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Current Research in Statistics & Mathematics(CRSM)

ISSN: 2994-9459 | DOI: 10.33140/CRSM

Jonathan Kitoko Asenga1

1University of Kisangani, 2Higher Institute of Commerce of Bunia, Congo

Publications
  • Research Article   
    Trade Openness, Income Inequality and Economic Growth in the Democratic Republic of Congo
    Author(s): Jonathan Kitoko Asenga1*, Elie Bola Boongo and Micheline Azaro Bahati

    This research examines the relationship between trade openness, income inequality and economic growth in the Democratic Republic of Congo (DRC) from 1990 to 2020. Using an ARDL (Auto Regressive Distributed Lag) econometric model, the study assesses the how trade openness and income inequality influence economic growth. The results of this study demonstrate that in the short term, trade openness has a positive and significant effect on economic growth. Every additional 1 point of trade opening leads to an increase in economic growth of 26.85%; GINI has a negative and significant effect on economic growth. Any increase in inequality of 1 point leads to a decrease in GDPH of 141.8667%., and that in the long term, trade openness has a positive and insignificant effect on economic growth. Every additional 1 point of trade opening results in an increase in economic growth of 84.85%; GINI ha.. Read More»

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