مجلة دفاتر اقتصادية
Volume 16, Numéro 1, Pages 385-399
2025-05-25
The Impact Of Inflation On Economic Growth In The Arab Maghreb Countries: An Empirical Study
Authors : Dif Fodil Bachir .
Abstract
This study examines the impact of inflation on economic growth in the Maghreb countries (Algeria, Morocco, Tunisia, and Mauritania) during the period 1992 to 2022. This research relied on long-form panel econometric techniques. The results demonstrated that the study variables are in a state of cointegration, which allowed for the estimation of an error correction model. Using the FMOLS method, the study concluded that the estimated sign of the inflation parameter was negative, which is consistent with economic theory. A one-unit increase in the inflation rate leads to a 0.18% decline in economic growth. As for the unemployment rate, its sign was negative, which is also consistent with economic theory. A one-unit increase in the unemployment rate leads to a decline in economic growth by 1.19 units. The estimation result was statistically and economically acceptable.
Keywords
Inflation, economic growth, Maghreb countries, Panel models, FMOLS method
Les articles similaires
بوسالم أحلام
.
عابد يوسف
.
ص 117-132.
Yahia Zeghoudi
.
pages 74-88.
Said Houari Amel
.
pages 257-268.
