Foreign Direct Investment (FDI), Trade and Its Contribution to the Mining Sector of Guinea

Authors

  • Kimberly Racquel Elizabeth Chin

DOI:

https://doi.org/10.24212/2179-3565.2016v7i2p65-71

Keywords:

Foreign Direct investment, Economic growth, Mining sector

Abstract

In order to objectively analyze Foreign Direct Investment (FDI) contribution to Guinea’s mining sector, the granger casualty test was used to determine the relationship among variables and to determine whether any of these variables affect others and how. The variables used are Gross Domestic Product, Government Income, Trade, FDI inflow into Guinea mining sector and the exchange rate. The granger casualty test produced evidence of a bidirectional casualty relationship which suggests that FDI’s influence on efficiency lies in the government relaxing its dependency on the mining industry for economic  growth.

Downloads

Published

2016-08-21

Issue

Vol. 7 No. 2 (2016): JUNE/AUG

Section

Papers

License

This Journal is licensed under a Creative Commons Attribution-Non Commercial-No Derivers 4.0 International license.

1.The author (s) authorize the publication of the article in the journal;

2.The author (s) warrant that the contribution is original and unpublished and is not in the process of being evaluated in other journal (s);

3. The journal is not responsible for the opinions, ideas and concepts emitted in the texts, as they are the sole responsibility of its author (s);

4. The editors are entitled to make textual adjustments and to adapt the articles to the standards of publication.