis
-er 94 of e#p$o%ees /ori!
aroa /ere i! te i$e "aster!
ou!tries.
'oure '&*F"
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&o i%entif$ the contri'ution of private remittances from
Mi%%le East on the total private remittances of the
countr$.
&o fin% out the causes an% o'stacles of lo( income
from Mi%%le East
2b3ecti4es of the stud#
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ata Collection
5rimar# ata: )ntervie(s (ith emplo$e% persons in Mi%%le East
an% Foreign *ecruitment agents.
Secondar# ata: +nnual *eports of Sri ,ana ureau of Foreign
Emplo$ment/ +nnual *eports of S,/ +rticles from Magaines
3e'sites.
ata 6nal#sis
#ata have 'een anal$e% in ualitative uantitative metho%s.
&ime series %ata 51990-2010)
is use% to fin% out the relationship'et(een the t(o varia'les.
#escriptive Statistical Metho%s/ *egression Metho%s/ &a'les an%
harts have 'een use% to support this stu%$.
+nal$e% '$ using SSS
Methodolo"#
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Simple ,inear *egression Mo%el
&* 7 80 9 81 ME* 9
&* -&otal rivate *emittance
ME* -Mi%%le East rivate *emittance
-Error &erm
80/ 81 -arameters
Model 7sed to this Stud#
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&he follo(ing (ere calculate% from this mo%el:
;
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+nal$e% Mo%el
5arameter Estimate T 5)4alue.
C %Constant+
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*esults sho(s that there is positive an% high correlation'et(een &otal *eturns >f rivate *emittances an% the &otal
*eturns From Mi%%le East. Speciall$ it sho(s ??@ 50.??AB
an% significant at p 7 C .001 level.
&he Estimate value of &otal *eturns >f Mi%%le East rivate*emittances is in 1.6? units. +n% the pro'a'ilit$ 5-f Mi%%le East rivate
*emittances increases in 1 unit/ thereDll 'e a positive increaseof 1.6? nits in the &otal *eturns >f *emittances of the nation
Findin"s & Conclusion
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)t sho(s the positive relationship 'et(een &otal *eturns >f
rivate *emittances an% the &otal *eturns From Mi%%leEast. &he pro'a'ilit$ value of the varia'le is at 0.00 level.
So statisticall$ the pro'lem is feasi'le (ith the given
constrains.
&his reflects that the &otal Mi%%le East rivate*emittancesD is contri'uting to &otal rivate *emittancesD
of Sri ,ana.
Conti-
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1B entral an of Sri ,ana/51??0-2011B/ +nnual *eportsG/ entral an of Sri ,ana
2B Hana$aara/ +.I.3. 52004B/ Emplo$ment an% nemplo$ment in Sri ,ana ; &ren%s/ )ssues
an% >ptionsG/ #epartment of ensus an% Statistics/ olom'o.
JB ri$ana Ka$a(ar%ena )mpacts of *emittances on the Lousehol% of the Emigrant Sri ,anaG/
)nstitute of olic$ Stu%ies Sri ,ana.
4B Sri ,ana ureau of Foreign Emplo$ment/ 5200-2010B/ +nnual Statistical *eports of Foreign
Emplo$mentG/ Sri ,ana ureau of Foreign Emplo$ment *esearch #ivision
"B &ransparenc$ )nternational Sri ,ana 52010B )ntegrit$ in Foreign Emplo$ment ; +n anal$sis of
corruption riss in recruitmentG Sri ,ana.
References
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ThankYou
