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      Multivariate Analysis on the Effectiveness of Monetary and Fiscal Policies in Fiji

      1 ,
      Malaysian Management Journal
      UUM Press

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          Abstract

          By utilising a Cointegrating Vector Autoregressive Model, this paper assesses the relative effectiveness the fiscal and monetary policies on growth. It is observed that government expenditure has the strongest effect on Fiji’s national income which significantly explains Fiji’s GDP error variance even after a three year period with regard to the effect of shocks, we observed that the national income impulse respons to the one standard error shock among all macroeconomic variables, i.e. government expenditure and foreign assets, which is not permanent but transitory.  

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          Author and article information

          Contributors
          Malaysia
          Fiji
          Journal
          Malaysian Management Journal
          UUM Press
          February 25 2020
          : 10
          : 67-81
          Affiliations
          [1 ]Faculty of Economics, Universiti Utara Malaysia
          Article
          10.32890/mmj.10.1-2.2006.8939
          8ae77c74-02aa-4f36-ae89-4144535cca5d

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          History

          Economic development,Management,International economics & Trade,Industrial organization,Business & Corporate economics

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