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Macroeconomic determinants of growth in the South Pacific island economies

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  • Azmat Gani

Abstract

The macroeconomic determinants of growth in island countries of the South Pacific region is examined using cross-country data for the 1980-92 period. Capital, labour, inflation, money and exports are found to be significant positive contributors to economic growth while budget deficit is found to exert a significant negative effect on economic growth.

Suggested Citation

  • Azmat Gani, 1998. "Macroeconomic determinants of growth in the South Pacific island economies," Applied Economics Letters, Taylor & Francis Journals, vol. 5(12), pages 747-749.
    • Handle: RePEc:taf:apeclt:v:5:y:1998:i:12:p:747-749
    DOI: 10.1080/135048598353934
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    Cited by:

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    2. Aviral Kumar Tiwari, 2011. "Tourism, Exports and FDI as a Means of Growth: Evidence from four Asian Countries," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(40), pages 131-151, June.
    3. Yazdan Naghdi & Mohadese Soltantooye, 2011. "Inflation and Economic Growth in Iran: Evidence from ARDL & Rolling Linear Models," Information Management and Business Review, AMH International, vol. 3(6), pages 383-388.
    4. Sheereen Fauzel & Boopen Seetanah & R.V. Sannassee, 2017. "Analysing the impact of tourism foreign direct investment on economic growth," Tourism Economics, , vol. 23(5), pages 1042-1055, August.
    5. Noriko Ishikawa & Mototsugu Fukushige, 2007. "Impacts of tourism and fiscal expenditure to remote islands: the case of the Amami islands in Japan," Applied Economics Letters, Taylor & Francis Journals, vol. 14(9), pages 661-666.
    6. Brito, Joao, 2015. "Country Size and Determinants of Economic Growth: A Survey with Special Interest on Small States," MPRA Paper 61273, University Library of Munich, Germany.
    7. repec:ebl:ecbull:v:3:y:2008:i:21:p:1-8 is not listed on IDEAS
    8. Andreas G. Georgantopoulos, 2013. "Tourism Expansion and Economic Development: Var/Vecm Analysis and Forecasts for the Case of India," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(4), pages 464-482, April.
    9. Brida, Juan Gabriel & Barquet, Andrea & Risso, Wiston Adrián, 2009. "Causality between Economic Growth and Tourism Expansion: Empirical Evidence from Trentino - Alto Adige," MPRA Paper 25316, University Library of Munich, Germany, revised 14 Dec 2009.
    10. Ahmad Jafari Samimi & Sedigheh Gholizadeh Kenari, 2015. "Inflation and Economic Growth in Developing Countries: New Evidence," International Journal of Economics and Empirical Research (IJEER), The Economics and Social Development Organization (TESDO), vol. 3(2), pages 51-56, Fabruary.
    11. Edgar J Sanchez Carrera & W. Adrian Risso & Juan Gabriel Brida, 2008. "Tourism's Impact on Long-Run Mexican Economic Growth," Economics Bulletin, AccessEcon, vol. 3(21), pages 1-8.
    12. Noor-e-Saher, 2011. "Impact of Oil Prices on Economic Growth and Exports Earning: In the Case of Pakistan and India," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 14(40), pages 117-151, June.

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