The impact of Public Expenditure on the Economic Growth in Algeria 1997- 2011 A Granger Causality Analysis
Keywords:
Public expenditure, Economic growth, Infrastructures, Demand effect, Externalities JEL Classification, H 5, O 40, H 54, E 12, H 23Abstract
Since the beginning of the last decade, Algeria has experienced a
historical evolution of budget revenues due to the unprecedented increase
in fuel prices in the world market. Consequenly, Algeria applied three
development programs of public investment in infrastructure since 2001. This
development model is different from the model followed during the seventies
of the last century, that is, industrialized industry. It is necessary to emphasize
that public spending has long been considered a traditional tool for economic
recovery during periods of recession, if it is used optimally and efficiently.
This study aims to analyze the impact of public expenditure policy in
Algeria by testing the causal link between public spending and its components
on the one hand and economic growth for the period 1997- 2011 on the other
hand. For this purpose I use the econometrics of time series, and specifically
the Granger causality test. The study concluded that public spending has led
to economic growth and not the opposite, and the same is true about economic
growth and expenditure.
Downloads
Published
How to Cite
Issue
Section
License
- The editorial board confirms its commitment to the intellectual property rights
- Researchers also have to commit to the intellectual property rights.
- The research copyrights and publication are owned by the Journal once the researcher is notified about the approval of the paper. The scientific materials published or approved for publishing in the Journal should not be republished unless a written acknowledgment is obtained by the Deanship of Scientific Research.
- Research papers should not be published or republished unless a written acknowledgement is obtained from the Deanship of Scientific Research.
- The researcher has the right to accredit the research to himself, and to place his name on all the copies, editions and volumes published.
- The author has the right to request the accreditation of the published papers to himself.
_2.png)
_.png)
_2.png)
_1.png)
_.png)
