Study of the asymmetric effects of the determinants of foreign direct investment in Algeria using the method of nonlinear autoregressive distributed lag (NARDL)‎ during the period (1970-2018)‎

الملخص EN

The study is aimed to show the most important determinants of foreign direct investment in Algeria as well as the standard modeling that links to their relationship during the period (1970-2018).

In order to address the problematic of the research and test its hypotheses, Eviews Economic Measurement Program was used to estimate the model and reveal the existence of a common integration between foreign direct investment and its main determinants according to the method of Nonlinear Autoregressive Distributed Lag (NARDL).

The results of the tests concluded that there is a long-term balance relationship as well as an asymmetry between the size and determinants of foreign direct investment inflows, which are inflation, exchange rate, economic growth rate, population census, and external debt stocks in Algeria during the studied period.