تحليل العلاقة الديناميكية بين الإنفاق العام و النمو الاقتصادي في الجزائر خلال الفترة 2001-2019

الملخص EN

JEL: O40; H5.

This paper examines the relationship between Public Expenditure and Economic Growth In Algeria during the period 2001-2019 by using Johansen Cointegration Test and Granger Causality Test, As a result, Johansen test showed a co-integration relationship between the variables at the level of 5% significance.

The study also indicate that there is a Short-term causality from GDP to equipment expenditure but not the other way around.

That is, an increase in the GDP leads to an increase in aggregate demand, which is what pushes the public authorities to expand public spending to stimulate economic growth, which is in accordance with the Wagner Act (1892).