Investigating the link amongst the main macroeconomic factors, economic growth and crude oil price in Algeria
Joint Authors
Sari Hassun, Salah al-Din
Mikidishi, Muhammad
Source
Issue
Vol. 7, Issue 11 (30 Jun. 2019), pp.109-127, 19 p.
Publisher
University of 20 August 1955 Skikda Faculty of Economic Commerce and Management Sciences
Publication Date
2019-06-30
Country of Publication
Algeria
No. of Pages
19
Main Subjects
Abstract EN
We studied over the period of 1986 – 2016, the impact of crude oil price on economic growth and main macroeconomic factors in Algeria with vector autoregressive model and Granger causality.
The variables were gross domestic product (GDP), gross fixed capital formation (GFCF), gross national expenditure (GNE), consumer price index (Inflation), real effective exchange rate (REER), oil production (OP), oil consumption (OC) and the realized volatility of crude oil price (Cop).
We found unidirectional causality running from (Inflation) to (Cop), and this latest variable is affecting negatively the economic growth and the key macroeconomic factors.
Abstract FRE
On a étudié sur la période 1986-2016, l’effet du prix de pétrole brut sur la croissance économiques (CE) et les facteurs clés macroéconomique (FM) en Algérie avec le modèle de vecteur autorégressive et la causalité au sens de Granger.
Les variables étaient le produit intérieur brut (GDP), la formation du capital fixe brut (GFCF), dépense national brut (GNE), l’indice de prix à la consommation (Inflation), le taux de change effectif réel (REER), production et consommation du pétrole (OP) et (OC), et la volatilité réalisé du prix de pétrole brut (COP).
On a trouvé une relation bidirectionnelle entre (Inflation) et (Cop), cette dernière variable à un effet négatif sur (CE) et (FM).
American Psychological Association (APA)
Sari Hassun, Salah al-Din& Mikidishi, Muhammad. 2019. Investigating the link amongst the main macroeconomic factors, economic growth and crude oil price in Algeria. Economic Researcher Review،Vol. 7, no. 11, pp.109-127.
https://search.emarefa.net/detail/BIM-933672
Modern Language Association (MLA)
Sari Hassun, Salah al-Din& Mikidishi, Muhammad. Investigating the link amongst the main macroeconomic factors, economic growth and crude oil price in Algeria. Economic Researcher Review Vol. 7, no. 11 (2019), pp.109-127.
https://search.emarefa.net/detail/BIM-933672
American Medical Association (AMA)
Sari Hassun, Salah al-Din& Mikidishi, Muhammad. Investigating the link amongst the main macroeconomic factors, economic growth and crude oil price in Algeria. Economic Researcher Review. 2019. Vol. 7, no. 11, pp.109-127.
https://search.emarefa.net/detail/BIM-933672
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 122-127
Record ID
BIM-933672
