Factors influencing economic growth in Algeria: analysis of the impact of private sector credit, government spending, and trade openness using the ARDL model
Joint Authors
Zaqrir, Adil
Habib, Karimah
Bil Khair, Nuaymah
Source
Journal of Quantitative Economics Studies
Issue
Vol. 10, Issue 1 (31 Dec. 2024), pp.345-361, 17 p.
Publisher
University Kasdi Merbah Ouargla
Publication Date
2024-12-31
Country of Publication
Algeria
No. of Pages
17
Main Subjects
Abstract EN
Summary: This study examines the factors of economic growth in Algeria, and highlights the impact of Private Credit, government spending, and trade openness on the Algerian economy.
The research aims to analyze and estimate the impact of the mentioned factors on the economic growth in Algeria using the ARDL model.
Annual data were collected for the period from [1980] to [2022], and analyzed using the ARDL model to estimate the relationship between private credit, government spending, trade openness, and economic growth.
The results indicate that the negative impact of credit provided to the private sector on economic growth due to the failure of the Algerian banking system to support the private sector, while the increase in liquid liabilities indicates the inefficiency of channeling financial resources and the reluctance of banks to provide loans.
While government spending negatively affects economic growth despite increased spending, finally, the opening of trade promotes growth but makes the Algerian economy hostage to fluctuations in oil prices.
Based on these results, it is recommended to strengthening the economic environment: improving laws for property rights and anti-corruption, promoting investment in education and information technology, developing banks and financial infrastructure to promote financial inclusion and enhance confidence in the banking system.
American Psychological Association (APA)
Habib, Karimah& Zaqrir, Adil& Bil Khair, Nuaymah. 2024. Factors influencing economic growth in Algeria: analysis of the impact of private sector credit, government spending, and trade openness using the ARDL model. Journal of Quantitative Economics Studies،Vol. 10, no. 1, pp.345-361.
https://search.emarefa.net/detail/BIM-1593166
Modern Language Association (MLA)
Zaqrir, Adil…[et al.]. Factors influencing economic growth in Algeria: analysis of the impact of private sector credit, government spending, and trade openness using the ARDL model. Journal of Quantitative Economics Studies Vol. 10, no. 1 (2024), pp.345-361.
https://search.emarefa.net/detail/BIM-1593166
American Medical Association (AMA)
Habib, Karimah& Zaqrir, Adil& Bil Khair, Nuaymah. Factors influencing economic growth in Algeria: analysis of the impact of private sector credit, government spending, and trade openness using the ARDL model. Journal of Quantitative Economics Studies. 2024. Vol. 10, no. 1, pp.345-361.
https://search.emarefa.net/detail/BIM-1593166
Data Type
Journal Articles
Language
English
Notes
Text in English ; abstracts in Arabic.
Record ID
BIM-1593166