Export‐led growth hypothesis: evidence from Papua New Guinea and Fiji
Abstract
Purpose
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.
Keywords
Citation
Narayan, P.K., Narayan, S., Chand Prasad, B. and Prasad, A. (2007), "Export‐led growth hypothesis: evidence from Papua New Guinea and Fiji", Journal of Economic Studies, Vol. 34 No. 4, pp. 341-351. https://doi.org/10.1108/01443580710826380
Publisher
:Emerald Group Publishing Limited
Copyright © 2007, Emerald Group Publishing Limited