TITLE:
Study on Food Import in D. R. Congo
AUTHORS:
Mukeba Mbala Eric, Shiwei Xu, Wen Yu, Shengwei Wang, Abdul-Gafar Ahmed, Siek Darith, Mujinga Bukasa Eliane
KEYWORDS:
Agricultural Import, Almost Ideal Demand System (AIDS), D. R. Congo, Policy
JOURNAL NAME:
World Journal of Engineering and Technology,
Vol.5 No.2B,
June
29,
2017
ABSTRACT: Democratic Republic of Congo is a developing country located in Central Africa with a population of over 75 million. Generally, it relies on import in international market for food as it has constantly been experiencing domestic crisis which hinders production. Given the importance of shores price policy and income policy, the government pays meticulous attention to these factors to meet the present and future food security. In order to understand the import behavior related to GDP and international trade prices, the study employs Almost Idea Demand System (AIDS) model using FAO data. The result explains that price effect is more useful to the food security of the country than the income effect, thus this study suggest the government should give priority to policy on price.