The impact of monetary policy on economic growth in Algeria during the period (1990-2018) : an ARDL bounds test approach
Other Title(s)
أثر السياسة النقدية على النشاط الاقتصادي في الجزائر خلال الفترة (2019-1980) : باستخدام نموذج الانحدار الذاتي للفجوات الزمنية الموزعة المتباطئة
Joint Authors
Sukiur, Fatimah Zahrah
Zarukhi, Fayruz
Maghlawi, Aminah
Source
Issue
Vol. 11, Issue 2 (31 Dec. 2021), pp.113-123, 11 p.
Publisher
University of Eloued Faculty of Economics Commercial and Management Sciences
Publication Date
2021-12-31
Country of Publication
Algeria
No. of Pages
11
Main Subjects
Topics
Abstract EN
The main aim of this study is to investigate the impact of monetary policy on the economic growth by using annual time series data from 1990-2018 in Algeria.
The application of the ARDL model has shown that there is a long run relationship between the monetary policy instruments and the economic growth.
In addition, the results show that the influence of re-discount rate on GDP per capita in Algeria is higher than the influence of the real interest rate and money supply.
According to the result of this study suggests that, the Algeria central bank needs to reconsider to apply on monetary policy to boost economic development, by employ the most effective instrument, as interest rate and the exchange rate rather than purely increase of money supply.
Due to avoid negative impact of hyperinflation in order to maintain the economic stability and economic growth in the long run.
American Psychological Association (APA)
Maghlawi, Aminah& Sukiur, Fatimah Zahrah& Zarukhi, Fayruz. 2021. The impact of monetary policy on economic growth in Algeria during the period (1990-2018) : an ARDL bounds test approach. Economic Visions Review،Vol. 11, no. 2, pp.113-123.
https://search.emarefa.net/detail/BIM-1299908
Modern Language Association (MLA)
Sukiur, Fatimah Zahrah…[et al.]. The impact of monetary policy on economic growth in Algeria during the period (1990-2018) : an ARDL bounds test approach. Economic Visions Review Vol. 11, no. 2 (Dec. 2021), pp.113-123.
https://search.emarefa.net/detail/BIM-1299908
American Medical Association (AMA)
Maghlawi, Aminah& Sukiur, Fatimah Zahrah& Zarukhi, Fayruz. The impact of monetary policy on economic growth in Algeria during the period (1990-2018) : an ARDL bounds test approach. Economic Visions Review. 2021. Vol. 11, no. 2, pp.113-123.
https://search.emarefa.net/detail/BIM-1299908
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 122-123
Record ID
BIM-1299908
