Main Article Content
This Paper empirically examines the impact of Financial development and Trade openness on economic growth in Algeria, for the period1970-2018 The analysis is based on ARDL Approach, in addition to studying the causal Relationship between financial development, Trade openness and economic growth. The Empirical results indicate that The ratio of broad money to GDP and trade openness, which have a positive effect on economic growth in the short and long-run, and It has also been found that domestic investissement, private credit and oil prices do not enhance economic growth. Moreover, the results indicate that there is a causal relationship in one direction that goes from growth to Trade openness and financial development. The error correction rate of 16.92% indicates a slowdown in adjustment towards long-run balance.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.