The Relationship Between Foreign Direct Investment and Economic Growth in Togo 1991-2009

摘要：

This study investigated the causal relationship between Foreign Direct Investment (FDI) and Economic Growth in Togo within the period 1991-2009. To that end, we used the Granger-causality to test and determine the causal relationship between FDI and Economic Growth in Togo. Using time series data, the research found that there was a unidirectional relationship between FDI and GDP. The direction of causation ran from FDI to GDP enables to conclude that FDI cause GDP and not otherwise. The study recommended improvement in the investment climate for foreign capital to enhance competitiveness and strengthen the bargaining position of the country in the emerging globalized economy.

关键词： Causal Relationship Foreign Investment Economic Growth Togo

作者: Assiobo Komlan Mawugnon Fang Qiang

作者单位: School of Management, Wuhan University of Technology, Wuhan, P.R.China, 430070

会议类型: 国际会议

会议名称: The 8th International Conference on Innovation and Management(第八届创新与管理国际会议 ICIM 2011)

会议地点: 日本福冈

会议语种:英文

页码: 1269-1273

在线出版日期: 2011-11-30（万方平台首次上网日期，不代表论文的发表时间）