المرض الهولندي : دراسة قياسية حالة للجزائر

الملخص EN

The main objective of this study is to investigate the symptoms of the Dutch disease in the Algerian economy during the period 1985- 2013.

The basic model of Spatafora and Warner (1995) is used in this study to confirm the hypothesis that the improvement in the term of trade after the increase of oil prices leads to an appreciation in the real effective exchange rate.

An econometric approach (using Vector Auto-Regression VAR approach) is followed to realize this study.

The results show that the macroeconomic indicators in Algeria point to the presence of the symptoms of the Dutch disease, but these symptoms do not appear on the real effective exchange rate.

The study recommends the need for the creation of appropriate economic policies to achieve stability, to avoid the negative effects caused by the windfall resulting from the increase of oil prices and to avoid the disease.