أثر التقلبات غير المتماثلة لأسعار النفط على الإنفاق الحكومي في الجزائر

Abstract EN

This study aims to find out and analyze the impact of asymmetric oil prices on the size of government spending in Algeria during the period 1980-2018 by employing Non-Linear Auto-Regressive Distribution Lag (NARDL) model, depending on the annual data of the Algerian economy.

It was used both causal GRANGER and Toda and Yamamoto to know the type and the nature of the relationship between the variables in the short and long term.

The study found a relationship in the short and long term between oil prices and government spending, as high oil prices lead to increased spending, and thus the government to pursue an expansionary policy.

While lower oil prices lead to increased spending but is less compared to the increase in the case.

This is a result of following the government's policy of streamlining and rationalizing public expenditure.