American Journal of Industrial and Business Management

Volume 14, Issue 10 (October 2024)

ISSN Print: 2164-5167   ISSN Online: 2164-5175

Google-based Impact Factor: 2.08  Citations  

Analysis of the Impact of Transport Infrastructure on Economic Growth in the Republic of Congo

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DOI: 10.4236/ajibm.2024.1410065    199 Downloads   1,571 Views  

ABSTRACT

This study examines the impact of transport infrastructure on economic growth in the Republic of Congo. Highlighting the importance of infrastructure in development, it examines the role of roads and railways in promoting economic expansion. Despite historical challenges in infrastructure development and maintenance, recent government initiatives aim to improve connectivity. Using the Solow model, transport infrastructure is found to significantly boost economic productivity. The empirical results reveal a long-run positive correlation between transport infrastructure and economic growth and the existence of causality between infrastructure and economic growth, this study aims to establish a causal link between transport infrastructure and economic growth, providing essential information for future infrastructure projects and policies in the Republic of Congo.

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Vinceline, P. C., Guo, S. Q., & Keeven, N. R. M. C. (2024). Analysis of the Impact of Transport Infrastructure on Economic Growth in the Republic of Congo. American Journal of Industrial and Business Management, 14, 1288-1302. doi: 10.4236/ajibm.2024.1410065.

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