عناصر مشابهة

An Application of ARDL Bounds Testing Approach to the Estimation of Level Relationship between Inflation, Economic Activity and Oil Price in Algeria

تفصيل البيانات البيبلوغرافية
المصدر:مجلة الدراسات التجارية والاقتصادية المعاصرة
الناشر: جامعة ابن خلدون تيارت - الملحقة الجامعية قصر الشلالة
المؤلف الرئيسي: Attouchi, Manel (مؤلف)
المجلد/العدد:مج4, ع1
محكمة:نعم
الدولة:الجزائر
التاريخ الميلادي:2021
الصفحات:169 - 179
DOI:10.55624/2382-004-001-010
ISSN:2661-7153
رقم MD:1238765
نوع المحتوى: بحوث ومقالات
اللغة:English
قواعد المعلومات:EcoLink
مواضيع:
رابط المحتوى:
الوصف
المستخلص:The present paper analyzes the relationship between CPI, GDP& oil prices by adopting ARDL bounds testing approach in Algeria over the period 1970 - 2018. The findings indicate there isa cointegration relationship between variables, which allows us to estimate the error correction model (ECM), at the short run GDP affects consumer price inflation positively only after one lag period at 1% of significance. While, at the long run both oil prices and GDP have an impact on consumer price inflation and those effects are economically significant. Hence an increase in oil prices in Algeria would raise the volume of exports, which may increase the GDP and subsequently, CPI follows as well.