Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63538
Authors: 
Bhaskara Rao, B.
Sharma, Kanhaiya Lal
Singh, Rup
Lata, Nalini
Year of Publication: 
2007
Series/Report no.: 
Research Paper, UNU-WIDER, United Nations University (UNU) 2007/34
Abstract: 
This paper is a survey of some key variables with an international dimension and implications for growth and development policies in selected Pacific island countries. Results from a simple growth accounting exercise show that factor accumulation is the most dominant growth factor and that the contribution of total factor productivity is negligible. Therefore, increasing the investment rate to improve growth rate is a pragmatic medium-term policy option. Further, econometric analysis shows that foreign aid has a negligible effect on output and growth in Fiji, Solomon Islands and Papua New Guinea.
Subjects: 
macroeconomic analyses
economic growth
development issues
Pacific islands
JEL: 
O11
O40
O56
ISBN: 
9291909777=978-92-9190-977-3
Document Type: 
Working Paper

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