تأثير التحرير المالي على التطور المالي في الجزائر : باستعمال نموذج ARDL

الملخص EN

This study attempts to examine the impact of financial liberalzation on financial development and show the role of institutional quality in this relationship Algeria case study during the period 1990 to 2011, This analysis is based on the bound testing approach or the autoregressive distributed lag (ARDL) given by Pesaran, et al.

(2001).

The empirical results show that the interaction between financial liberalization and institutional environment have a negatif impact on financial development, this result insist about more financial and institutional reforms aim to contribute in development of financial system.