5.1.1.2.1.3 Estimate of the function of Togo's external debt
This study mainly uses statistical and econometric tools for
the verification of assumptions. To this effect, the EVIEWSS software will be
used. We will now proceed to the study of the stationarity and possible
co-integration of the model variables. We then estimate by the method of the
least ordinary squares the parameters of the model.
5.1.1.2.1.4 Source of study data
The data used in this study are annual data from the database
of the Central Bank of West African States (BCEAO), the Directorate of Public
Debt (DDP), the Directorate of Economy (DE) and the General Directorate of
Statistics and National Accounts (DGSCN). These are time series covering the
period from 1980 to 2008 (that is 29 observations). The quality and reliability
of the estimates results are based on those data. Some variables will be
measured by approximations to overcome the unavailability of data and to reduce
the sizes at the same level as the dependent variable.
| 
