Determinants of the Algerian Economy: Autoregressive Distributed Lag Approach
<p>The study examines the determinants of the Algerian economy for the period 1970-2016. We employ Autoregressive Distributed Lag cointegration approach proposed by Pesaran et al. (2001). Findings confirm that CPI, total imports and broad money are significant in explaining economic growth in...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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EconJournals
2018-09-01
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| Series: | International Journal of Economics and Financial Issues |
| Online Access: | https://www.econjournals.com/index.php/ijefi/article/view/6650 |
| Summary: | <p>The study examines the determinants of the Algerian economy for the period 1970-2016. We employ Autoregressive Distributed Lag cointegration approach proposed by Pesaran et al. (2001). Findings confirm that CPI, total imports and broad money are significant in explaining economic growth in Algeria both in short-run and long-run. These findings suggest economic diversification is required to maintain a steady economic growth in the country.</p><p><strong>Keywords:</strong> ARDL; Algerian economy; CPI; Imports.</p><p><strong>JEL Classifications: </strong>E31, F14<strong></strong></p> |
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| ISSN: | 2146-4138 |