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

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dc.contributor.authorNarayan, Paresh Kumaren_AU
dc.contributor.authorNarayan, Seemaen_AU
dc.date.accessioned2019-03-30T06:29:15Z
dc.date.available2019-03-30T06:29:15Z
dc.date.created2003en_AU
dc.description.abstractThe 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.en_AU
dc.format.extent1 vol.en_AU
dc.format.mimetypeapplication/pdfen_AU
dc.identifier.issn1834-9455 (online)en_AU
dc.identifier.issn0817-8038 (print)en_AU
dc.identifier.other182_sustainability.pdfen_AU
dc.identifier.urihttp://hdl.handle.net/1885/157691
dc.language.isoen_AUen_AU
dc.publisherCrawford School of Public Policy, The Australian National Universityen_AU
dc.publisherAsia Pacific Pressen_AU
dc.rightsAuthor/s retain copyrighten_AU
dc.sourcePacific Economic Bulletin, Vol. 18 , No. 2, 2003en_AU
dc.titleThe sustainability of Fiji's budget deficit: an econometric analysisen_AU
dc.typeJournal articleen_AU
local.bibliographicCitation.placeofpublicationCanberra, ACT, Australiaen_AU
local.publisher.urlhttp://www.crawford.anu.edu.au
local.type.statusPublished Versionen_AU

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