Sectoral Guidelines for Private Industrial Development in Sri Lanka

This paper reports the results of application of the semi-input-output method for ranking 41 industrial sectors of the Sri Lanka economy for development by private enterprise. The paper also reviews the assumptions underpinning the semi-input-output methodology and presents a justification for the use of shadow wage rates in the analysis. The empirical results provide a framework for programming for the development of private enterprise in Sri Lanka which has languished due to lack of clear planning guidelines