The Contribution of Middle East Countries in Workers Remittances of Sri Lanka

8/13/2019 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

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The Contribution of Middle East Countries in Workers Remittances of Sri Lanka