العلاقة بين عجز المالي و عجز الحساب الجاري في ظل اقتصاد نفطي حالة الجزائر : دراسة قياسية

Abstract EN

This study aims to study the relationship between the budget deficit, the current account deficit and the price of oil.

For this purpose dynamic models were used to detect this relationship using annual, the results showed that the variables move together in the long term, with a unidirectional causal relationship that goes from budget balance to the current account balance, this means that the budget deficit causes the deficit of the trade balance.

Also the results show that the double deficit hypothesis can not be applied to the concept of the complete theoretical Algerian economy, so see that the current account balance does not respond to exchange rate changes, but largely responds to the oil price evolution, since most of Algeria's exports are oil exports.

This brings the price of oil as an alternative channel for the exchange rate in the transfer of the impact of the current account deficit.