تطاير أسعار البترول و دورية السياسة المالية في الدول المصدرة للبترول : دراسة حالة الجزائر

الملخص EN

In this paper, we aim to test the impact of oil prices volatility on fiscal policy and find out reasons for procyclicality of fiscal policy in Algeria using annual data over the period 1970-2014.

Our results indicate that the procyclicality of fiscal policy in Algeria, is mainly due to institutional weakness and social inequality represented at inequality in income distribution.

Then, the relationship between oil prices volatility and public spending is an indirect relationship, so we argue that oil price volatility and lower institutions quality, rather than oil abundance per se, weakes economic growth in Algeria.