Impact of public spending programs on economic growth in Algeria using ARDL model- A standard study for the period (1980-2017) -

Abstract

Study aims at highlighting the impact of public spending programs on economic growth in Algeria during the period (1980-2017). For this purpose, model ARDL was used in the long and short term to reach the desired goal. Independent variables have an impact on economic growth as highlighted by many economic theories.

The study concluded that there is a significant inverse relationship between public spending programs and economic growth, which is contrary to economic theories, especially Keynes's theory. Independent variables have a direct impact on economic growth, namely: consumer expenditures, exports and imports.

Keywords: Public expenditure programs, Economic growth, Algerian economy, Cointegration, Model ARDL.