أثر السياسة المالية و النقدية على النمو الاقتصادي : دراسة قياسية لحالة الجزائر (2000-2018)‎

Abstract EN

The objective of this research paper is to highlight the impact of monetary and fiscal policy on economic growth in Algeria, during the period (Q1990: Q4 2018) using the error correction model which includes the following variables: gross domestic product, money supply, public expenditures and the price of oil.

the results of analysis of the impulse response functions have shown that an unexpected shock in the money supply would always a positive effect on the gross domestic product, on the other hand an unexpected shock of public expenditure still has a positive effect on GDP, but with a weak response, which means that the adoption by the Algerian authorities of a Keynesian fiscal policy did not stimulate economic growth during this period, and that most public investment projects that were launched to develop the country's infrastructure did not seem yet their results, because they appear in the long term.