The Impact of the Exchange Rate on Balance of Payments in Algeria: An ARDL Model Approach
نویسندگان
چکیده
Abstract This study aims at examining the extent to which exchange rate impacts on balance of payments in Algeria (BoP) during period 1980-2019, using Auto-Regressive Distributed Lag (ARDL) model and Error Correction Model (ECM). approach tests presence a long-run relationship between variables.A set relevant variables, addition rate, were used include real interest oil price, GDP per capita, Government expenditure, inflation based previous studies subject. The results indicate existance equilibrium dependent independent variables. has negative impact short-run.
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ژورنال
عنوان ژورنال: Economic Themes
سال: 2022
ISSN: ['0353-8648', '2217-3668']
DOI: https://doi.org/10.2478/ethemes-2022-0006