The increase in production and productivity are influencing agricultural wages. But the results of empirical studies have shown a positive relationship between real wages and productivity. It is also observed that the real wages seem to have declined or remained stagnant in spite of increasing agricultural production. However, a close relationship may be found between wages and productivity. Th...

Carbon nanostructures are famous structures which are used in several industries such as separation, treatment, energy storage (i.e. methane and hydrogen storage), etc. A successful modeling of activated carbon preparation is very important in saving time and money. There are some attempts to achieve the appropriate theoretical modeling of activated carbon preparation but most of them were almo...

In an economy where agents hold money, the short interest rate determines the trade-off between money holdings and consumption. Building on this idea, we develop a theoretical model that shows the transmission mechanism through which the short rate finds its way to stock-return predictability regressions. We construct a cointegration relation that links share prices and dividends to the short i...

Pacific Economic Bulletin Volume 21 Number 2 2006 © Asia Pacific Press For Fiji, which has been suffering persistent deficits since independence, determining the relationships between inflation, budget deficits, money supply, output, and import prices is essential. We find that inflation, deficits and money supply are cointegrated when inflation is the endogenous variable, and the long-run elas...