Testing the resource curse hypothesis : evidence from republic of the Congo over the period of 1974-2015 by using ARDL approach .

الملخص EN

In this study, we empirically investigate the impact of natural resource abundance on economic growth for Republic of the Congo over the period 1974-2015 by using ARDL approach in order to test the resource curse hypothesis, the findings of this research suggest that the natural resource did not enhance economic growth, and instead of contributing positively on growth, it affects him negatively.

Furthermore, we find that financial development exerts a negative and significant impact on economic growth in the short-run.

The impact of exports on economic growth is positive and statistically significant at 1 % level of signification in long-run as well as in short-run.