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The effects of exports, aid and remittances on output: The case of Kiribati

Rao, B. Bhaskara and Takirua, Toani (2006): The effects of exports, aid and remittances on output: The case of Kiribati. Unpublished.

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Abstract

Country specific time series models of the determinants of output for the small developing island countries in the Pacific region are relatively few. This paper explores the applicability of the framework underlying Solow (1956) to analyze the determinants output in Kiribati for the period 1970-2005. It is found that technical progress in Kiribati has been negative virtually offsetting the positive effects of factor accumulation. Aid and remittances have negative effects and exports have only a small positive effect in the short run.

Item Type:MPRA Paper
Institution:University of the South Pacific
Language:English
Keywords:Kiribati; Growth; Aid; Exports and Remittances
Subjects:O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development
ID Code:1548
Deposited By:B. Bhaskara Rao
Deposited On:20. Jan 2007
Last Modified:07. Nov 2007 01:50

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