Tourism Earnings and Economic Growth in Fiji: Symmetric, Asymmetric and Resilience Dynamics

IF 2 4区 经济学 Q3 DEVELOPMENT STUDIES
Journal of International Development Pub Date : 2026-03-11 Epub Date: 2025-12-08 DOI:10.1002/jid.70054
Diana Botei, Jundong Hou, Williams Shaw
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引用次数: 0

Abstract

This study examines the asymmetric effects of tourism earnings on Fiji's economic growth, focusing on short- and long-run dynamics using ARDL and NARDL models. It integrates controls, primary sector, government spending, capital formation and CO2, to examine how sectoral interdependencies and public investment shape tourism-led growth. Results show positive tourism shocks have greater long-run GDP effects than negative ones, supporting the Tourism-Led Growth Hypothesis. It also aligns with Endogenous Growth Theory by highlighting the primary sector's buffering role against negative tourism shocks. The study provides valuable insights for policy strategies in small island developing states.

斐济旅游收入和经济增长:对称、不对称和弹性动态
本研究考察了旅游收入对斐济经济增长的不对称影响,重点关注使用ARDL和NARDL模型的短期和长期动态。它整合了管制、第一部门、政府支出、资本形成和二氧化碳,以研究部门间的相互依赖和公共投资如何影响旅游业主导的增长。结果表明,积极的旅游冲击比消极的旅游冲击对GDP的长期影响更大,这支持了旅游带动增长假说。它还通过强调第一产业对负面旅游冲击的缓冲作用,与内生增长理论保持一致。这项研究为小岛屿发展中国家的政策战略提供了宝贵的见解。
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来源期刊
CiteScore
2.40
自引率
0.00%
发文量
109
期刊介绍: The Journal aims to publish the best research on international development issues in a form that is accessible to practitioners and policy-makers as well as to an academic audience. The main focus is on the social sciences - economics, politics, international relations, sociology and anthropology, as well as development studies - but we also welcome articles that blend the natural and social sciences in addressing the challenges for development. The Journal does not represent any particular school, analytical technique or methodological approach, but aims to publish high quality contributions to ideas, frameworks, policy and practice, including in transitional countries and underdeveloped areas of the Global North as well as the Global South.
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