INVESTISSEMENT DIRECT ETRANGER, CAPITAL HUMAIN ET CROISSANCE ECONOMIQUE EN RÉPUBLIQUE DÉMOCRATIQUE DU CONGO

Abstract

This paper contributes to the debate on the relationship between foreign direct investment, human capital and economic growth in developing countries. The objective is to empirically verify the relationship between foreign direct investment and human capital on economic growth in the Democratic Republic of the Congo over the period from 1993 to 2024. To achieve this goal, we used and Autoregressive Scaled lag (ARDL) model. Our estimates show that the interaction between foreign direct investment and human capital does not significantly affect growth in the DRC, whether in the long or short term. So in terms of individual effects, the result shows that on the one hand, foreign direct investment does not significantly affect growth, whether in the long or short term. On the other hand, human capital has a positive and significant effect in the long term, although in the short term the effect is not significant on economic growth in the Democratic Republic of Congo.