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Growth constraints and determinants of a South Pacific Island economy: a study of Fiji

Jayaraman, Tiruvalangadu K. and Choong, C.K. (2006) Growth constraints and determinants of a South Pacific Island economy: a study of Fiji. Global Economic Review, 35 (4). pp. 425-444. ISSN 1226-508X

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Abstract

In a global economy, the South Pacific islands face unique constraints to growth. The study investigates whether Fiji was benefited by three-decade old open trade policies. Through a multivariate co-integration analysis, the study establishes the existence of a long-run relationship between open trade policy and physical and human capital resources. Although physical capital had a positive impact on growth, the existing complementary relationship between two kinds of capital requires that a threshold between physical and human capital needs to be attained before any negative influence on growth can be transformed into positive impact.

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 Neha Harakh
Date Deposited: 08 Dec 2006 23:15
Last Modified: 10 Jul 2012 08:26
URI: https://repository.usp.ac.fj/id/eprint/2685

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