Exports and Economic Growth in Togo

Exportations et croissance économique au Togo

Palakiyèm Kpemoua ()
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Palakiyèm Kpemoua: Université de Lomé [Togo]

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Abstract: The purposes of this paper are to analyze empirically the impact of exports on Togo's economic growth with a model that relies on an augmented neoclassical production function and to test the causality between those exports and the economic growth. The data cover the period 1960-2014. The methodological approach is based on the cointegration and the causality tests. The results obtained indicate that the impact of exports on economic growth in the long-run is positive and significant at 1% level. The results indicate also the existence of causality and show that exports cause economic growth according to Toda and Yamamoto.

Keywords: Causality; Exports; Cointegration; Economic growth; Causalité; Exportations; Croissance économique; Togo (search for similar items in EconPapers)
Date: 2016-06-05
New Economics Papers: this item is included in nep-int
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01332738v1
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