العلاقة بين الادخار و الاستثمار في الاقتصاد الجزائري : دراسة قياسية للفترة (1970-2014)‎

الملخص EN

The objective of this paper is to investigat the nature of the relationship between domestic saving rate and domestic investment rate in Algeria during the period (1970- 2014).

This relationship between these vaviables has been widely debated in the empirical literature following the study of (Feldstein and Horioka, 1980) and this paper contributes to this literature.

In order to acheive our objective the empirical analysis was based on cointegration tests of (Engel-Granger, 1987) and (Johansen- Jeselius, 1990), and to analyse the direction of causality between saving and investment we use the test of (Granger, 1969).

The empirical results indicate the absence of long run relationship and causality between domestic saving rate and domestic investment rate in Algerian economy, and we can explain this result by the big dependence on oil and absence of absorption capacity in this economy.