Testing the relationship between tourism receipts , economic growth and the real effective exchange rate in Algeria during the period (1995 - 2020) using cointegration and Toda yamamoto causality

Résumé

This study aims to testing and analyzing the relationship between tourism receipts , economic
growth and real effective exchange rate in Algeria over the period (1995 -2020), using
cointegration and toda yamamoto causality test the johansen cointegration test show that a long
run relationship exists between variables, The impact of tourism receipts on economic growth is
about 1.571074 % this effect is statistically significant at 5% level also a significant causal
relationship in the short run is found from LTRSM and LREER to LGDP at 1% and 5 % level of
significant according to toda yamamoto causality test