International Journal of Scientific Research and Engineering Development

International Journal of Scientific Research and Engineering Development


( International Peer Reviewed Open Access Journal ) ISSN [ Online ] : 2581 - 7175
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📑 Paper Information
📑 Paper Title Composition Des Dépenses Publiques Et Croissance Economique : Evidence Empirique De La Republique Democratique Du Congo
👤 Authors Rachel MUCHIGA FEZA, Hortense ITUKU LUAFA, Achille WALOMBUA TUSEVO, Jean Jacques NSUMBU KIADI
📘 Published Issue Volume 9 Issue 4
📅 Year of Publication 2026
🆔 Unique Identification Number IJSRED-V9I4P64
📝 Abstract
This study examines the impact of the composition of public expenditure on economic growth in the Democratic Republic of the Congo using an Autoregressive Distributed Lag (ARDL) model based on timeseries data. It is grounded in endogenous growth theories and emphasizes the distinction between capital (investment) expenditure and current expenditure. The empirical findings reveal the existence of a long-run relationship between public expenditure and economic growth. Investment expenditure has a positive, significant, and lasting effect on growth, whereas current expenditure exerts a negative or weak impact. The study also confirms the complementary role of private investment and trade openness in fostering economic growth. Furthermore, it highlights the crucial importance of institutional quality in enhancing the effectiveness of public spending. The error correction mechanism indicates a rapid convergence toward the long-run equilibrium. In conclusion, reorienting public expenditure toward productive investments is essential for promoting sustainable and inclusive economic growth in the Democratic Republic of the Congo.
📝 How to Cite
Rachel MUCHIGA FEZA, Hortense ITUKU LUAFA, Achille WALOMBUA TUSEVO, Jean Jacques NSUMBU KIADI, "Composition Des Dépenses Publiques Et Croissance Economique : Evidence Empirique De La Republique Democratique Du Congo" International Journal of Scientific Research and Engineering Development, V9(4): Page(622-631) May-June 2026. ISSN: 2581-7175. www.ijsred.com. Published by Scientific and Academic Research Publishing.