The impact of oil price fluctuations on the Algerian economy during the period 1990-2020- an econometric study using the Autoregressive Distributed Deceleration (ARDL)

Authors

  • Chahrazed Madjdoubi
  • Aicha Zidelmel Affane
  • Chaabane Guessabi

Keywords:

Oil price-GDP-ARDL-ALGERIA

Abstract

This study aims to find out the extent of the impact of oil price fluctuations on the GDP in Algeria, through and using the autoregressive distributed lags (ARDL) model applied to annual time series for both GDP and oil prices from 1990 to 2022. Specifically, we found that there is a long-term equilibrium relationship between oil prices and the gross domestic product (GDP) , which means that the gross domestic product in Algeria is closely related to the changes in oil prices in the long run, and since this relationship is direct and significant, in the long run the volume of the gross domestic product increases. In Algeria, during periods when oil prices rise and vice versa in the case of decline, but in the short term there is a direct significant relationship between oil prices and GDP.

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References

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Published

2023-09-30

How to Cite

Madjdoubi, C. ., Affane, A. Z. ., & Guessabi, C. . (2023). The impact of oil price fluctuations on the Algerian economy during the period 1990-2020- an econometric study using the Autoregressive Distributed Deceleration (ARDL). The Journal of Contemporary Issues in Business and Government, 29(3), 185–208. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2592

Issue

Vol. 29 No. 3 (2023): The journal of contemporary issues in business and government

Section

Articles

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