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Monetary and fiscal policies in Fiji: a test of effectiveness

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Dahalan, Jauhari
Jayaraman, T.K.

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Crawford School of Public Policy, The Australian National University
Asia Pacific Press

Abstract

Granger causality tests confirm the results from the bounds-testing approach of the long-run relationships between Fiji?s economic growth and fiscal and monetary policies and exports. Government expenditure, representing fiscal policy, is assessed to have a greater impact than monetary policy and exports on Fiji?s gross domestic product. In the short run, only fiscal policy and exports influenced growth.

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Pacific Economic Bulletin, Vol. 21 , No. 2, 2006

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