Boosting Economic Growth in Angola: Unveiling the Dynamics of Domestic Investments and Exports

Ben Yedder, Nadia and El Weriemmi, Malek and Bakari, Sayef (2023): Boosting Economic Growth in Angola: Unveiling the Dynamics of Domestic Investments and Exports.

Abstract

This paper extensively explores the intricate interplay between domestic investments, exports, and the long-term economic growth of Angola. By leveraging a robust dataset spanning from 2002 to 2022, we apply rigorous econometric methods, including cointegration analysis and the Autoregressive Distributed Lag (ARDL) model, to unveil the subtle dynamics among these crucial economic indicators. Contrary to conventional expectations, our analysis uncovers a surprising result: there is no apparent impact of domestic investments and exports on the sustained economic growth of Angola. These findings challenge established economic paradigms and emphasized the imperative need for a thorough reassessment of existing economic policies within the country.

• Item Type: MPRA Paper
• Language: English
• Keywords: Domestic Investment, Exports, Economic Growth, ARDL Model, Angola
• Subjects: C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C13 - Estimation: General; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E22 - Investment ; Capital ; Intangible Capital ; Capacity; F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade; O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O47 - Empirical Studies of Economic Growth ; Aggregate Productivity ; Cross-Country Output Convergence; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O55 - Africa

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