Oil Price and Dutch Disease: The Case of Algeria

被引：6

作者：

Jbir, R. ^{[1
]}

Zouari-Ghorbel, S. ^{[1
]}

机构：

[1] Fac Sci Econ & Gest Sfax, Dept Sci Econ, Unite Rech MO DEV I 99 UR 0624, Sfax 3018, Tunisia

来源：

ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY | 2011年 / 6卷 / 03期

关键词：

Algeria; Dutch Disease; oil price; VAR model; BOOMING SECTOR; MACROECONOMY; SHOCKS;

D O I：

10.1080/15567240802653993

中图分类号：

TE [石油、天然气工业]; TK [能源与动力工程];

学科分类号：

0807 ; 0820 ;

摘要：

This study examines the effect of recent increases of oil price on the key macroeconomic variables of Algeria. We have used the vectoriels auto-regressifs model with linear and non-linear specifications to analyze the data over the period 1995Q1-2007Q3. The findings indicate that the increase in the inflation rate due to oil price shock is the main cause of the real exchange rate's appreciation in the short term. This real appreciation involves a spending effect which could be at the origin of the Dutch Disease.

引用

页码：280 / 293

页数：14

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