قياس أثر سعر الصرف والاستثمار الأجنبي المباشر على احتياطي الصرف الأجنبي في الجزائر خلال الفترة 1990-2020 باستخدام نموذج ARDL

الملخص EN

This study aims to analyze the short and long-run dynamic relationship between the exchange rate and foreign direct investment as determinants of foreign exchange reserves in Algeria during the period 1990-2020, using the ARDL model.

the study concluded that there is a negative and positive effect of the exchange rate on foreign direct investment on the foreign exchange reserves in Algeria in the short and long runs, in addition to the absence of the problem of self-correlation of errors with their stability over time.