أثر سعر الصرف على النمو الاقتصادي في الجزائر لفترة(1990/ 2019)

Abstract

The subject of exchange rate is one of the economic issues that has witnessed a degree of interest and varying studies by scholars. This is due to its influential and important role on economy and economic development, notably in developing countries. The relationship between these two variables urged the elaboration of an econometric study to testify the importance of such duality, using new models. The aim of the present study is to undertake an empirical exercise to quantify the existence of the relationship, if existed, in Algeria during 1990-2019 by applying all statistical tests for of time series analysis (Augmented Dicky-Fuller) for the stability and the other tests the fit the chosen variables. It also applies Johansen method test. This will be done by using Eviews9. The Vector Error Correction Method (VECM) is used in the study since there were a unique relationship of Johansen method of the model. The study, after the rejection of VECM, used Vector Autoregressive Method (VAR) instead. The results expressed that, during 1990-2019, there is a positive impact of the exchange rate over economic growth in Algeria.