Food Imports and Inflation in the Republic of Congo: An Analysis using an ARDL Approach
Abstract
This paper analyzes the effect of food imports on inflation in the Republic of Congo, over a period from 1986 to 2020. Following the estimation of the ARDL (autoregressive distributed lags) model, the result shows that in the short and long run, food imports have a positive and significant influence on the inflation level. This result has enabled us to formulate implications for economic policies oriented towards food self-sufficiency and/or food security, food processing and/or food preservation.
Full Text: PDF DOI: 10.15640/jeds.v11n2a1
Abstract
This paper analyzes the effect of food imports on inflation in the Republic of Congo, over a period from 1986 to 2020. Following the estimation of the ARDL (autoregressive distributed lags) model, the result shows that in the short and long run, food imports have a positive and significant influence on the inflation level. This result has enabled us to formulate implications for economic policies oriented towards food self-sufficiency and/or food security, food processing and/or food preservation.
Full Text: PDF DOI: 10.15640/jeds.v11n2a1
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