Analysis of the Impact of Budget Deficit on Economic Growth in Algeria:  Between Prosperity and Oil Disillusionment from 1990 to 2022.

MEDJDOUB FATEH, ABBAS ABDELHAFIDH, Khiera Chentouf, Benbekhti  Seyfeddine, KHELASSI OMAR

PDF

Published: Aug 1, 2024

Keywords:

Budget deficit, economic growth, hydrocarbons, ARDL, correlation, Algeria. JEL Classification Cods : C1, E20,H25

MEDJDOUB FATEH, ABBAS ABDELHAFIDH, Khiera Chentouf, Benbekhti Seyfeddine, KHELASSI OMAR

Abstract

The aim of this paper is to quantify the effect of Algeria's budget deficit on economic growth, incorporating other variables that are theoretically considered to have a substantial influence.The research uses the ARDL model for the years 1990-2022. The results show A negative correlation between fiscal deficit and long-term economic growth. Public investment spending has significantly boosted economic growth, especially since the 2000s. The impact of oil taxes
on economic growth is also positive and significant. However, economic growth and fiscal balance remain very sensitive to oil price fluctuations. Therefore, the government is urged to conduct fiscal consolidation to effectively control the deficit and improve the efficiency of investment expenditures, especially those allocated to public infrastructure.

Issue

Vol. 61 No. 8 (2024)

Section

Articles

This work is licensed under a Creative Commons Attribution 4.0 International License.

Announcements

Urgent Regarding ISSN Update

Announcement Date: April 20, 2021

Dear Authors and Researchers,
We would like to inform you that the U.S. ISSN Center at the Library of Congress has confirmed that the correct ISSN number of the Journal Psychology and Education is ISSN 1553-6939. This ISSN is to be used instead of ISSN 0033-3077 which is the ISSN that belongs to the former title, “Psychology.” Each time a journal undergoes a major change of title a new ISSN is assigned. Psychology and Education also has been assigned a Linking ISSN (ISSN-L). The ISSN-L is available for use when there is a need to identify and link to a continuing resource without regard to format, for example in services such as OpenURL, library catalogues, search engines or knowledge bases. The next issue of Psychology and Education will be published with ISSN 1553-6969. But the previous ISSN will be also available in the ISSN Portal to retrieve the record for Psychology because it remains the identifier for the former title Psychology and the articles published under that title.

Imp. Notice

Announcement Date: January 11, 2021

Note: Dear Authors and researchers, We found that some of the organizations or individuals are giving fake acceptance letters on behalf of the journal "PSYCHOLOGY AND EDUCATION" and they are illegally using the logo and signature of the editor. We suggest you to alert from such agents or organizations. We are not responsible for any acceptances provided by any agents regarding journal. Also journal will not take any responsibility for payments made to any such acceptances to third parties, agents or conferences.

Call for Reviewers

Announcement Date: December 23, 2020

Call for Editorial Member/ Reviewers Submitting your Application
If you would like to apply for the position of an Editorial Board Member on the journal, please contact the Editor including your CV and a brief covering letter detailing why you are a suitable candidate, to editor@psychologyandeducation.net. Your cover letter should be no longer than one page and should cover where you believe the research field is going (and the journal's place within it), as well as details of any previous relevant journal editorial and peer review management experience.

Article Sidebar

Main Article Content

Abstract

Article Details