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Temporal causality and the dynamics of democracy, emigration and real income in Fiji

Narayan, Paresh Kumar and Smyth, Russell 2005, Temporal causality and the dynamics of democracy, emigration and real income in Fiji, International review of applied economics, vol. 19, no. 2, pp. 245-263.

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Title Temporal causality and the dynamics of democracy, emigration and real income in Fiji
Author(s) Narayan, Paresh Kumar
Smyth, Russell
Journal name International review of applied economics
Volume number 19
Issue number 2
Start page 245
End page 263
Publisher Routledge
Place of publication London, England
Publication date 2005-04
ISSN 0269-2171
1465-3486
Summary This study is the first to explore temporal causality between democracy, emigration and real income in Fiji within a multivariate cointegration model. We find three long run relationships between democracy, emigration and real income. In the long run there is evidence that migration and democracy Granger cause real GDP in Fiji; real GDP and democracy Granger cause migration from Fiji and that real GDP and migration Granger cause democracy in Fiji. In the short run we find unidirectional Granger causality running from migration to real GDP and from democracy to real GDP, but neutrality between democracy and migration in the short run. We also extend the analysis to examine the degree of exogeneity of the variables beyond the sample period through considering the decomposition of variance and impulse response functions.
Language eng
Field of Research 140302 Econometric and Statistical Methods
140211 Labour Economics
HERDC Research category C1.1 Refereed article in a scholarly journal
Persistent URL http://hdl.handle.net/10536/DRO/DU:30024732

Document type: Journal Article
Collection: School of Accounting, Economics and Finance
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