دراسة العلاقة التوازنية بين سعر الصرف الحقيقي، ميزان المدفوعات والنمو الاقتصادي في الجزائر : دراسة قياسية خلال الفترة 1995-2019

الملخص EN

Exchange rate, the balance of payments and economic growth are considered as the most important economic indicators that reflect the economic position of each state in relation to the world economy.

The purpose of this study was to examine the effect of real exchange rate on economic growth and its real impact on the Algerian economy during the period of (1995-2019) which has witnessed several economic reforms and the transition from market-oriented economy to open market with the adoption of managed float regime.

Using Autoregressive Distributed Lag Model (ARDL) with Eviews 10 the results of the study have indicated a negative effect of real effective exchange rate on the balance of payments and economic growth in Algeria with the existence of foreign direct investment, inflation, money supply and public spending as control variables.