Financial sector development and economic growth in Algeria : an ARDL bounds testing approach 1980-2017
Joint Authors
Shibi, Abd al-Rahim
Fahsi, Zaynab
Source
Issue
Vol. 9, Issue 1 (31 Jul. 2019), pp.53-64, 12 p.
Publisher
University of Eloued Faculty of Economics Commercial and Management Sciences
Publication Date
2019-07-31
Country of Publication
Algeria
No. of Pages
12
Main Subjects
Topics
Abstract EN
This study empirically examines the relationship between financial sector development and economic growth in Algeria over the period 1980–2017 using the auto-regressive distributed lag approach to co-integration analysis, depending on real gross domestic product per capita as a dependent variable, broad money and domestic credit to private sector as a measure of financial development.
Our results reveal that the relationship between financial development and economic growth in Algeria is not significantly different from what has been observed generally in oil-dependent economies.
The finance-growth relation in Algeria is found to be insignificantly positive.
These findings suggest a dire need for financial reforms in Algeria in order to improve efficiency in the financial sector so as to stimulate investment and saving and thus, long-term economic growth.
American Psychological Association (APA)
Fahsi, Zaynab& Shibi, Abd al-Rahim. 2019. Financial sector development and economic growth in Algeria : an ARDL bounds testing approach 1980-2017. Economic Visions Review،Vol. 9, no. 1, pp.53-64.
https://search.emarefa.net/detail/BIM-890609
Modern Language Association (MLA)
Fahsi, Zaynab& Shibi, Abd al-Rahim. Financial sector development and economic growth in Algeria : an ARDL bounds testing approach 1980-2017. Economic Visions Review Vol. 9, no. 1 (Jul. 2019), pp.53-64.
https://search.emarefa.net/detail/BIM-890609
American Medical Association (AMA)
Fahsi, Zaynab& Shibi, Abd al-Rahim. Financial sector development and economic growth in Algeria : an ARDL bounds testing approach 1980-2017. Economic Visions Review. 2019. Vol. 9, no. 1, pp.53-64.
https://search.emarefa.net/detail/BIM-890609
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 61-64
Record ID
BIM-890609