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Author: search.filters.author.Perera, RStart date: 2020

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Now showing 1 - 2 of 2
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    PublicationOpen Access
    True nature of brain drain and brain gain: A MM-QR analysis on migration, remittances and FDI
    (Elsevier Ltd, 2026-12) Lokuliyana, A; Perera, J; Perera, R; Marina, N; Samarakkody, T; Kankanam Pathiranage, H.S
    With ever-changing global dynamics, understanding which factors promote or hinder economic growth is crucial for any country. Although many studies have examined the variables migration, remittances, and FDI, fewer have examined their collective impact on economic growth in an income-level analysis. A noticeable limitation of the few existing studies in the area is the inability of the mean-based models to address the heterogeneity in real-life distributions. The main objective of the study was to bridge the knowledge gap and address the heterogeneity concerns in mean-based models using MM-QR, meanwhile providing quantile-based evidence for economic theories such as endogenous growth theory, structural transformation theory and most importantly, brain drain theory. The study used a panel dataset of 118 countries from 1995 to 2023, categorized into 4 income levels. Results of the study supported the brain drain theory, where migration negatively affected poorer economies and hinted at the possible existence of brain gain in HICs. Continuous non-linear behavior of FDI, remittances explained the existence of developmental asymmetries and supported endogenous growth theory and structural transformation theory and reveals development threshold effects. Finally, the study underlines the importance of placing tailored policies to absorb migration, remittances and FDIs for economic growth and provides policy recommendations accordingly.
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    PublicationOpen Access
    Globalisation and environmental pressure in Europe: evidence from ecological footprint dynamics
    (Springer, 2026-05-12) Meegamaarachchi, C; Senavirathna, N; Perera, R; Reshini, P; Jayathilaka, R; Athalage, D
    Background: Environmental degradation, as assessed by the ecological footprint, remains a significant global challenge. Although research has examined its linkages with globalisation, evidence remains fragmented and region-specific, thereby leaving uncertainties regarding global patterns and temporal causality. Methods: This study examines the predictive causal dynamics based on Granger causality between globalisation and environmental degradation across 35 European countries from 1993 to 2023, using the panel and country-level Granger causality and Wavelet Coherence analyses. Given the strong regulatory architecture of the European Union, understanding how global economic integration interacts with environmental outcomes is crucial for designing effective regional environmental governance strategies. Results: The findings demonstrate that environmental-globalisation dynamics in Europe operate through multi-scale interaction rather than uniform country-level pathways. These findings highlight the importance of supranational regulatory coordination within the European Union, where environmental governance is shaped not only by national policies but also by regional regulatory frameworks. Furthermore, the study’s findings underscore the importance of regional and country-specific policy implications. These patterns suggest potential heterogeneity across countries; however, given the statistical limitations associated with multiple testing and the small sample size. These findings should be interpreted as indicative rather than conclusive evidence of institutional differences. Time–frequency analysis reveals that globalisation intensifies ecological pressure in the short-term, while it demonstrates mitigating effects over the medium-term. This pattern is consistently observed across the empirical analysis. Conclusion: By employing the ecological footprint as a comprehensive indicator and introducing the LJC heat map visualisation, this study advances methodological and empirical understanding of the globalisation-environmental nexus, while providing targeted policy insights for SDG-aligned sustainability strategies.