Jayaraman, Tiruvalangadu K. and Choong, C.K. (2006) Foreign direct investment in the South Pacific Island countries: a case study of Fiji. World Review of Entrepreneurship, Management and Sustainable Development, 2 (4). pp. 309-322. ISSN 1746-0573
Full text not available from this repository.Abstract
The South Pacific region has been lagging behind in growth in comparison to similarly placed island countries in the Caribbean and Indian Ocean regions. This paper, which undertakes an empirical study, establishes that the rate of growth, market size, openness policy and real exchange rate are crucial determinants of foreign direct investment (FDI) inflows into Fiji. Further, the Granger noncausality test based on Vector Error Correction Model shows that there is a bi-directional causal linkage between FDI and economic growth. The conclusion is that Fiji should adopt an appropriate policy environment for encouraging the growth inducing FDI inflows.
Item Type: | Journal Article |
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Subjects: | H Social Sciences > HG Finance |
Divisions: | Faculty of Business and Economics (FBE) > School of Economics |
Depositing User: | Ms Neha Harakh |
Date Deposited: | 08 Dec 2006 22:37 |
Last Modified: | 10 Jul 2012 08:25 |
URI: | https://repository.usp.ac.fj/id/eprint/2681 |
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