Sources of economic growth in South Pacific small-island economies : Fiji and Tonga
This study explores the growth experience of the small-island economies of the South Pacific, using Fiji and Tonga as case studies. The starting point is the traditional neoclassical growth-accounting framework but this is extended to capture the contributions of increases in factor inputs and factor productivity to economic growth. The growth contribution of improvements in the quality of labour is quantified and the relative contribution of net national saving and net capital inflows to...[Show more]
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