The Relationship between Fiji Sugar Corporation's Profitability and Sugarcane Production

Pacific Economic Bulletin, Vol. 19, No. 2, pp. 19-32, 2004

Posted: 11 Jun 2012

See all articles by Biman Prasad

Biman Prasad

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

Paresh Kumar Narayan

Deakin University - School of Accounting, Economics and Finance

Date Written: 2004

Abstract

The Fiji Government's inability to resolve the differences over land leases is widely seen as a major contributor to the difficulties experienced by the sugar industry. In this paper, however, a different perspective is provided on the industry's problems. In examining the relationship between the profitability of the Fiji Sugar Corporation and sugarcane production, it is found that profitability has had a statistically significant negative effect on sugarcane production, leading to the conclusion that the Fiji Sugar Corporation has been inefficient in the management of the mills, the rail transport system, and sugarcane research.

Suggested Citation

Prasad, Biman and Narayan, Paresh Kumar, The Relationship between Fiji Sugar Corporation's Profitability and Sugarcane Production (2004). Pacific Economic Bulletin, Vol. 19, No. 2, pp. 19-32, 2004, Available at SSRN: https://ssrn.com/abstract=2081476

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

Paresh Kumar Narayan (Contact Author)

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

221 Burwood Highway
Burwood, Victoria 3215
Australia

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