Ouverture commerciale et croissance économique en RD Congo: une analyse en équilibre général calculable

Trade openness and economic growth in the DR Congo: an analysis in a computable general equilibrium framework

Gilles Bertrand Umba

MPRA Paper from University Library of Munich, Germany

Abstract: This paper analyzes the effects of the trade openness on the economic growth in the Democratic Republic of Congo. The empirical analysis conducted diverged on the actual effects of such measures on the behavior of macroeconomic variables of a country. Most see similar policies a catalyst for growth while others see them as detrimental to production and competitiveness. In order to grasp the different effects of trade opening, this work considers an analysis in a framework of a standard dynamic general equilibrium from Decaluwé and Al. (2010) by simulating a gradual lowering of tariffs between 2015 and 2029. The simulations conducted however reveals a net negative effect on economic growth effects of trade opening. However, this negative impact could be absorbed by continued structural reforms to improve competitiveness and diversify the economy.

Keywords: Openness; economic growth; general equilibrium models (search for similar items in EconPapers)
JEL-codes: D58 F15 F43 (search for similar items in EconPapers)
Date: 2013-06-29, Revised 2015-08-13
New Economics Papers: this item is included in nep-ger and nep-int
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Related works:
Working Paper: Ouverture commerciale et croissance économique en RD Congo: une analyse en équilibre générale calculable (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:66092

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