Export-Led Growth Hypothesis: Evidence from Papua New Guinea and Fiji

Journal of Economic Studies, 34(4): 341-351, 2007

Posted: 10 Jun 2012

See all articles by Paresh Kumar Narayan

Paresh Kumar Narayan

Deakin University - School of Accounting, Economics and Finance

Seema Narayan

affiliation not provided to SSRN

Biman Prasad

University of the South Pacific - Department of Economics; University of the South Pacific - Oceania Development Network

Arti Prasad

affiliation not provided to SSRN

Date Written: 2007

Abstract

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.

Suggested Citation

Narayan, Paresh Kumar and Narayan, Seema and Prasad, Biman and Prasad, Arti, Export-Led Growth Hypothesis: Evidence from Papua New Guinea and Fiji (2007). Journal of Economic Studies, 34(4): 341-351, 2007 , Available at SSRN: https://ssrn.com/abstract=2080677

Paresh Kumar Narayan (Contact Author)

Deakin University - School of Accounting, Economics and Finance ( email )

221 Burwood Highway
Burwood, Victoria 3215
Australia

Seema Narayan

affiliation not provided to SSRN ( email )

Biman Prasad

University of the South Pacific - Department of Economics ( email )

Private Bag, Laucala Campus
Suva
Fiji

University of the South Pacific - Oceania Development Network ( email )

Suva
Fiji

Arti Prasad

affiliation not provided to SSRN ( email )

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