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Oil Price Shocks and Algerian Economy: Evidence from the New Economic Model

المصدر: مجلة رؤى اقتصادية
الناشر: جامعة الوادي - كلية العلوم الاقتصادية والتجارية وعلوم التسيير
المؤلف الرئيسي: Seddiki, Safia (Author)
مؤلفين آخرين: Kiheli, Aicha Selma (Co-Author)
المجلد/العدد: مج9, ع1
محكمة: نعم
الدولة: الجزائر
التاريخ الميلادي: 2019
الصفحات: 13 - 26
DOI: 10.37137/1416-009-001-001
ISSN: 2253-0088
رقم MD: 995628
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Oil Shocks | Volatility | Sustainable Development Indicators | Algeria | ARDL
رابط المحتوى:
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المستخلص: This study aims at investigating the existence of a clear relationship between 2014 oil shock and the orientation of Algeria towards implementing more sustainable development programs. To explore this relationship, four sustainable development indicators were used, namely: gross domestic product, CO2 emissions, energy depletion, and unemployment as dependent variables. In addition to, crude oil prices as independent variable. We employ an autoregressive distributor lag (ARDL) approach to test both long and short run relationship between the study variables during the period of 1987 to 2017. The results of the study reveal the existence of an interaction between all variables. These findings can be interpreted as tangible efforts of Algerian government to integrate sustainable development programs to break total dependency to oil revenues.

ISSN: 2253-0088