The effects of exports, aid and remittances on output: the case of Kiribati
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 article explores the applicability of the framework underlying Solow (1956) to analyse the determinants output in Kiribati for the period 1970 to 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.
Document Type: Research Article
Affiliations: The School of Economics and Finance, University of the Western Sydney,
Publication date: April 1, 2010