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The contribution of tourism to the economic growth of Pacific Island countries (PICs) has achieved significance in the past decade. The shift in the economic policies of the PICs from the late 1980s has been decisively away from import substitution and agriculture to urban-based manufacturing...
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This paper aims to examine the export-led growth hypothesis for Fiji and Papua New Guinea (PNG). Design/methodology/approach - The paper investigates the export-led growth hypothesis for Fiji and PNG who have been facing dismal economic growth performances over the last couple of decades....
Persistent link: https://www.econbiz.de/10013105369
Purpose – The purpose of this paper is to examine the time series properties of 26 macroeconomic variables in Papua New Guinea (PNG) over the period 1970-2006. Design/methodology/approach – Both unit root and stationarity tests without a structural break and the Lagrange Multiplier (LM) unit...
Persistent link: https://www.econbiz.de/10005081343
Purpose – This paper aims to examine the export-led growth hypothesis for Fiji and Papua New Guinea (PNG). Design/methodology/approach – The paper investigates the export-led growth hypothesis for Fiji and PNG who have been facing dismal economic growth performances over the last couple of...
Persistent link: https://www.econbiz.de/10005047623
Purpose – This paper aims to examine the export‐led growth hypothesis for Fiji and Papua New Guinea (PNG). Design/methodology/approach – The paper investigates the export‐led growth hypothesis for Fiji and PNG who have been facing dismal economic growth performances over the last couple...
Persistent link: https://www.econbiz.de/10014863154