The impact of purchasing power on economic growth rate in Algeria: An econometric study using autoregressive distributed lag model (ARDL) during the period 2001-2020

Authors

  • Fariha Merrad University of Amar Telidji - Laghouat, Algeria
  • Bouchentouf Moulay Mostapha University of Tamanghasset, Algeria
  • Rahima Chekhoum University of Ghardaia, Algeria

Keywords:

Purchasing Power, Price Index at Consumption, Economic Growth

Abstract

This study explores the relationship between purchasing power in Algeria and economic growth throughout the period from 2001 to 2020. Utilizing robust quantitative methodologies, we have developed an econometric model that elucidates the ramifications of fluctuations in purchasing power, as signified by the consumer price index, on the economic growth rate of Algeria. The results demonstrate a marked impact of fluctuations in the Algerian dinar's purchasing power on the country's economic expansion, despite the government's comprehensive subsidy measures covering a broad range of vital goods.

References

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Published

2024-10-01

How to Cite

Merrad, F., Mostapha, B. M., & Chekhoum, R. (2024). The impact of purchasing power on economic growth rate in Algeria: An econometric study using autoregressive distributed lag model (ARDL) during the period 2001-2020. International Journal of Economic Perspectives, 18(10), 1564–1577. Retrieved from https://ijeponline.org/index.php/journal/article/view/658

Issue

Vol. 18 No. 10 (2024): Online First

Section

Peer Review Articles
Copyright & Licensing

Copyright (c) 2024 Fariha Merrad, Bouchentouf Moulay Mostapha, Rahima Chekhoum

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