Role of remittances in small Pacific Island economies: an empirical study of Fiji
AbstractIn the context of the ongoing current global economic downturn, mobilisation of foreign exchange earnings has assumed considerable importance. By adopting an augmented Solow model approach, this paper examines the long-run growth effects of Fiji's inward remittances during a three-decade period (1979â€“2008). The study finds that remittances have had a positive and significant effect on economic activities. This paper also discusses some important policy implications arising out of the study findings.
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Bibliographic InfoArticle provided by Inderscience Enterprises Ltd in its journal Int. J. of Economics and Business Research.
Volume (Year): 3 (2011)
Issue (Month): 5 ()
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Web page: http://www.inderscience.com/browse/index.php?journalID==310
inward remittances; economic growth; augmented Solow model; Pacific Island economies; Fiji; foreign exchange earnings.;
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- Ronald Ravinesh Kumar & Radika Kumar, 2012. "Exploring sectoral elasticity vis-�-vis per worker income with a focus to agriculture: a study of Sub-Saharan Africa," African Journal of Economic and Sustainable Development, Inderscience Enterprises Ltd, vol. 1(1), pages 27-48.
- Kumar, Ronald R., 2011. "Role of Financial and Technology Inclusion, Remittances and Exports vis-à-vis growth: A study of Nepal," MPRA Paper 38850, University Library of Munich, Germany, revised 17 May 2012.
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