Financial liberalization effect in Algeria during the period 1980-2016: application of the VECM model
Joint Authors
Kerzabi, Dunya
Kirzabi, Zulaykhah Samiyah
Source
Revue Algérien de Développement Économique
Issue
Vol. 9, Issue 2 (31 Dec. 2022), pp.369-379, 11 p.
Publisher
Publication Date
2022-12-31
Country of Publication
Algeria
No. of Pages
11
Main Subjects
Economy and Commerce
Banking and Financial Sciences
Topics
Abstract EN
Since the early 1980s, most developed countries are based on the financial liberalization process to increase their economic growth.
however, this experience is often accompanied by a banking crisis that undermined the objectives of financial liberalization.
the objective of this study is to assess the impact of financial liberalization on the economic growth rates in Algeria, with some financial and macroeconomic conditions.
in the study, we used the cointegration method and the vector error correction model, during the period 1980- 2016.
the results show that there is an inverse relationship between Algeria's financial liberalization policy and its economic growth.
this article also shows that, under certain conditions, more external liberalization is low, more a banking crisis can occur.
with regard to the private loan, it has a negative relationship with economic growth, which indicates that the Algerian government does not provide credit facilities.
the results also indicate a positive relationship between trade openness and economic growth.
American Psychological Association (APA)
Kerzabi, Dunya& Kirzabi, Zulaykhah Samiyah. 2022. Financial liberalization effect in Algeria during the period 1980-2016: application of the VECM model. Revue Algérien de Développement Économique،Vol. 9, no. 2, pp.369-379.
https://search.emarefa.net/detail/BIM-1466782
Modern Language Association (MLA)
Kerzabi, Dunya& Kirzabi, Zulaykhah Samiyah. Financial liberalization effect in Algeria during the period 1980-2016: application of the VECM model. Revue Algérien de Développement Économique Vol. 9, no. 2 (Dec. 2022), pp.369-379.
https://search.emarefa.net/detail/BIM-1466782
American Medical Association (AMA)
Kerzabi, Dunya& Kirzabi, Zulaykhah Samiyah. Financial liberalization effect in Algeria during the period 1980-2016: application of the VECM model. Revue Algérien de Développement Économique. 2022. Vol. 9, no. 2, pp.369-379.
https://search.emarefa.net/detail/BIM-1466782
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 376-377
Record ID
BIM-1466782