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Export-led growth hypothesis: evidence from Papua New Guinea and Fiji

Author

Listed:
  • Paresh Kumar Narayan
  • Seema Narayan
  • Biman Chand Prasad
  • Arti Prasad

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.

Suggested Citation

  • Paresh Kumar Narayan & Seema Narayan & Biman Chand Prasad & Arti Prasad, 2007. "Export-led growth hypothesis: evidence from Papua New Guinea and Fiji," Journal of Economic Studies, Emerald Group Publishing, vol. 34(4), pages 341-351, September.
  • Handle: RePEc:eme:jespps:v:34:y:2007:i:4:p:341-351
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