Cultural advice

The Australian National University acknowledges, celebrates and pays our respects to the Ngunnawal and Ngambri people of the Canberra region and to all First Nations Australians on whose traditional lands we meet and work, and whose cultures are among the oldest continuing cultures in human history.

Aboriginal and Torres Strait Islander peoples are advised that ANU Library collections may include images, names, voices, and other representations of deceased persons.

Material in the collection may contain terms, language or views that reflect the period in which the item was created and may be considered inappropriate today.

The sustainability of Fiji's budget deficit: an econometric analysis

Thumbnail Image

Date

Authors

Narayan, Paresh Kumar
Narayan, Seema

Journal Title

Journal ISSN

Volume Title

Publisher

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

Abstract

The sustainability of Fiji's budget deficit is examined here within the framework of inter-temporal budget constraint theory, where government revenue is modelled as a function of government expenditure. An error-correction mechanism test for cointegration finds that government revenue and expenditure are cointegrated, which provides some support for the position that Fiji's budget deficit is sustainable in the long run. It is argued that more government expenditure on capital investment will ensure a broader revenue base and reduce the risk of a budget deficit explosion.

Description

Keywords

Citation

URI

http://hdl.handle.net/1885/157691

Collections

Pacific Economic Bulletin (1991-2010)

Source

Pacific Economic Bulletin, Vol. 18 , No. 2, 2003

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

Restricted until

Downloads

File
Description
182_sustainability.pdf (100.39 KB)

DSpace software copyright © 2002-2026 LYRASIS