Munich Personal RePEc Archive

A Re-examination of Private Consumption in Fiji

Kumar, Saten (2009): A Re-examination of Private Consumption in Fiji. Published in: Pacific Economic Bulletin , Vol. 24, No. 2 : pp. 70-81.

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Abstract

Recently the Reserve Bank of Fiji (RBF) claimed that private consumption expenditure in Fiji has grown considerably in past years. For policy purposes, it is important to re-investigate the determinants of consumption in Fiji. This paper used alternative time series techniques to estimate real private consumption for Fiji using annual data from 1975-2005. It is found that the income and availability of consumer credit elasticities are significant and plausible. A stable real private consumption function is also attained using CUSUM and CUSUMSQ tests.

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