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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 – The purpose of this paper is to forecast Fiji's exports and imports for the period 2003-2020. Design/methodology/approach – To achieve the goal of this paper, the autoregressive moving average with explanatory variables (ARMAX) model was applied. To this end, the paper drew on the...
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In this article, we consider the stability of the real effective exchange rates for four Pacific Island countries using the Lee and Strazicich (2003a, b) unit root test, which allows one to incorporate at most two structural breaks in the data series. Our main finding is that for Papua New...
Persistent link: https://www.econbiz.de/10005470579
The need to diversify Fiji's export base has been identified as an important avenue for reducing Fiji's vulnerabilities in international trade. This paper poses the question: Doubling fish exports or garment exports: which would be most beneficial for the Fijian economy? To achieve the goal of...
Persistent link: https://www.econbiz.de/10005470653
Coups have been used as a weapon to overthrow democratic governments in Fiji since 1987. The post-1987 period has been one of the most volatile ones in Fiji's history, in that it has undergone 15 changes in government. In this paper, we analyse the long run economy-wide impact of the May 2000...
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