The relationship between natural resources rents, trade openness and economic growth in algeria
Helmi Hamdi () and
Rashid Sbia ()
ULB Institutional Repository from ULB -- Universite Libre de Bruxelles
The aim of this paper is to investigate the dynamic relationship between natural resources rents and Algerian economic growth within a trivariate framework by adding trade openness as a third variable. By using cointegration and error correction model techniques, Granger causality tests reveal a bidirectional causal relationship between natural resources rents and economic growth in the short-run and the long-run as well. Moreover, we found a unidirectional causality running from trade to economic growth without any feedback effect.
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Published in: Economics bulletin (2013) v.2 n° 1,p.1650-1659
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Journal Article: The relationship between natural resources rents, trade openness and economic growth in Algeria (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ulb:ulbeco:2013/199932
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