أثر الحوكمة على الإستثمار الخاص في الجزائر : دراسة قياسية للفترة (1996-2020)‎ باستخدام نموذج الإنحدار الذاتي للإبطاء الزمني الموزع (ARDL)‎

Abstract EN

This study aimed to measure the impact of the six governance indicators (government effectiveness, control of corruption, voice and accountability, rule of law, regulatory quality and political stability) on private investment in Algeria during the period (1996-2020) using the ARDL model.

The study concluded that there is a short and long term relationship between the variables, where the negative impact outweighed the positive impact, In the short term, both indicators of government effectiveness, In the long term, both the indicators control of corruption and regulatory quality have a negative impact on private investment, while the government effectiveness indicator had a negative impact in period t and a positive impact in period t-1, and the voice and accountability had a Positive impact on private investment, while the rest of the indicators had no impact.