Authors: Ronald Ravinesh Kumar
Addresses: FBE Green House, School of Economics, Faculty of Business and Economics, University of the South Pacific, Laucala Campus, Suva, Fiji
Abstract: The study explores the contributory powers of urbanisation, services sector expansion and development assistance on per worker income in Fiji over the periods 1981-2009 using the ARDL bounds approach. The results show that sectors like tourism, information and communications technology, financial sector development besides urbanisation and development assistance are positively contributing to long-run growth and development. Therefore, sound urban planning, improving infrastructure, promoting Fiji as a choice of tourist destination, advancing and improving availability, affordability and accessibility of technology, financial inclusion and strengthening donor relations are pertinent matters for policy discourse.
Keywords: urban growth; tourism; financial sector; ICT; information technology; communications technology; Fiji; ODA; official development assistance; OECD; Organisation for Economic Co-operation and Development; Development Assistance Committee; DAC; contributory powers; urbanisation; services sector expansion; per worker income; ARDL bounds test; autoregressive distributed lag models; long-run growth; long-run development; urban planning; infrastructure; tourist destinations; technology availability; technology affordability; technology accessibility; financial inclusion; donor relations; economics; business research.
International Journal of Economics and Business Research, 2013 Vol.5 No.2, pp.128 - 146
Published online: 30 Dec 2013 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article