أثر أسعار النفط على النمو الاقتصادي، و نظرية لعنة الموارد الطبيعية : دراسة مقارنة بين الجزائر و الإمارات العربية المتحدة

الملخص EN

The main objective of this paper is to study the impact of oil prices on the economic growth in Algeria and united Arabic emirates during the period 1990- for the purpose to investigating the presence of what we is known as the “resource curse” The empirical results confirmed the hypothesis of resource curse for Algeria, where the effect of oil prices on the economic growth was negative in the long run, but not for UAE, where the impact was positive and marginal.

The results also showed that oil prices explain 53% of fluctuations in economic growth in Algeria, while this percentage doesn’t exceed .58% for UAE.

This can be attributed to the quality of institutions and business climate in UAE higher than Algeria.