Estimating the Size of the Fiji Islands Agricultural Sector
AbstractFood and agricultural production account for a substantial share of economic activity in developing countries like Fiji. The relatively large size of the agricultural sector makes it all the more important to base agricultural policy decisions on reliable data. Moreover, improvements in farm sector productivity are an important driver of economic growth in developing countries. Good data provide governments – and citizens and taxpayers – with a more reliable basis for identifying policy issues and for assessing the aggregate and distributional impacts of policy initiatives. Good data help to improve the quality of both ex ante and ex post analyses and so help to make governments more accountable for their decisions. In democratic settings, such improved accountability will help to ensure that to the extent possible public policy does indeed promote high economic growth and development. Despite the conceptual limitations of gross domestic product as a measure of economic activity, levels of and changes in a country’s GDP do provide valuable information for government decision making. However, there is some largely anecdotal evidence that the official GDP estimates for the Fiji Islands are not sufficiently accurate. The potential errors reflect misreporting associated with the black economy and problems in measuring agricultural activity in the informal sector. These informal sector problems come from both sampling and non-sampling sources. To gain some insight into the size of the informal part of the agriculture sector we estimate a model to explain the dependence of households on home produced food. Based on this model, and other data sources, we conclude that official estimates of the relative size of the agricultural sector in Fiji probably underestimate the true size of the sector and underestimate its growth.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance in its series Economics Series with number 2006_08.
Length: 21 pages
Date of creation: 23 Oct 2006
Date of revision:
Contact details of provider:
Postal: 221 Burwood Highway, Burwood 3125
Phone: 61 3 9244 3815
Web page: http://www.deakin.edu.au/buslaw/aef/index.php
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dominik H. Enste & Friedrich Schneider, 2000. "Shadow Economies: Size, Causes, and Consequences," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 77-114, March.
- C. Henry, 2005. "The end of poverty: How we can make it happen in our lifetime," The Review of Black Political Economy, Springer, vol. 33(2), pages 61-68, December.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dr Xueli Tang).
If references are entirely missing, you can add them using this form.