اختلال سعر الصرف الحقيقي للدينار الجزائري عن مستواه التوازني (1980-2015)
Author
Source
Issue
Vol. 2017, Issue 5 (31 Dec. 2017), pp.222-236, 15 p.
Publisher
University Center Nour Bachir El-Bayadh
Publication Date
2017-12-31
Country of Publication
Algeria
No. of Pages
15
Main Subjects
Abstract EN
This paper examines the real exchange rate's behavior in Algeria in an attempt to estimate the misalignement of the real exchange rate from its equilibrium level in Algeria during the period 1980-2015.To do this, we first used the co-integration method in order to see whether there is a long run relationship between the ERER and its fundamentals and our findings showed that there are 02 cointegration's vectors.
The estimation of the regression equation for the long term showed that every increase of 01% in productivity differences, terms of trade, openness of trade, government spendingwould lead to a decline in the equilibrium real exchange rate by 2.80%, 1.77%, 4.74%, and 3.20% respectively.
While every increase of 01% in the oil's real price will increase the equilibrium real exchange rate by 02.68%.
Secondly, we determined the misalignement of real exchange rate of the Dinar from its equilibrium value, which enabled us to discover and analyze the imbalances in the national currency, which confirms that the exchange policy adopted in Algeria led to a significant imbalance in the real exchange rate, causing negative effects on the Algerian economy
American Psychological Association (APA)
بنو جعفر، عائشة. 2017. اختلال سعر الصرف الحقيقي للدينار الجزائري عن مستواه التوازني (1980-2015). مجلة نور للدراسات الاقتصادية،مج. 2017، ع. 5، ص ص. 222-236.
https://search.emarefa.net/detail/BIM-858001
Modern Language Association (MLA)
بنو جعفر، عائشة. اختلال سعر الصرف الحقيقي للدينار الجزائري عن مستواه التوازني (1980-2015). مجلة نور للدراسات الاقتصادية ع. 5 (كانون الأول 2017)، ص ص. 222-236.
https://search.emarefa.net/detail/BIM-858001
American Medical Association (AMA)
بنو جعفر، عائشة. اختلال سعر الصرف الحقيقي للدينار الجزائري عن مستواه التوازني (1980-2015). مجلة نور للدراسات الاقتصادية. 2017. مج. 2017، ع. 5، ص ص. 222-236.
https://search.emarefa.net/detail/BIM-858001
Data Type
Journal Articles
Language
Arabic
Notes
يتضمن مراجع ببليوجرافية : ص. 236
Record ID
BIM-858001