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

Autores/as

  • Kimberly Racquel Elizabeth Chin

DOI:

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

Palabras clave:

Foreign Direct investment, Economic growth, Mining sector

Resumen

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.

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Publicado

2016-08-21

Número

Vol. 7 Núm. 2 (2016): JUNE/AUG

Sección

Papers

Licencia

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