Revue d’Economie Théorique et Appliquée ISSN : 1840-7277
Volume 12 – Numéro 2 – Décembre 2022. pp. 223-238 eISSN : 1840-751X
https://doi.org/10.62519/reta.v12n2a6
Moussa SIGUE Email : msigue.reche@gmail.com Département d’économie, Université Thomas Sankara, Ouagadougou |
Gnanderman SIRPE Email : gsirpe@yahoo.fr Département d’économie, Université Aube Nouvelle, Ouagadougou |
Incidences de court et de long terme des dépenses publiques sur la compétitivité structurelle de l’économie du Burkina Faso : quelle contribution des investissements routiers ?
Mots-clés : Long et court terme – Compétitivité structurelle – Investissement routier.
Short and long-term impacts of public spending on the structural competitiveness of the Burkina Faso economy: what contribution from road investments?
Abstract: This paper evaluates the short and long-run impact of road infrastructure investments on the structural competitiveness of the Burkina Faso economy over the period from 1980 to 2016. The estimates are based on error correction model, a quadratic approach and a spline estimation. The results show that the elasticity of structural competitiveness with respect to road investment is 0.09 in the short run and 0.21 in the long run. The quadratic and spline estimates indicated that the optimal share of 6.42% and the efficiency interval of road infrastructure investment is [5%; 6.42%]. The policy implication that emerges is that an increase in road infrastructure investment is an optimal structural competitiveness enhancing policy for the country's economy provided that the share of road infrastructure investment in the total investment budget is between 5% and 6.42%.
Keywords: Long and Short term – Structural competitiveness – Road investment.
JEL Classification: F40 – H54 – O47.
Received for publication: 20211007 Final revision accepted for publication: 20221219
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