قياس أثر الإنفاق الحكومي الاستهلاكي على معدلات التضخم في الجزائر خلال الفترة 1986-2018

Abstract EN

This study aims to measure the impact of government consumption expenditure on inflation rates in Algeria during the period 1986 to 2018 ; where was relied on variables : inflation rates, government consumption expenditure, money supply, economic growth rate.

the autoregressive distributed lag (ARDL) approach was used for revealing the existence of a long-term equilibrium relationship between these variables.

as it became clear through the study that there is no long-term equilibrium relationship between government consumption expenditure and inflation rates.

this is due to the fact that public expenditure underlined in the government budget, especially during the economic recovery programs for the period 2001-2014, contributed to stimulating effective aggregate demand ; which resulted in an increase in both consumption and public investment in the economic sectors and then an increase in production without causing any increase in the movement of the general level of prices.

it has also been reached that there is no long-term equilibrium relationship between inflation rates and money supply, while there is a long-term equilibrium relationship between inflation rates and the rate of economic growth.