TITLE:
Analysis of Relationships between Port Activity and Other Sectors of the Economy: Evidence from Cote d’Ivoire
AUTHORS:
Nomel Paul Stéphane Essoh
KEYWORDS:
Port Activity; Correlation; Economic Sectors Activities; Port Traffic; Causality; GDP
JOURNAL NAME:
American Journal of Industrial and Business Management,
Vol.3 No.3,
July
9,
2013
ABSTRACT: This research paper aims to study the correlation between the port activity and the activity of the different services sectors. By comparing trends between them and analyzing the causality relationships between the port traffic and the other economic sectors, our study tends to present how the activity of the port of Abidjan could have a decisive effect on the local economy. To meet our objectives, correlation analysis and statistical test tools Eviews and other techniques have been run with data provided by local agencies and port authority. By doing so, our research study finds that there is existing correlation between port activity and activity generated by the other services sectors and its contribution can accelerate the economic growth.