Volatilite du taux de change et tourisme en Algerie : (etude a l'aide d'un modele vecm)‎

الملخص EN

This study examines the importance of the nominal exchange rate on the attractiveness of tourists in Algeria, based on data from 1985 to 2017.

A VECM (vector error correction model) based on the variables has been implemented.

Explanatory: nominal exchange rate (GNP) and GDP per capita in the first eight visitor countries of Algeria, and the dependent variable is the number of tourist arrivals in Algeria.

The result of the estimation has shown us that there is a positive effect of the TCN on the number of arrivals.

This means that the depreciation of the TCN encourages the attractiveness of the tourists.

On the other hand, we found a negative effect between GDP per capita in the eight countries and numbers of arrivals, and this is explained by, the improvement of GDP per capita in these eight countries changes the desired destination to another country rather than Algeria.