مجلة بحوث الإدارة والاقتصاد
Volume 5, Numéro 3, Pages 281-298
2023-09-10

Determinants Of Exchange Rate Regime Choise In Algeria, Evidence From Binary Logit And Probit Model

Authors : Zerbout Amina . Kara Brahim . Hebbal Adel .

Abstract

Abstract This research studies the determinants of the choice of exchange rate regime in Algeria over the 1980-2021 period . We run logit and Probit regressions using the following variables :, the dummy variable, the exchange rate regime as a dependent variable, the exchange rate, trade openness, inflation rate, foreign exchange reserves and GDP growth rate as independent variables., The results obtained confirmed that exchange rate, the trade openness and the inflation rate have a significant impact on the choise of exchange rate regime for the Algerian economy

Keywords

Exchange rate ; Exchange rate regime ; Logit model ; Probit model ; Algeria