BibTex RIS Kaynak Göster

Is there a dynamic relationship between the real exchange rate and the fundamental variables on the Case of the Algerian economy?

Yıl 2014, Cilt: 2 Sayı: 2, 1 - 23, 01.04.2014

Öz

The objective of this paper is to test the dynamic relationship between macroeconomic variables for the Algerian economy and the real exchange rate during the period 1986-2010, based on the notions of the theory of cointegration, we will try to estimate a macroeconomic model to analyze the impact of different variables determining the real equilibrium exchange rate RER long-term Algeria. We are trying through this article to estimate the relationships existing between the RER, trade openness Ouvr term exchange TE Have Outside Net NEA and external debt RDET relative to GDP, the net domestic credit and the ratio of expenditure to GDP. We concluded from our study that the external debt RDET, has a significant and positive effect on the long-term real exchange rate. Outside the Net Assets are also significant in determining the real exchange rate equilibrium in Algeria. With an elasticity of 0.0267, its importance is reflected by an increase in the competitiveness of the Algerian economy depreciation of the real exchange rate .

Kaynakça

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Is there a dynamic relationship between the real exchange rate and the fundamental variables on the Case of the Algerian economy?

Yıl 2014, Cilt: 2 Sayı: 2, 1 - 23, 01.04.2014

Öz

The objective of this paper is to test the dynamic relationship between macroeconomic variables for the Algerian economy and the real exchange rate during the period 1986-2010, based on the notions of the theory of cointegration, we will try to estimate a macroeconomic model to analyze the impact of different variables determining the real equilibrium exchange rate RER long-term Algeria. We are trying through this article to estimate the relationships existing between the RER, trade openness Ouvr term exchange TE Have Outside Net NEA and external debt RDET relative to GDP, the net domestic credit and the ratio of expenditure to GDP. We concluded from our study that the external debt RDET, has a significant and positive effect on the long-term real exchange rate. Outside the Net Assets are also significant in determining the real exchange rate equilibrium in Algeria. With an elasticity of 0.0267, its importance is reflected by an increase in the competitiveness of the Algerian economy depreciation of the real exchange rate

Kaynakça

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Toplam 1 adet kaynakça vardır.

Ayrıntılar

Birincil Dil İngilizce
Bölüm Research Article
Yazarlar

Yahia Boucheta Bu kişi benim

Lakhdar Adouka Bu kişi benim

El Mustapha Kchırıd Bu kişi benim

Yayımlanma Tarihi 1 Nisan 2014
Yayımlandığı Sayı Yıl 2014 Cilt: 2 Sayı: 2

Kaynak Göster

ISNAD Boucheta, Yahia vd. “Is There a Dynamic Relationship Between the Real Exchange Rate and the Fundamental Variables on the Case of the Algerian Economy?”. Siyaset, Ekonomi ve Yönetim Araştırmaları Dergisi 2/2 (Nisan 2014), 1-23.