Revue des reformes Economique et intégration dans l’économie mondiale
Volume 15, Numéro 2, Pages 354-367
2021-12-30

Measuring The Impact Of The Density Of Insurance On Gdp Per Capita In Algeria Between 1990 And 2018 An Application Of Auto-regressive Distributed Lag (ardl) Bound Testing Approach

Authors : Djorfi Zakaria . Khallout Manal . Hamed Noureddine .

Abstract

The insurance sector in Algeria is known for continuous reforms, considering that the insurance sector has an important role in building the national economy and creating an atmosphere of comfort and reassurance, which increases production efficiency and preserves exploited wealth, and from it contributes more to the accumulation of gross domestic product. This paper aims to examine the impact the of the density of insurance on GDP per capita in Algeria during the period 1990–2018 by applying Auto-Regressive Distributed Lag model (ARDL). The model showed that the current variables are co-integrated. The results suggest that the density of insurance has a positive and significant effect on GDP per capita in the short-run and long-run periods.

Keywords

Density of Insurance ; GDP per capita; ; model (ARDL)