Revue Finance & marchés
Volume 12, Numéro 2, Pages 118-136
2025-09-21

The Role Of Tourism Investment In Shaping Algeria’s Economic And Sustainable Development Trajectory: An Econometric Approach

Authors : Merras Mohammed . Elmogherbi Salima .

Abstract

This study examines the role of tourism investment in fostering sustainable economic growth in Algeria, with a specific focus on the Horizon 2025 national strategy. It combines a theoretical framework with an empirical approach, utilizing econometric models based on the Ordinary Least Squares (OLS) method and the Granger causality test. The objective is to analyze the relationship between the development of the tourism sector and key indicators of economic and sustainable development The findings indicate that despite substantial public investment, the tourism sector remains underutilized, showing no significant statistical correlation with most sustainable development indicators. These results suggest the need for a more coherent tourism policy aligned with long-term economic goals.

Keywords

Sustainable growth ; Tourism ; Granger causality ; least squares method