Abstract
Compared to several cross-country studies on the determinants of growth, time series approaches are relatively few and limited in scope. However, time series studies are useful for country-specific policies. But in the recent time series works, with a few exceptions, ad hoc specifications of output and growth equations are used. This paper examines the specification and estimation issues in the time series approach to the determinants of output. Our approach is used to measure the effects of health on the output of Fiji for the period 1970-2002.
Original language | English |
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Pages (from-to) | 47-63 |
Number of pages | 17 |
Journal | ICFAI Journal of Applied Economics |
Volume | 7 |
Issue number | 6 |
Publication status | Published - 2008 |
Keywords
- life expectancy
- health expectancy
- mortality
- longevity
- gross domestic product
- Fiji
- time-series analysis