IDEAS home Printed from https://ideas.repec.org/a/rom/econmn/v15y2012i2p380-391.html
   My bibliography  Save this article

Evaluation of the Impact of State Business Relationship on the Economic Growth of Togo

Author

Listed:
  • Somiyabalo BATCHA

    () (Zhongnan University of Economics and Law Wuhan City, Hubei Province, P. R. China)

Abstract

The lack of adequate business-led development policy is negatively affecting the development of free entry into more profitable business in Togo. Thus, this is negatively affecting the external competitiveness of the country. This paper before evaluating the correlation between State Business Relationship (SBR) and Gross Domestic Product (GDP) has investigated and explored the weaknesses in the business environment of Togo. This research has developed a formula for the calculation of SBR index and investigated the relationship between SBR and GDP by using Eviews version 6. This research finds that SBR is significantly contributing to GDP, hence strongly contributing to growth in Togo from 1960 to 2010. However, poor governance, administration deficiencies, bad state of infrastructure are the primary factors constraining business in Togo. Thus this requires the formulation of good institutional framework to facilitate free entry into more profitable business to enhance the development of Togo.

Suggested Citation

  • Somiyabalo BATCHA, 2012. "Evaluation of the Impact of State Business Relationship on the Economic Growth of Togo," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 15(2), pages 380-391, December.
  • Handle: RePEc:rom:econmn:v:15:y:2012:i:2:p:380-391
    as

    Download full text from publisher

    File URL: http://www.management.ase.ro/reveconomia/2012-2/13.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Jorge Niosi, 2008. "Technology, Development and Innovation Systems: An Introduction," Journal of Development Studies, Taylor & Francis Journals, vol. 44(5), pages 613-621.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    state business relationship index; gross domestic product; business environment.;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rom:econmn:v:15:y:2012:i:2:p:380-391. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ciocoiu Nadia Carmen). General contact details of provider: http://edirc.repec.org/data/mnasero.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.