قياس أثر الأزمة النفطية على النمو الاقتصادي في الجزائر: نموذج Nardl للفترة (1970-2019)

Abstract

This study examines the impact of the oil crisis on economic growth in Algeria during the period (1970-2019) using NonLinear Auto-Regressive Distribution lag model. The results of the bounds test indicate the existing of a long-run equilibrium relationship between the study variables, In addition, positive and negative changes in oil prices have a symmetric effect on economic growth in the long run, The results showed that only positive oil prices have a significant impact on economic growth in the short and long term