Exploring the nexus between urbanisation, services sector expansion, aid and growth in Fiji
Ronald Kumar
International Journal of Economics and Business Research, 2013, vol. 5, issue 2, 128-146
Abstract:
The study explores the contributory powers of urbanisation, services sector expansion and development assistance on per worker income in Fiji over the periods 1981-2009 using the ARDL bounds approach. The results show that sectors like tourism, information and communications technology, financial sector development besides urbanisation and development assistance are positively contributing to long-run growth and development. Therefore, sound urban planning, improving infrastructure, promoting Fiji as a choice of tourist destination, advancing and improving availability, affordability and accessibility of technology, financial inclusion and strengthening donor relations are pertinent matters for policy discourse.
Keywords: urban growth; tourism; financial sector; ICT; information technology; communications technology; Fiji; ODA; official development assistance; OECD; Organisation for Economic Co-operation and Development; Development Assistance Committee; DAC; contributory powers; urbanisation; services sector expansion; per worker income; ARDL bounds test; autoregressive distributed lag models; long-run growth; long-run development; urban planning; infrastructure; tourist destinations; technology availability; technology affordability; technology accessibility; financial inclusion; donor relations; economics; business research. (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijecbr:v:5:y:2013:i:2:p:128-146
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