أثر تقلبات أسعار النفط على حركة رؤوس الأموال الدولية في الجزائر

الملخص EN

The study aimed to measure the impact of oil price fluctuations on the movement of international capital in Algeria, based on annual data for the period between 1980-2019.

to achieve this goal, the autoregressive model “VAR” was used.

the study found that fluctuations in oil prices contribute to explaining 51% of the changes in capital movement, where we recorded an increase in it in the short term as a result of creating a shock in oil prices, with the absence of a joint integration relationship between the two variables in the long term, which indicates the absence of a clear strategy and political will to exploit the positive oil price leap in order to create economic diversification that rid the country of oil dependency.