USP Electronic Research Repository

Trade’s impact on production efficiency and technology in Pacific island countries

Chen, Hong and Prasad, Biman C. and Singh, Baljeet (2015) Trade’s impact on production efficiency and technology in Pacific island countries. Journal of Pacific Studies, 35 (3). pp. 56-78. ISSN 1011-3029

Full text not available from this repository.

Abstract

Pacific island countries have a relatively higher trade openness (trade / GDP), however, these countries face difficulties in the process of economic development. Which come out of the question, namely whether the trade effectively promoted economic growth in Pacific island countries. Due to limited resources, these countries failed to stimulate rapid economic growth, to answer this question is crucial. Purpose of this paper is to study the role of import and export of production efficiency and technology to answer these problems. Is divided into two steps, calculate the seven Pacific island countries in 1970-2009 years of efficiency and technical level, and further productivity and technology trade in the first panel on the basis of non-parametric data envelopment analysis (DEA) regression analysis. It was found that, in addition to certain technological advances Fiji, the Pacific Islands as a whole, its production efficiency and technical efficiency have been worse. The increase in exports of these countries is a potential way to improve production efficiency, the governments of these countries should make efforts to import those products in favor of technology diffusion. Therefore called for accelerated regional integration and internal regional integration of these Pacific island countries to improve trade.

Item Type: Journal Article
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Business and Economics (FBE) > School of Economics
Depositing User: Ms Shalni Sanjana
Date Deposited: 16 Sep 2016 11:12
Last Modified: 16 Sep 2016 11:12
URI: http://repository.usp.ac.fj/id/eprint/9278
UNSPECIFIED

Actions (login required)

View Item