العلاقة السببية بين الانفتاح التجاري و الاستثمار الأجنبي المباشر في الجزائر خلال الفترة (1990-2019)‎

الملخص EN

This study aimed to test the causal relationship between trade openness and foreign direct investment in the Algerian economy during the period (1990-2019).

The estimation of the Autoregressive Vector Model (VAR) indicated an important positive effect of trade openness on the flow of foreign direct investment, as the test Granger's causation showed that there is a one-way causal relationship that goes from trade openness to foreign direct investment and not vice versa.

On the other hand, Toda Yamamoto's causality test indicates that there is a causal relationship in both directions between trade openness and foreign direct investment.