ASSESSING THE FLUCTUATIONS OF MACROECONOMIC AGGREGATES: EVIDENCE FROM ALGERIA
Journal Title: Journal of Empirical Economics and Social Sciences - Year 2019, Vol 1, Issue 1
Abstract
The aim of this study is to examine the origin of fluctuations in macroeconomic variables in Algeria , using time series data over the extended period from 1990 to 2016. The results of principal components analysis indicate that the years from 2002 to 2007 are characterized by an increase in RGDP , exchange rate and exports, this rise due to the improvement of the Algerian economy which hails from the evolution of oil prices, as well as the evolution of the unemployment rate was because of oil prices which have decreased between 1996 and 2000. So changes in the indicators of economic growth are caused by fluctuations in oil prices. And the Granger causality test proves that oil prices cause CPI, exports and unemployment rate. In this case, Algeria must activate the policies of economic diversification and structural transformation to be independent of hydrocarbons , in addition it has to create a sustainable and high growth rates.
Authors and Affiliations
Dahmani MOHAMED DRIOUCHE, Attouchi MANEL
Keywords
Related Articles
- EP ID EP675820
- DOI -
- Views 232
- Downloads 0
ABD’NİN ORTADOĞU’DAKİ EKONOMİK VE ASKERİ GÜVENLİKLEŞTİRMELERİ: 1945-1980 ARASI DÖNEM
Ortadoğu bölgesi 20 yüzyılın başlarından itibaren ABD dış politikasının merkezinde yer almıştır. I. Dünya Savaşından sonra oluşturulan bölgeye yönelik ABD politikaları büyük ölçüde Amerikan petrol şirketlerinin çıkarları...
IS THE STOCK MARKET IN THE PHILIPPINES A LEADING INDICATOR OF ECONOMIC ACTIVITY?
The conventional models for stock pricing are anchored on the assumption that current stock prices are forward looking as they reflect the estimated future earnings of firms. Since expectations of future earnings are in...
HAVA TRAFİK KONTROLÖR PERFORMANSI: BİR ALAN ARAŞTIRMASI
Havacılık sektörü tüm dünyada olduğu gibi ülkemizde de hızlı bir gelişme göstermektedir. Hava trafik sayılarının artması ile birlikte uçuş operasyonlarını yöneten hava trafik kontrolörlerinin performansı daha önemli hale...
KRİPTO PARALARIN DÜNYA EKONOMİSİNDEKİ MAKROEKONOMİK BOYUTU: YATIRIM-TASARRUF ARACI OLARAK GENEL BİR BAKIŞ
Blokzincir teknolojisi ile birlikte Bitcoin ve diğer kripto paralara olan ilgi giderek artmaktadır. Artan ilgi ve taleple beraber blokzincir yeniliğinden farklı bir boyut olarak kripto paraların ekonomik büyüklükleri dik...
ASSESSING THE FLUCTUATIONS OF MACROECONOMIC AGGREGATES: EVIDENCE FROM ALGERIA
The aim of this study is to examine the origin of fluctuations in macroeconomic variables in Algeria , using time series data over the extended period from 1990 to 2016. The results of principal components analysis indic...