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Determinants Of Growth Rate: Some Methodological Issues With Data From Fiji

Author

Listed:
  • Bhaskara Rao

    (University of the South Pacific)

  • Maheshwar Rao

    (University of the South Pacific)

Abstract

Compared to many cross-country studies on the determinants of growth rate, time series approaches are relatively few and limited in scope. However, time series studies are useful for country-specific policies. But in many recent works ad hoc specifications have been used to analyze the contribution of various factors to growth. This paper examines the specification and estimation issues in the time series approach and provides some guidelines. Our approach is used to illustrate the effects of trade openness on the growth rate of Fiji.

Suggested Citation

  • Bhaskara Rao & Maheshwar Rao, 2005. "Determinants Of Growth Rate: Some Methodological Issues With Data From Fiji," Macroeconomics 0509003, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpma:0509003
    Note: Type of Document - pdf; pages: 22
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    References listed on IDEAS

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    Cited by:

    1. Abdullahi D. Ahmed, 2010. "Financial liberalization, financial development and growth linkages in Sub-Saharan African countries: An empirical investigation," Studies in Economics and Finance, Emerald Group Publishing, vol. 27(4), pages 314-339, October.

    More about this item

    Keywords

    The Solow Growth Model; Production Function; General to Specific Approach; Trade Openness and Growth.;

    JEL classification:

    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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