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The Effectiveness of Fiscal Policy in Curbing Inflation Rates: A Standard Study of the Algerian Economy for the Period between 1993 and 2022

المصدر: مجلة بحوث الإدارة والاقتصاد
الناشر: جامعة زيان عاشور بالجلفة - كلية العلوم الاقتصادية والتجارية وعلوم التسيير
المؤلف الرئيسي: Bennafla, Nacera (Author)
مؤلفين آخرين: Yakout, Kadid (Co-Author) , Sid, Hayet (Co-Author)
المجلد/العدد: مج6, ع2
محكمة: نعم
الدولة: الجزائر
التاريخ الميلادي: 2024
الشهر: يونيو
الصفحات: 121 - 141
ISSN: 2676-184x
رقم MD: 1478366
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Fiscal Policy | Inflation | ARDL Model
رابط المحتوى:
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المستخلص: This study examined the application of Auto-regressive distributed lag model (ARDL) bound test on some selected macroeconomic variables spanning from 1990- 2022 obtained from the World Bank, International Monetary Fund, Bank of Algeria. The data were analyzed using the E-views 9.0 software. F-statistic of 5.334538 was found to be higher than the critical value of 2.62 in the Lower Bound I(0) and 3.79 in the Upper bound I(1) at the 5 % level, thus null hypothesis was rejected. ARDL (1,1,0,0,0, 1)was found to be the best fit model for showing a long run and short-run relationship. There is a long-run relationship among INF, DEP, PP, DPI, EX, RO which means that the variables under study are co-integrated. The results showed that the increase in internal debt by 1% will lead to an increase in the inflation rate by 46%, and the tax revenues, there is a positive non-significant effect of 48% in the inflation rate.

ISSN: 2676-184x