Aida LIAS (2023) أثر تقلبات أسعار النفط العالمية على ميزان المدفوعات الجزاري دراسة قياسية خلال الفترة 1990-2020. university of souk ahras
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Abstract
Abstract:
Our objective through this study is to address the impact of global oil price volatility on the Algerian balance of payments as well as to analyse the relationship between the study\'s variables by drawing on annual data for the period from (1990-2020), to achieve this goal, the descriptive and analytical curriculum, and the standard curriculum were used using the 9Eviews programme represented in (ECM error correction model). The results of the study, through causation and joint integration testing, found that the relationship of global oil prices towards the Algerian balance of payments was an impact on one direction of global oil prices towards the Algerian balance of payments. The study also indicated that there was a negative and moral C1 error correction factor. (-0.1621) Which means a long-term balance-of-payments relationship with global oil price volatility, i.e. in the long term, oil price volatility explains 16.21% of Algeria\'s balance-of-payments change. One of the study recommendations for creating new sources of income in the Algerian economy is the promotion of non-oil exports by encouraging the agriculture, tourism, industry and services sectors; An addition to the promotion of migrants\' remittances; Promote the establishment of free zones; Supporting SMEs to penetrate international markets, establishing stabilization and savings funds.
Keywords: Oil - Global Oil Prices - Balance of Payments - Algeria\'s Economy
Our objective through this study is to address the impact of global oil price volatility on the Algerian balance of payments as well as to analyse the relationship between the study\'s variables by drawing on annual data for the period from (1990-2020), to achieve this goal, the descriptive and analytical curriculum, and the standard curriculum were used using the 9Eviews programme represented in (ECM error correction model). The results of the study, through causation and joint integration testing, found that the relationship of global oil prices towards the Algerian balance of payments was an impact on one direction of global oil prices towards the Algerian balance of payments. The study also indicated that there was a negative and moral C1 error correction factor. (-0.1621) Which means a long-term balance-of-payments relationship with global oil price volatility, i.e. in the long term, oil price volatility explains 16.21% of Algeria\'s balance-of-payments change. One of the study recommendations for creating new sources of income in the Algerian economy is the promotion of non-oil exports by encouraging the agriculture, tourism, industry and services sectors; An addition to the promotion of migrants\' remittances; Promote the establishment of free zones; Supporting SMEs to penetrate international markets, establishing stabilization and savings funds.
Keywords: Oil - Global Oil Prices - Balance of Payments - Algeria\'s Economy
Information
| Item Type | Thesis |
|---|---|
| Divisions |
» Faculty of Economic, Commercial and Management Sciences |
| ePrint ID | 3801 |
| Date Deposited | 2023-04-09 |
| Further Information | Google Scholar |
| URI | https://univ-soukahras.dz/en/publication/article/3801 |
BibTex
@phdthesis{uniusa3801,
title={أثر تقلبات أسعار النفط العالمية على ميزان المدفوعات الجزاري دراسة قياسية خلال الفترة 1990-2020},
author={Aida LIAS},
year={2023},
school={university of souk ahras}
}
title={أثر تقلبات أسعار النفط العالمية على ميزان المدفوعات الجزاري دراسة قياسية خلال الفترة 1990-2020},
author={Aida LIAS},
year={2023},
school={university of souk ahras}
}