TY - BOOK AU - Cinyabuguma,Matthias AU - Akitoby,Bernardin AU - Cinyabuguma,Matthias TI - Sources of Growth in the Democratic Republic of the Congo: A Cointegration Approach T2 - IMF Working Papers; Working Paper SN - 1451853823 : SN - 1018-5941 PY - 2004/// CY - Washington, D.C. PB - International Monetary Fund KW - Aggregate Factor Income Distribution KW - imf KW - Cointegration KW - Economic Growth KW - Growth Accounting KW - Growth Rate KW - Production Function KW - Congo KW - Congo, Democratic Republic of the N2 - The paper investigates the sources of growth in the Democratic Republic of the Congo since 1960 and evaluates the relative importance of total factor productivity growth and factor accumulation, using a cointegration method and a growth accounting framework. The main findings confirm that poor economic policies and bad governance (through their effects on total factor productivity and capital accumulation) contributed to the country's economic decline during the 40-year period, 1960-2000. Looking forward, the paper finds that the right policies are being put in place to pave the way for a restoration of economic growth UR - http://elibrary.imf.org/view/IMF001/06333-9781451853827/06333-9781451853827/06333-9781451853827.xml UR - http://www.imfbookstore.org/IMFORG/9781451853827 ER -