مجلة الباحث
Volume 19, Numéro 1, Pages 591-602
2019-12-29

The Impact Of Financial Development Indicators On Real Gdp In Algeria A Standard Study During The Period 1990-2017

Authors : َazzazi Farida . Brakni Soumia .

Abstract

The study aims to analyse the influence of financial development indicators on real GDP in Algeria during the period 1990-2017.The ARDL approach was employed to estimate the model, in the long-run the results showed that only the ratio of private sector credit to GDP was significant and negative, meaning that the influence of the private sector on real GDP is very weak. And the error correction model results showed that the real GDP converges on its long-run equilibrium by 113.8% in one period (a year), so the equilibrium in the long-run will be attained before one year.

Keywords

Financial system; Financial development; Economic growth; Algeria; ARDL approach.