أثر تقلبات العوائد النفطية في تمويل الانفاق الحكومي في الجزائر : دراسة قياسية خلال الفترة (1990-2016)‎

الملخص EN

The aim of this paper is to study the relationship between the fluctuations in oil revenues and the financing of government expenditure in Algeria during the period 1990-2016, based on the data of the Bank of Algeria.

The study concluded that the importance of the oil revenues in the Algerian economy.

On Econometric side, the study results in a long-term cointegration between the fluctuations in oil revenues and government expenditure.

And then, Test the causalité Granger, there is a correlation between the fluctuations in oil revenues and government spending in the short run.

A possible explanation for this is the nature of Algeria's economy, which relies heavily on the hydrocarbon sector as its main source of income.