The objective of this paper is to test the dynamic relationship between macroeconomic variables for the Algerian economy and the real exchange rate during the period 1986-2010, based on the notions of the theory of cointegration, we will try to estimate a macroeconomic model to analyze the impact of different variables determining the real equilibrium exchange rate RER long-term Algeria. We are trying through this article to estimate the relationships existing between the RER, trade openness Ouvr term exchange TE Have Outside Net NEA and external debt RDET relative to GDP, the net domestic credit and the ratio of expenditure to GDP. We concluded from our study that the external debt RDET, has a significant and positive effect on the long-term real exchange rate. Outside the Net Assets are also significant in determining the real exchange rate equilibrium in Algeria. With an elasticity of 0.0267, its importance is reflected by an increase in the competitiveness of the Algerian economy depreciation of the real exchange rate .

Anahtar Kelimeler:
##
.

The objective of this paper is to test the dynamic relationship between macroeconomic variables for the Algerian economy and the real exchange rate during the period 1986-2010, based on the notions of the theory of cointegration, we will try to estimate a macroeconomic model to analyze the impact of different variables determining the real equilibrium exchange rate RER long-term Algeria. We are trying through this article to estimate the relationships existing between the RER, trade openness Ouvr term exchange TE Have Outside Net NEA and external debt RDET relative to GDP, the net domestic credit and the ratio of expenditure to GDP. We concluded from our study that the external debt RDET, has a significant and positive effect on the long-term real exchange rate. Outside the Net Assets are also significant in determining the real exchange rate equilibrium in Algeria. With an elasticity of 0.0267, its importance is reflected by an increase in the competitiveness of the Algerian economy depreciation of the real exchange rate

Keywords:
##
TCR,
cointegration,
stationarity,
ECM

7132 3159

ArşivSayıdaki Diğer Makaleler

Sosyal Dışlanma ve Avrupa Birliği Yaklaşımı

Sinem YILDIRIMALP

Yahia BOUCHETA, Lakhdar ADOUKA, El Mustapha KCHIRID

Murat USTAOĞLU

Kitap Tanıtımı: Dan Ariely, Akıldışı Ama Öngörülebilir

Furkan BEŞEL

Türkiye’de Eğitim Harcamaları ve Ekonomik Büyüme Arasındaki İlişki: ARDL Sınır Testi Yaklaşımı

Mürüvvet PAMUK, Hakan BEKTAŞ

The Effect of Informal Economy on the European Debt Crisis

Mehmet SARAÇ, Remzi BAŞAR

İndirgenmiş Nakit Akış ve Göreceli Değerleme Yöntemlerinin Karşılaştırılması

Hakan BİLİR, İhsan KULALI

Sosyal Devlet Anlayışı Çerçevesinde Türkiye’de Sosyal Koruma Harcamalarının Gelişimi ve Yoksulluk

Gül KAYALIDERE, Hande ŞAHİN