تحليل العلاقة بين تطور القطاع المالي و النمو الاقتصادي في الجزائر : دراسة قياسية للفترة (1980-2014)‎

الملخص EN

This study aims to examine the short term and long term between financial development (domestic credit and private credit and money supply) and economic growth in Algeria using time serie data for the period 1908-2014.

This analysis is based on the bound testing approach or the autoregressive distributed lag (ARDL) given by Pesaran et al.

(2001).

The empirical results show that a long run cointegration relationship between the variables.

And there is a negative effect of domestic creditprivate sector on economic growth, And a positive effect of money supply on economic growth in the long term and short term.

This result highlights that financial development does not promote economic growth in Algeria.