Empirical analysis of the relationship between public debts, financial system stability and economic growththe case of Algeria during the period 2000 – 2021

بويعقوب براهيم; بلعباس ايمان

Article Details

Empirical analysis of the relationship between public debts, financial system stability and economic growththe case of Algeria during the period 2000 – 2021

Authors:

بويعقوب براهيم | بلعباس ايمان

Publisher:

Université Abdelhamid Ibn Badis de Mostaganem

Journal:

مجلة الاقتصاد والبيئة Vol.5 Issue 2, pp.561-585

Document Type:

Article

Publication Date:

10/2022

Document Language:

English

Document ID (Org No.):

2001587975

pISSN:

2716-8840

Keywords:

Abstract:

 This paper seeks to empirically explore the relationship between public debts, financial system stability and economic growth in Algeria during the period 2000 - 2021. In particular, it addresses the question of what kind of influence public debts, the banking sector and the financial system has on economic growth in Algeria. The proposed approach is Vector Autoregressive (VAR) modeling, which allows, with the introduction of a minimal number of restrictions, to identify some structural shocks and to derive their effects on aggregate variables. 
The results show that the link between economic growth and public debt is twofold: in the short term, an increase in debt supports domestic demand and growth. The debt and deleveraging cycles are therefore correlated with the economic cycle. Moreover, the impact of the stability of the financial system on economic growth is significant. It facilitates the exchange of goods and services.

Article Details

Empirical analysis of the relationship between public debts, financial system stability and economic growththe case of Algeria during the period 2000 – 2021

Authors:

بويعقوب براهيم | بلعباس ايمان

Publisher:

Université Abdelhamid Ibn Badis de Mostaganem

Journal:

مجلة الاقتصاد والبيئة Vol.5 Issue 2, pp.561-585

Document Type:

Article

Publication Date:

10/2022

Document Language:

English

Document ID (Org No.):

2001587975

pISSN:

2716-8840

financial system

public debts

economic growth

VAR model

Issues

Article Details

Empirical analysis of the relationship between public debts, financial system stability and economic growththe case of Algeria during the period 2000 – 2021

Authors: بويعقوب براهيم | بلعباس ايمان

Publisher: Université Abdelhamid Ibn Badis de Mostaganem

Journal: مجلة الاقتصاد والبيئة Vol.5 Issue 2, pp.561-585

Document Type: Article

Publication Date: 10/2022

Document Language: English

Document ID (Org No.): 2001587975

pISSN: 2716-8840

financial system

public debts

economic growth

VAR model

Issues

Authors:

بويعقوب براهيم | بلعباس ايمان

Publisher:

Université Abdelhamid Ibn Badis de Mostaganem

Journal:

مجلة الاقتصاد والبيئة Vol.5 Issue 2, pp.561-585

Document Type:

Article

Publication Date:

10/2022

Document Language:

English

Document ID (Org No.):

2001587975

pISSN:

2716-8840