Fiscal Policy And The Impact Of Oil Prices Shocks On Non-oil Gdp In Algeria: Nardl Model.

الملخص

This study employs the NARDL model to investigate the relationship between oil prices, fiscal policy, and non-oil gross domestic product in Algeria. Using annual data from 1970 to 2022. The results show the existence of nonlinear cointegration, revealing differential impacts of positive and negative oil shocks on non-oil GDP. Short- and long-run analyses reveal that both total government revenues and oil price changes affect non-oil GDP.