A quantitative study of the impact of business climate on tourism investment in Algeria
Keywords:
Tourism Investment, Economic Freedom, Ease of Doing Business, Economic Growth, Human DevelopmentAbstract
The study aimed to know the impact of the business climate on tourism investment in Algeria, based on some business climate indicators represented by the economic growth rate, economic freedom, human development index as independent variables and tourism investment represented by (the added value of the tourism sector) as a dependent variable during the period (1990-2020), using standard methods and building a standard model based on the autoregressive distributed lag (ARDL) model in order to know the relationship between business climate indicators and tourism investment in Algeria. The standard study concluded that there is a joint integration between business climate indicators and tourism investment in Algeria in the long and short term and a positive relationship between the two variables.
References
Alawi, K., Al-Fatlawi, K., & Al-Zubaidi, H. L. (2014). Econometric Measurement: Theory and Analysis. Amman: Dar Al-Safa for Printing, Publishing, and Distribution.
Belatrache, H., & Madjoub, J. (2020). The impact of the business climate on entrepreneurial activity in Algeria: A field study on a sample of entrepreneurs in Ouargla province. Algerian Journal of Economic Development, 07(02), 291.
Belmerdasi, Y., & Yousfi, A. (2020, 12). The role of tourism investment in development. Journal of Economy, Finance, and Business, 05(02), 69.
Ben Nasser, S. A., & Bouzraf, D. (2020, 10). Analysis of the relationship between tourism investment and tourism income in Algeria during the period (1987-2018) using causality and cointegration tests. Majallat Majami' Al-Ma'rifa, 06(02), 2017.
Boudiaf, A., & Brahimi, A. (2019). Analyzing the performance of Algeria’s economy through business climate indicators and its role in attracting foreign direct investment. Journal of Economic Sciences, Management, and Commercial Sciences, 12(02).
Brahimi, K. (2020). Human development and the optimal size of government: An applied study of the case of Algeria during the period 1990–2017. Al-Bahith Magazine(20).
Dahmani, S. (2016). The Effect of Investment Climate on Attracting Foreign Direct Investment: A Comparative Study of Maghreb Countries during 2000–2015. PhD thesis in Economic Sciences. Algiers, Algeria: University of Algiers 3.
Naif, K. L., & Al-Huneiti, H. M. (2017). Testing Kaldor's growth hypothesis in the Jordanian economy. 05(01), 26.
Narayan, P. (2005). The saving and investment nexus for China: Evidence from cointegration tests. Applied Economics, 37(1979-1990), 258.
Obben, J. (1998). The demand for money in Brunei. Asian Economic Journal, 02(12), 109-121.
Oubakhti, N., & Bourish, A. (2021, 06). The impact of the business climate on entrepreneurial intention: Case study of entrepreneurs in the National Agency for Youth Employment Support. Al-Manhal Economic Journal, 04(01), 109.
Souhailia, Y. (2019). The Role of Corporate Governance in Improving the Business Environment and Activating the Stock Market - A Case Study of Emerging Financial Markets. PhD thesis in Economic Sciences. Chlef, Algeria: University of Chlef.
Published
How to Cite
Issue
Section
Copyright (c) 2024 Elhadj Hadji
This work is licensed under a Creative Commons Attribution 4.0 International License.
Allows users to: distribute and copy the article; create extracts, abstracts, and other revised versions, adaptations or derivative works of or from an article (such as a translation); include in a collective work (such as an anthology); and text or data mine the article. These uses are permitted even for commercial purposes, provided the user: gives appropriate credit to the author(s) (with a link to the formal publication through the relevant URL ID); includes a link to the license; indicates if changes were made; and does not represent the author(s) as endorsing the adaptation of the article or modify the article in such a way as to damage the authors' honor or reputation. CC BY