أثر التدفقات المالية الدولية على التنمية الاقتصادية في الجزائر دراسة قياسية باستخدام نموذج ARDL خلال الفترة 1980 – 2021

The impact of international financial flows on economic development in Algeria An econometric study using the ARDL model during the period (1980-2021)

Abstract

This study aims to measure the impact of international financial flows on economic development in the long run in Algeria for the period (1980-2021), using the Autoregressive Lagging Distributed Time Lag (ARDL) model.
The study results concluded that there is a long-term equilibrium relationship between financial flows. International and economic development, as the results of the assessment showed that international financial flows (FDI, FPI, ODA, REM) have a positive and significant impact on economic development (GDPH) in Algeria in the short and long term; Except for the total external debt stock (EXTDS), which has a negative and significant impact on economic development ( GDPH)