Todo-yamamoto causality approach to investigate the relationship : between exchange rate and its determinants in Algeria
Other Title(s)
دراسة العلاقة السببية بين سعر الصرف و محدداته في الجزائر باستخدام منهجية Todo-Yamamoto
Joint Authors
Dahmani, Maryam
Bin Buziani, Muhammad
Source
Issue
Vol. 13, Issue 5 (31 Oct. 2021), pp.20-32, 13 p.
Publisher
Ziane Achour University of Djelfa
Publication Date
2021-10-31
Country of Publication
Algeria
No. of Pages
13
Main Subjects
Economics & Business Administration
Topics
Abstract AR
تهدف هذه الدراسة الى تحديد طبيعة العلاقة السببية بين سعر صرف الدينار الجزائري مقابل الدولار و محدداته، و هي كالتالي الكتلة النقدية، ميزان المدفوعات و احتياطي الصرف من خلال دراسة قياسية باستخدام اختبار Todo-Yamamoto Causality و الاعتماد على بيانات سنوية من 1999 الى 2018.
اظهرت النتائج انه توجد علاقة سببية احادية الاتجاه من كل من ميزان المدفوعات و احتياطي الصرف الى سعر صرف الدينار مقابل الدولار في حين انعدام وجود علاقة سببية بين الكتلة النقدية و سعر صرف الدينار مقابل الدولار.
Abstract EN
The goal of this study is to investigate the causal relationship between Algerian Dinar exchange rate/US Dollar and its determinants, which are monetary mass (MM), balance of payments (BoP) and exchange reserve (EXR) through an empirical analysis using Todo-Yamamoto causality upon annual data for the period 1999-2018.
Results show that the existence of a unidirectional causality from balance of payments and exchange reserve to Algerian Dinar exchange rate/US Dollar respectively.
Whereas, there is no causal relationship between monetary mass and Algerian Dinar exchange rate/US Dollar.
American Psychological Association (APA)
Dahmani, Maryam& Bin Buziani, Muhammad. 2021. Todo-yamamoto causality approach to investigate the relationship : between exchange rate and its determinants in Algeria. Études et Recherches،Vol. 13, no. 5, pp.20-32.
https://search.emarefa.net/detail/BIM-1285244
Modern Language Association (MLA)
Dahmani, Maryam& Bin Buziani, Muhammad. Todo-yamamoto causality approach to investigate the relationship : between exchange rate and its determinants in Algeria. Études et Recherches Vol. 13, no. 5 (Oct. 2021), pp.20-32.
https://search.emarefa.net/detail/BIM-1285244
American Medical Association (AMA)
Dahmani, Maryam& Bin Buziani, Muhammad. Todo-yamamoto causality approach to investigate the relationship : between exchange rate and its determinants in Algeria. Études et Recherches. 2021. Vol. 13, no. 5, pp.20-32.
https://search.emarefa.net/detail/BIM-1285244
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 31-32
Record ID
BIM-1285244
