Productivity Differential and the Relationship between Exports and GDP in Fiji: An Empirical Assessment Using the Two Sector Model

Journal of the Asia Pacific Economy, Vol. 11, No. 1, pp. 106-122, 2006

Posted: 11 Jun 2012

See all articles by Paresh Kumar Narayan

Paresh Kumar Narayan

Deakin University - School of Accounting, Economics and Finance

Biman Prasad

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

Date Written: 2006

Abstract

This study uses a two-sector model to determine the productivity differential between the export and non-export sectors of Fiji, and the contribution of exports and investment to gross domestic product over the period 1962-2000. Amongst our key results, we find that the productivity differential between the export and non-export sectors is small and statistically insignificant; investment to GDP ratio and weighted exports positively contribute to economic growth in Fiji; and in the abnormal years (years of coups in Fiji) marginal productivity in capital in the non-export sector is lower than in normal years.

Suggested Citation

Narayan, Paresh Kumar and Prasad, Biman, Productivity Differential and the Relationship between Exports and GDP in Fiji: An Empirical Assessment Using the Two Sector Model (2006). Journal of the Asia Pacific Economy, Vol. 11, No. 1, pp. 106-122, 2006 , Available at SSRN: https://ssrn.com/abstract=2081479

Paresh Kumar Narayan (Contact Author)

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

221 Burwood Highway
Burwood, Victoria 3215
Australia

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

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