The impact of foreign exchange reserves on economic growth in Algeria An Econometric Study for during the period (1998 – 2016)

Abstract

This This study aims to test and estimate the effect of foreign exchange reserves on economic growth in Algeria during the period (1998-2016) using the self-regression model (AR). The results of the standard analysis showed the stability of the time series of the two variables at the first difference using the Philips Byron test. The study found that there is a positive and significant effect of the exchange reserves on economic growth, meaning that foreign exchange reserves contributed to supporting economic growth in Algeria.