قياس وتحليل أثر العرض النقدي على النمو الاقتصادي في الجزائر، دراسة قياسية للفترة 1990-2020، باستخدام نموذج Ardl

Abstract

This study aims to measure and analyze the impact of money supply on the economic growth in Algeria during the period 1332-2020 .The study has employed the autoregressive distributed lag (ARDL)-bounds testing approach to cointegration and error correction model to investigate the impact of M2 on GDP, The econometrics results showed that there are: a long-term equilibrium relationship between money supply and economic growth, While the elasticity of GDP with respect to the money supply in the long and short term was (0.85) and (0.61) respectively. The error correction coefficient was (-0.75) That is, every deviation in the short term is automatically corrected and absorbed in the long term at a rate of 0.75% per year.