US Dollar Dynamics and it Impacts on Algeria Imports from the Eurozone

Kamel Malik Bensafta ()
Additional contact information
Kamel Malik Bensafta: UHBC - Université Hassiba Ben Bouali de Chlef

Working Papers from HAL

Abstract: In this paper, we are interested in estimating the exchange-rate pass-through impact of the US dollar on Algerian imports; an impact of particular importance when it comes to imports emanating from the Eurozone. In 2015, half of the Algerian imports from the euro area were denominated in the European currency. In contrast, Algerian foreign exchange earnings emanate exclusively from hydrocarbon exports, and are hence denominated in US dollars. Our estimates show that a depreciation of the US dollar vis-à-vis the euro results in a significant and proportionate increase in Algerian imports from the Eurozone. This impact is greater in the case of imports emanating from Spain, Germany and Belgium.

Date: 2018
New Economics Papers: this item is included in nep-ara and nep-opm
Note: View the original document on HAL open archive server: https://hal.science/hal-01771863
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://hal.science/hal-01771863/document (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-01771863

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().