声明
摘要
ABSTRACT
CONTENTS
LIST OF TABLES
CHAPTER ONE：INTRODUCTION
1．1 Overview of Togo’s Economy
1．2 Motivation of the Study
1．3 Limitations
1．4 Main Structure of the Thesis
CHAPTER TWO：LITERATURE REVIEW
2．1 Economic Growth
2．1．1 What is Economic Growth?
2．1．2 Growth Theories
2．2 Overview of Foreign Direct Investment
2．2．1 What is FDI?
2．2．2 Determinants of FDI
2．2．3 FDI and Economic Growth
2．3 Overview of Financial Development
2．3．1 Financial Development and Economic Growth
2．3．2 Financial Development，FDI and Economic Growth
CHAPTER TRHEE： DATA SPECIFICATION AND ECONOMETRIC METHODOLOGY
3．1 Data Specification
3．1．1 Indicators of Economic Growth
3．1．2 Indicators of FDI
3．1．3 Indicators of Financial Development
3．2 Econometric Methodology-VAR
3．2．1 Unit Root Test
3．2．2 Vector Auto regresslon Lag Selection
3．2．3 Cointegration Test
3．2．4 Vector Error Correction Model
3．2．5 Vector Auto Regression(VAR)MODEL
3．2．6 Model Diagnostic Tests
CHAPTER FOUR：EMPIRICAL RESULTS AND INTERPRETATIONS
4．1 Stationary Test
4．2 Cointegration Result
4．3 Vector Auto Regression(VAR)Model
4．4 Granger Causality Test
CHAPTER FIVE：CONCLUSION AND POLICY RECOMMENDATIONS
5．1．Conclusion
5．2 Policy Recommendations
REFERENCES
APPENDIX
Acknowledgement
