The Effect of Oil Prices Fluctuation on Inflation in Algeria-Using MIDAS Regressions

بن مو فق زروق; خلوط منال; قصري محمد عادل; جرفي زكريا

Article Details

The Effect of Oil Prices Fluctuation on Inflation in Algeria-Using MIDAS Regressions

Authors:

بن مو فق زروق | خلوط منال | قصري محمد عادل | جرفي زكريا

Publisher:

Université Ziane Achour de Djelfa

Journal:

مجلة بحوث الإدارة والاقتصاد Vol.5 Issue 3, pp.630-646

Document Type:

Article

Publication Date:

9/2023

Document Language:

English

Document ID (Org No.):

2001596228

pISSN:

2710-8856

Keywords:

Abstract:

 The purpose of this study is to contribute to the literature by studying the effects of sudden changes in crude oil prices on inflation in Algeria. Since an inflation-targeting regime is being carried out by the Central Bank of Algeria, the determination of such effects is becoming more important. Therefore empirical evidence in this paper proposed MIDAS regressions resorting to Almon Lag Polynomials to determine the nature and strength of the relationship that binds the Oil prices fluctuation to the rate of inflation in Algeria during the period 2010-2022, using the Eviews program 12. 
The result of the empirical analysis reveals the positive impact of the frequency of the high Oil prices (monthly) on the frequency of the low Inflation Rate (quarterly) in Algeria during the period 2010-2022, which concluded that there is an immediate positive effect for  Oil prices in the Inflation variable,  whereas it appears in the larger way after 04 months,  also the findings point to predict of inflation until the second quarter of 2023, according to available information about the Oil prices.

Article Details

The Effect of Oil Prices Fluctuation on Inflation in Algeria-Using MIDAS Regressions

Authors: بن مو فق زروق | خلوط منال | قصري محمد عادل | جرفي زكريا

Publisher: Université Ziane Achour de Djelfa

Journal: مجلة بحوث الإدارة والاقتصاد Vol.5 Issue 3, pp.630-646

Document Type: Article

Publication Date: 9/2023

Document Language: English

Document ID (Org No.): 2001596228

pISSN: 2710-8856

Oil Prices

Inflation

MIDAS

Algeria

Issues

Authors:

بن مو فق زروق | خلوط منال | قصري محمد عادل | جرفي زكريا

Publisher:

Université Ziane Achour de Djelfa

Journal:

مجلة بحوث الإدارة والاقتصاد Vol.5 Issue 3, pp.630-646

Document Type:

Article

Publication Date:

9/2023

Document Language:

English

Document ID (Org No.):

2001596228

pISSN:

2710-8856