Journal of Economics and Development Studies

Determinants of Domestic Savings in Congo - Brazzaville
Ferdinand MOUSSAVOU

Abstract
This article analyzes the determinants of the domestic savings in Congo-Brazzaville. The results obtained from the vectorial model with correction of error show that in the long term, the terms of the exchange, the rate of inflation, the real interest rates, the gross domestic product per capita and the financial deepening moved of a period, explain the domestic savings. In the short term, the terms of the exchange, the rate of inflation and the real interest rates delayed a period on one hand, terms of the exchange, the gross domestic product per capita and the financial deepening, moved of two periods, on the other hand, affect the domestic savings. On the other hand long-term, these results show that the terms of the exchange, the inflation rate and the real interest rates delayed period, influence the domestic savings. These results allowed clearing some suggestions of economic policy in Congo-Brazzaville.

Full Text: PDF     DOI: 10.15640/jeds.v5n4a7