The Effects of Government Spending on the Economic Growth in the Congo

government spending, economic growth, first difference model. JEL classification: F21, 041, 055

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August 30, 2018

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The aim of this present study is to evidence government spending effects on economic growth in Congo. We used a model based on the cointegration approach and data from 1980 to 2015 to conduct this study. The results found show that budgetary policies applied by the government during the period of the study had positive effects on economic growth in the short run only. Whereas in the long run, the study reveals that those policies had no impact on economic growth.