Productivity differential and the relationship between exports and GDP in Fiji : an empirical assessment using the two sector model
Prasad, Biman C. and Narayan, Paresh Kumar 2006, Productivity differential and the relationship between exports and GDP in Fiji : an empirical assessment using the two sector model, Journal of the Asia Pacific economy, vol. 11, no. 1, pp. 106-122.
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Productivity differential and the relationship between exports and GDP in Fiji : an empirical assessment using the two sector model
This study uses a two-sector model to determine the productivity differential between the export and non-export sectors of Fiji, and the contribution of exports and investment to gross domestic product over the period 1962-2000. Amongst our key results, we find that the productivity differential between the export and non-export sectors is small and statistically insignificant; investment to GDP ratio and weighted exports positively contribute to economic growth in Fiji; and in the abnormal years (years of coups in Fiji) marginal productivity in capital in the non-export sector is lower than in normal years.