Search results
1 cze 2016 · The current paper investigates the effectiveness of devaluation in improving trade balance with reference to Fiji. A small island economy has limited exportable and hence highly depends on imports for both consumption and production purposes.
- A structural VAR model of the Fiji Islands - ScienceDirect
A four-dimensional Structural Vector Auto-regression (SVAR)...
- A structural VAR model of the Fiji Islands - ScienceDirect
investigate this issue for Fiji, a small island economy located in the Pacific that has experienced four round of devaluation during the last three decades.
11 lut 2022 · The idea that devaluation will promote exports in Fiji needs careful investigation because results show that this will happen with a high cost, i.e. 5% nominal devaluation will be required to increase real exports by 1%.
1 mar 2013 · A four-dimensional Structural Vector Auto-regression (SVAR) model is applied to investigate the implications of fuel imports and devaluation policy on Fiji's current account deficits and economic growth.
Fiji has witnessed three episodes of devaluation of its currency since 1975. In 1988 the Fijian currency was first devalued by 33 percent in order to prevent the
The current paper attempts to empirically investigate this in the context of Fiji which has undergone devaluation four times during the last three decade. Using Vector Error Correction Model, we find evidence of J-curve phenomenon on goods trade, but not on services over the period 1975 to 2012.
A number of countries, mostly small and island economies manage fixed exchange and often devalue it as a stabilisation strategy. The current paper investigates the effectiveness of devaluation in improving trade balance with reference to Fiji.
