The empirical results suggest that the impact of adverse shocks (for e.g. Our analysis reveals that sugar export earnings is a non-stationary process, implying that shocks to sugar export earnings will have a permanent impact. In light of this scrutiny, this paper investigates the response of Fiji’s sugar export earnings to domestic and external shocks using a suite of unit root tests that allows for endogenous multiple structural breaks. Owing to its poor performance over the recent years, and especially the expiry of preferential agreements with the European markets after September 2017, the long term sustainability of the industry has come under the scrutiny. ![]() The sugar industry has been the backbone of the Fijian economy since the late 1950s.
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