International Journal in Management & Social Science
  • Year: 2015
  • Volume: 3
  • Issue: 12

The Impact of External Shocks on The Algerian Export Performance

  • Author:
  • Nadjat Lakhdari1, Abbassia Rechache2, Kamel Si Mohammed1
  • Total Page Count: 5
  • Page Number: 77 to 81

1Department of Economics and Management, Belhadj Bouchaib University-Ain Temouchent, Ain Temouchent, Algeria

2Department of Economics and Management, Djilali Liabes University-Sidi Bel Abbes, Sidi Bel Abbes, Algeria

Online published on 22 June, 2018.

Abstract

The goal of this study is to measure the effect of the External Shocks on the Algerian export performance through an empirical analysis by applying the Vector Error Correction Model VECM. Using quarterly for the period (2002–2013), main results of this study shows that the external shocks (GDP world, euro-dollar exchange rates, oil prices, financial crisis variable) affected on the Algerian exports performance. Test cointegration result establish that there is a relationship between variables estimating in short and long term and Granger causality tests made it clear that two directional flow, at 5% significance level for oil prices and financial crisis to Algerian exports.

Keywords

Financial crisis, Algerian exports, oil, exchange rate, VECM Model