مجلة الدراسات المالية والمحاسبية والإدارية
Volume 10, Numéro 1, Pages 61-79
2023-06-18

Growth Of Non-oil Sectors, Financial Development, Trade Openness, Var Models.

Authors : Zaid Hizia . Dra Messeaouda Redha . Aboumoussa Ziad .

Abstract

This study examines the relationship between financial development and the growth of non-hydrocarbon sectors in the light of Algeria’s trade openness for the period between 1990-2017. VAR’s model was used to study the sensitivity of growth rates of non-hydrocarbon sectors due to shock in the variables of financial development in the presence of the variables of trade openness. The results showed that the indicators of financial development(FDI) do not have an Immediate effect on the growth rates of non -oil sectors even after a period of time estimated between two and four years, where this impact becomes positive, Compared to the indicator of loans to the private sector, which was relatively weak contribution to the analysis of variance of growth rates of non-oil sectors The Financial intermediate indicator is of great importance in analyzing the variance of growth rates of non-hydrocarbon sectors, In addition, the trade openness indicator had a good contribution to the analysis of variance for non-oil sector growth

Keywords

Growth of non-Oil sectors ; Financial Development ; Trade Openness ; VAR models