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, doi: 10.1080/02692170500031356.
Attached Files
Name
Description
MIMEType
Size
Downloads
Title
Temporal causality and the dynamics of democracy, emigration and real income in Fiji
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.
Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.