التعديل الغير متماثل للنفقات و الإيرادات الحكومية على الميزانية في الجزائر : اختبار عتبة التكامل المشترك غير الخطي باستخدام نماذج العتبة و عتبة الدفع

Abstract EN

This paper studies the asymmetric relationship between government expenditures and revenues in Algeria over the period of 1970– 2017.

The study used the TAR and MTAR models and asymmetric ECM.

In the long run, the empirical results of cointegration and asymmetric adjustment show that a return to equilibrium is faster when the budget is improving than when it is worsening.

The results obtained from the asymmetric ECM indicate that the level of government spending determines the level of revenue, its means that the short-run adjustment is mainly done by changes in government spending.