The Exports and Economic Growth Nexus in Cote D ivoire: Evidence from a Multivariate Time Series Analysis
In recent years, there has been much attention devoted to the relationship between exports and economic growth. The evidence is, however, mixed and inconclusive. This might be attributed to the fact that most existing studies adopt a bivariate framework ignoring the role of capital stock and labor force. Therefore, this paper examines this issue for Cote d?Ivoire over the period 1965-2014. It applies the ARDL bounds test to cointegration and Granger causality tests. The results confirm the export-led growth hypothesis in the long run when total GDP is used. On the contrary, when non-export GDP is considered, exports cause economic growth both in the short and long run. These findings suggest that export promotion policies will contribute to economic growth in Cote d?Ivoire.
With the use of data and concrete examples, such as ::: a mini-case study, and a focus on the top 20 global players, this ::: thesis aims at tackling Capex issues in the telecom industry by ::: covering: – Uses, levels, inefficiencies in Capex management, ::: notably via insider perspective, and their impacts on capital ::: allocation; – Financing of Capex via debt and the recent ::: development of asset monetization; – Specific trends (NSA, VNOs) ::: and M&A in the telecom industry and their impacts on Capex, via ::: the case study of the French SFR-Numericable ::: transaction.