Author(s)

Cyriaque Mbingui, Aimé Stanislas Etoka-Beka

Faculty of Economic Sciences of the Marien NGOUABI University, Laboratory of Research and Economic and Social Studies, Brazzaville, Republic of Congo.

The objective of this study is to analyze the effects of trade openness on economic growth in the Republic of Congo over a period from 1986 to 2016. Following the estimation of the Vector Error Correction Model (VECM), the result shows that in the short and long term, trade openness negatively affects economic growth in Congo. That means, the Congo does not benefit from the trade openness policy. This result is explained by the strong dependence of the Congolese economy on exports of raw materials (natural resources). This result has given rise to economic policy implications.

Economic Growth, Trade Openness, VECM

Mbingui, C. and Etoka-Beka, A. (2021) Effects of Trade Openness on Economic Growth in the Republic of Congo. Theoretical Economics Letters, 11, 724-742. doi: 10.4236/tel.2021.114048.