Export‐led growth hypothesis: evidence from Papua New Guinea and Fiji
Paresh Narayan (),
Seema Narayan (),
Biman Chand Prasad and
Arti Prasad
Journal of Economic Studies, 2007, vol. 34, issue 4, 341-351
Abstract:
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 decades. Findings - Findings of the study suggest that for Fiji there is evidence of export‐led growth in the long‐run, while for PNG there is evidence of export‐led growth in the short‐run. Originality/value - The findings of this paper have important messages for policy makers given that export sectors in both countries investigated are underdeveloped due mainly to a sustained period of political instability.
Keywords: Fiji; Papua New Guinea; Political systems; Economic growth; Exports (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:eme:jespps:v:34:y:2007:i:4:p:341-351
DOI: 10.1108/01443580710826380
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