تقدير دالة الطلب على النقود في ليبيا : بتطبيق أسلوب ARDL
Other Title(s)
Estimation demand for money function in Libya : an ARDL approach
Author
Source
Issue
Vol. 24, Issue 1-2 (31 Dec. 2016), pp.1-23, 23 p.
Publisher
Publication Date
2016-12-31
Country of Publication
Libya
No. of Pages
23
Main Subjects
Financial and Accounting Sciences
Abstract EN
This study has examined both the determinants and stability of the demand for money function in Libyan economy over period (1985-2010).
We employed ARDL approach to test the long run and short run dynamics.
The ARDL method does not require rule of the same order of integration for variables, unit root pre- testing is not required as well.
According to results we found a long run and short run relationship between money aggregate and independent variables.
therefore all the estimated coefficients of included variables are consistent with economic theory, that is, income elasticity is positive and significance, but inflation and exchange rate have a negative elasticities and significant.
The main conclusion od this study is that, after incorporating the cusum and cusumsq tests reveal that the M1 money demand function is stable over the period under consideration; hence, monetary policy will be effective in managing the economy.
American Psychological Association (APA)
الحوتة، أحمد علي. 2016. تقدير دالة الطلب على النقود في ليبيا : بتطبيق أسلوب ARDL. مجلة البحوث الاقتصادية،مج. 24، ع. 1-2، ص ص. 1-23.
https://search.emarefa.net/detail/BIM-1323275
Modern Language Association (MLA)
الحوتة، أحمد علي. تقدير دالة الطلب على النقود في ليبيا : بتطبيق أسلوب ARDL. مجلة البحوث الاقتصادية مج. 24، ع. 1-2 (2016)، ص ص. 1-23.
https://search.emarefa.net/detail/BIM-1323275
American Medical Association (AMA)
الحوتة، أحمد علي. تقدير دالة الطلب على النقود في ليبيا : بتطبيق أسلوب ARDL. مجلة البحوث الاقتصادية. 2016. مج. 24، ع. 1-2، ص ص. 1-23.
https://search.emarefa.net/detail/BIM-1323275
Data Type
Journal Articles
Language
Arabic
Notes
يتضمن مراجع ببليوجرافية : ص. 19-22
Record ID
BIM-1323275