Investissement public et croissance économique en République Démocratique Du Congo

Public investment and economic growth in Democratic Republic of Congo

Jean Ntita Ntita, Jean de Dieu Ntanga Ntita and François Kazadi Ntita

MPRA Paper from University Library of Munich, Germany

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.

Keywords: public investment; economic growth; threshold effects; DRC. (search for similar items in EconPapers)
JEL-codes: C32 H54 O11 O55 (search for similar items in EconPapers)
Date: 2017, Revised 2019
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