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Investissement public et croissance économique en République Démocratique Du Congo
[Public investment and economic growth in Democratic Republic of Congo]

Author

Listed:
  • Ntita Ntita, Jean
  • Ntanga Ntita, Jean de Dieu
  • Kazadi Ntita, François

Abstract

The purpose of this article is to study the effect of public investment on economic growth. To achieve this objective, we used the method of Hansen (1996). The results of the econometric tests indicate an optimal threshold of public investment of 22% of the GDP, threshold above which the public investment has a positive and significant effect on the economic growth of the Democratic Republic of Congo over the period 1981-2015 . Indeed, any public investment below this threshold has no effect on economic growth. But any public investment beyond this threshold stimulates economic growth in the DRC.

Suggested Citation

  • Ntita Ntita, Jean & Ntanga Ntita, Jean de Dieu & Kazadi Ntita, François, 2017. "Investissement public et croissance économique en République Démocratique Du Congo [Public investment and economic growth in Democratic Republic of Congo]," MPRA Paper 92905, University Library of Munich, Germany, revised 2019.
    • Handle: RePEc:pra:mprapa:92905
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    public investment; economic growth; threshold effects; DRC.;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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