An evaluation of export revenues as determinants of economic growth in the South Pacific island nations

Sospeter N. Onchoke and Francis In
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Sospeter N. Onchoke: Policy Research Consortium, Nairobi, Kenya, Postal: Policy Research Consortium, Nairobi, Kenya
Francis In: School of Economics, Deakin University, Geelong 3217 Victoria, Australia, Postal: School of Economics, Deakin University, Geelong 3217 Victoria, Australia

Journal of International Development, 1998, vol. 10, issue 7, 857-869

Abstract: The consistently held contention that export performance determines economic growth, particularly in the LDCs, is analysed empirically for the South Pacific island nations (SPINs). Given that there is reasonable evidence on export revenue|GDP linkages, this study is focused on the short-run relationships between exports and GDP, using the most consistent data set available for selected SPINs. Granger causality based on VAR models, forecast error decomposition analysis (FEDA) and impulse response analysis (IRA) were employed for the short-run investigations. Whilst Granger causality gave mixed results, those of FEDA and IRA were quite consistent. Copyright © 1998 John Wiley & Sons, Ltd.

Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:10:y:1998:i:7:p:857-869

DOI: 10.1002/(SICI)1099-1328(1998110)10:7<857::AID-JID547>3.0.CO;2-1

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