أثر التقلبات في سعر الصرف الحقيقي للدينار الجزائري مقابل الدولار الأمريكي على التقلبات في النمو الاقتصادي في الجزائر خلال الفترة (1980 – 2019)‎

Abstract EN

This research paper aims to measure the effect of the real exchange rate ER on economic growth and GDP in Algeria during the period (1980 – 2019).

To do this, modern econometric methods were used, as the ARDL model was used.

Through this study, we found a long-term equilibrium relationship between the real exchange rate and economic growth, using the optimal model reached by ARDL (3.2.1.1), and when estimating it, we found that the deviation from the equilibrium is corrected by 31.9% each year, as The results of the long-term model showed a positive relationship between the real exchange rate and economic growth in the long - terms.

In the short term, we found that the error correction coefficient is equal to -0.319 and significant, which indicates that the real exchange rate corrects every year the disturbances in economic growth at an estimated rate of 31,9%