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Modelling relationship between foreign direct investment and economic growth in Fiji: 1970-2002

Prasad, Biman C. and Singh, Baljeet and Kumar, Sanjesh (2008) Modelling relationship between foreign direct investment and economic growth in Fiji: 1970-2002. Indian Development Review, 6 (1). pp. 49-62. ISSN 0972-9437

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Abstract

Among the Pacific island countries, Fiji, with its relatively better endowments in land and human resources as well as physical infrastructure, has been one of the ten favorite destinations of foreign direct investment (FDI) in the Asia-Pacific. Theoretically, various models have identified FDI as one of the determinants of economic output through its role in technology transfer. The gains from FDI include not only output production in those sectors, which attracted overseas investors, but also of additional output opportunities in ancillary sectors, which are supportive to all production oriented activities in the economy. This paper undertakes an econometric study of the impact of FDI in Fiji during a 33 year period. The results confirm that FDI contributed to the economic growth.

Item Type: Journal Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Business and Economics (FBE) > School of Economics
Depositing User: Ms Neha Harakh
Date Deposited: 27 May 2008 14:53
Last Modified: 17 Jul 2012 16:23
URI: http://repository.usp.ac.fj/id/eprint/849
UNSPECIFIED

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