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Foreign Direct Investment and Employment Creation in Pacific Island Countries: An Empirical Study of Fiji

Author

Listed:
  • T.K. Jayaraman
  • Baljeet Singh

    (The University of the South Pacific, Fiji)

Abstract

This paper undertakes an econometric study of the impact of FDI in Fiji during a 30-year period. In the absence of data on Fiji’s employment in FDI sectors either in aggregated form or by specific sectors, we are constrained to use data on formal sector employment as a proxy. This implies that employment in both formal and FDI related activities move in the same direction and proportion. The paper investigated the relationship between employment and foreign direct investment for Fiji through a multivariate modeling strategy by including GDP.

Suggested Citation

  • T.K. Jayaraman & Baljeet Singh, 2007. "Foreign Direct Investment and Employment Creation in Pacific Island Countries: An Empirical Study of Fiji," Working Papers 3507, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    • Handle: RePEc:esc:wpaper:3507
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    References listed on IDEAS

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    1. Luiz R. de Mello Jr., 1997. "Foreign Direct Investment in Developing Countries: A Selective Survey," Studies in Economics 9701, School of Economics, University of Kent.
    2. Atkins, Frank J. & Coe, Patrick J., 2002. "An ARDL bounds test of the long-run Fisher effect in the United States and Canada," Journal of Macroeconomics, Elsevier, vol. 24(2), pages 255-266, June.
    3. Premachandra Athukorala & Jayant Menon, 1995. "Developing with Foreign Investment: Malaysia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 28(1), pages 9-22, January.
    4. World Bank, 2006. "World Development Indicators 2006," World Bank Publications - Books, The World Bank Group, number 8151.
    5. Hal Hill & Prema-chandra Athukorala, 1998. "Foreign Investment in East Asia: A Survey," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 12(2), pages 23-50, November.
    6. M. Bahmani-Oskooee & Gour Goswami, 2003. "A disaggregated approach to test the J-Curve phenomenon: Japan versus her major trading partners," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 27(1), pages 102-113, March.
    7. Mohsen Bahmani-Oskooee & Raymond Chi Wing Ng, 2002. "Long-Run Demand for Money in Hong Kong: An Application of the ARDL Model," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 1(2), pages 147-155, August.
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    Cited by:

    1. Khodeir, Aliaa & AL Nuwaiser, Sarah, 2016. "Does Foreign Direct Investment Affect Industrial Workers? Evidence from Kingdom of Saudi Arabia," MPRA Paper 103510, University Library of Munich, Germany.
    2. Takumah, Wisdom, 2014. "Tax Revenue and Economic Growth in Ghana: A Cointegration Approach," MPRA Paper 58532, University Library of Munich, Germany.
    3. James Atta Peprah & Isaac Kwesi Ofori & Abel Nyarko Asomani, 2019. "Financial development, remittances and economic growth: A threshold analysis," Cogent Economics & Finance, Taylor & Francis Journals, vol. 7(1), pages 1625107-162, January.
    4. Mina, Wasseem & Jaeck, Louis, 2015. "Labor Market Flexibility and FDI Flows: Evidence from Oil-Rich GCC and Middle Income Countries," MPRA Paper 62652, University Library of Munich, Germany.
    5. Vodă Alina Daniela & Duguleană Liliana & Dobrotă Gabriela, 2019. "Investments, Economic Growth And Employment: Var Method For Romania," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(2), pages 231-244, August.
    6. Mina, Wasseem, 2020. "Do GCC market-oriented labor policies encourage inward FDI flows?," Research in International Business and Finance, Elsevier, vol. 51(C).
    7. Feeny, Simon & Iamsiraroj, Sasi & McGillivray, Mark, 2014. "Growth and Foreign Direct Investment in the Pacific Island countries," Economic Modelling, Elsevier, vol. 37(C), pages 332-339.
    8. Mwinlaaru, Peter Yeltulme & Ofori, Isaac Kwesi, 2017. "Real exchange rate and economic growth in Ghana," MPRA Paper 82405, University Library of Munich, Germany.
    9. Koi Nyen Wong & Tuck Cheong Tang, 2008. "Foreign Direct Investment And Employment In Manufacturing And Services Sectors: Fresh Empirical Evidence From Singapore," Monash Economics Working Papers 15/08, Monash University, Department of Economics.
    10. Zakia Batool & Muhammad Haroon & Sajjad Ali & Rashid Ahmad, 2022. "Remittances and Economic Growth: Exploring the Role of Financial Development," iRASD Journal of Management, International Research Alliance for Sustainable Development (iRASD), vol. 4(1), pages 127-134, March.
    11. Aliaa Nabil Khodeir & Aliaa Nabil Khodeir & Sarah Nasser AL Nuwaiser, 2016. "Does Foreign Direct Investment Affect Industrial Workers? Evidence from Kingdom of Saudi Arabia," International Journal of Economics and Financial Issues, Econjournals, vol. 6(4), pages 1858-1864.
    12. Nirma Sadamali Jayawardena & Jack Boe & Angeline Rohoia & Parmendra Sharma, 2022. "Promoting SMEs in Pacific Island Countries Through Effective Marketing Strategies: A Systematic Literature Review and a Future Research Agenda," Journal of Electronic Commerce in Organizations (JECO), IGI Global, vol. 20(2), pages 1-24, April.
    13. Chung-Khain Wye & Elya Nabila Abdul Bahri, 2021. "How does employment respond to minimum wage adjustment in China?," The Economic and Labour Relations Review, , vol. 32(1), pages 90-114, March.

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    More about this item

    Keywords

    Foreign Direcit Investment; Employment creation; Fiji;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade

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