An evaluation of export revenues as determinants of economic growth in the South Pacific island nations
✍ Scribed by Sospeter N. Onchoke; Francis In
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 176 KB
- Volume
- 10
- Category
- Article
- ISSN
- 0954-1748
No coin nor oath required. For personal study only.
✦ Synopsis
The consistently held contention that export performance determines economic growth, particularly in the LDCs, is analysed empirically for the South Paci®c 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.