الآثار الاقتصادية الكلية لصدمات سعر النفط : دراسة قياسية لحالة الجزائر خلال الفترة 1985-2015 باستخدام نموذج SVAR

Abstract EN

The oil price is considered as a major contributor to macroecomic fluctuations.

this study aim to examine the impact of oil price shocks in international markets on Algeria's macroeconomic performance, by studying the impact of oil prices on real gdp, budget deficit, trade balance, real exchange rate and foreign direct investment.

using structural vector autoregressions model svar, using annual data for time series between 1985 and 2015.

the results of the impulse response functions test indicated that a structural shock in the oil price would negatively affect Algeria's macroeconomic performance.

the fingings showed that the budget deficit and the trade balance were effected significantly for decline oil prices.