دراسة أثر متغيرات السياسة المالية على النمو الاقتصادي في بعض بلدان الشرق الأوسط و شمال إفريقيا خلال الفترة 1980-2016 باستعمال نموذج PANEL-ARDL

Abstract EN

Our research addresses a very important topic to determine the impact of financial policy variables on economic growth in few countries of MENA, in order to adjust the impact of variables in the short and the long term, we used a set of indicators and different estimation methods appropriate to the PANEL ARDL model.

By estimating the panel ECM, the results of the integrated mean estimators revealed the government revenues and public expenditures percentage of GDP, have respectively modest and negative impacts on economic growth.

Thus, the mixed effect of revenues in these countries is due to the dependence of their economies on limited resources in acquiring most of the revenue.

As for public expenditures, they have negative impact because of the pressures exerted by the conjunctures political and security.