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The relationship between growth and investment

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Authors

Bhaskara Rao, B.

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Publisher

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

Abstract

This paper utilises the growth accounting framework to derive and analyse the relationship between the rate of growth of output and the ratio of investment to output. With plausible parametric assumptions this framework is used to examine the recent controversy in Fiji over investment and growth. The results support concerns that the projected 5 per cent growth rate for Fiji needs significantly higher investment rates as well as institutional reforms.

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Citation

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http://hdl.handle.net/1885/157731

Collections

Pacific Economic Bulletin (1991-2010)

Source

Pacific Economic Bulletin, Vol. 19 , No. 3, 2004

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Journal article

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Restricted until

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