Economics, Econometrics and Finance
a year ago

High oil prices drive foreign trade changes in Algeria, study finds.

2 views
Finance and Business Economies Review
The Impact of High Oil Prices on Foreign Trade Variables in Algeria: An Empirical Study during the Period (1980-2018) Using the VECM Model
معمر قاوي, السعيد بوشول, بغداد بنين

Paper Summary

High oil prices impact foreign trade in Algeria from 1980 to 2018. The study uses a VECM model to analyze the relationship. Results show that rising oil prices positively affect exports and imports. Oil prices explain most changes in exports and imports, with less impact on the exchange rate. There is a two-way relationship between exports and oil prices, and a one-way relationship from oil prices and exchange rates to imports.

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