Andre Makutubu BALIBWANABO, Yahia BOUCHETA, Lakhdar ADOUKA

Real effective exchange rate and standard of living: Case of democratic republic of Congo (DRC)

Bu çalışmanın amacı reel efektif döviz kurlarının Kongo halkının hayat standartları üzerindekietkisini analiz etmektir. Dickey-Füller Testinin ilk sonuçlarına göre bütün değişkenler sabit sonuçvermiştir. Daha sonra yapılan Johansen Testi ise bütün değişkenlerin analizle eş bütünleşmegösterdiğini ve değişkenler arasında uzun dönemli bir ilişki kurulabileceğini göstermiştir.Çalışmada ECM modeli kullanılmıştır ve hayat standardı oranının %22yi bulmasından sonraincelenen dinamiklerin birbirine uyumu çok yavaşlamıştır. Demokratik Kongo Cumhuriyetiözelinde yapılan analizlerin sonucunda reel efektif döviz kurlarında meydana gelen %1lik pozitifbir değişimin kişi başına düşen milli gelirde %0,00068lik bir artış sağladığı gözlemlenmiştir.Uygulamış olduğumuz istatistiksel bilgiler bağlamında çalışma tatmin edici sonuçlara ulaşmıştır.

Reel efektif döviz kurları ve hayat standardı: Demokratik Kongo Cumhuriyeti örneği

The aim of our study is to analyze the impact of the real effective exchange rate on the livingstandards of the Congolese population. Firstly when applied, the Dickey-Fuller test s howed that allvariables are stationary in first difference . The Johansen test showed that all the variables are co-integrated and that exists a long-term relationship between the variables.The error correction model (ECM) is applied, and we have seen th at the Standard of Living andthe real effective exchange rate adjust very slowly, since the convergence rate the Standard ofliving is about 22%.According to our analysis, the variation in the real effective exchange rate and the living standardsof the Congolese population are inter -related, that is to say, in the DRC when the real effectiveexchange rate varies of 1 %, the GDP per capita increases of 0,00068%. According to the statisticalstudy we have treated, we can conclude that our model is generally satisfactory.

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Notes
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