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, inconsistent with the bulk of the literature. We argue that this is not a surprising result for the Fiji Islands. Our central … argument focuses on two aspects of the Fijian economy: (1) the fact that actual output in Fiji has been around 50 per cent less … than potential output; thus, Fiji's actual output has not reached a threshold level at which oil prices can negatively …
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Within the last two decades Fiji’s tourism industry has grown dramatically, in the process overtaking the traditional … export sector of sugar as the main foreign exchange earner and employment creator. Since Fiji depends enormously on tourism … the tourism industry. The paper aims to provide a clear picture of the tourism industry in Fiji and attempts to provide …
Persistent link: https://www.econbiz.de/10014168713
change in the economy. The central aim of this paper is to apply the Sen test to tourist arrivals to Fiji. The idea behind … permanent or temporary effect on tourist arrivals in Fiji. Among our key results, we find that visitor arrivals in Fiji from … Australia, New Zealand and the USA are stationary, implying that shocks have a temporary effect …
Persistent link: https://www.econbiz.de/10014168984
Tourism is Fiji's largest industry, earning over F$500 million in foreign exchange and employing around 40,000 people … decline in their export competitiveness. In Fiji's case there is evidence that the increases in tourism and non …. The tourism industry over the last decade has grown at an annual rate of 10-12%. The expansion of tourism, which generates …
Persistent link: https://www.econbiz.de/10014169003
Tourism is Fiji's largest industry in terms of foreign exchange earnings and employment creation. The industry earns … envisaged that these results will help Fiji's policy makers and tourism industry stakeholders to understand the industry better … Fiji; hence, it is imperative to understand the behavior of the industry. This article focuses on examining the …
Persistent link: https://www.econbiz.de/10013105056
The central aim of this paper is to investigate whether shocks to Fiji's tourism industry have a permanent effect or a … that shocks to Fiji's tourism industry have a transitory effect on tourist expenditure in Fiji … transitory effect on tourist expenditure in Fiji. To accomplish this aim the Zivot and Andrews (1992) one break test and the …
Persistent link: https://www.econbiz.de/10013105499
This paper examines the short-run and long-run relationships between visitor arrivals in Fiji, real disposable incomes … lag (ARDL) framework - that has not previously been used to estimate tourism demand models. The main advantage of the … integration properties of the variables. The long-run results indicate that growth in income in Fiji's main tourist source markets …
Persistent link: https://www.econbiz.de/10013105528