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  • 标题:The relationship between natural resources rents, trade openness and economic growth in Algeria
  • 本地全文:下载
  • 作者:Helmi Hamdi ; Rashid Sbia
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2013
  • 卷号:33
  • 期号:2
  • 页码:1649-1659
  • 出版社:Economics Bulletin
  • 摘要:The aim of this paper is to investigate the dynamic relationship between natural resources rents and Algerian economic growth within a trivariate framework by adding trade openness as a third variable. By using cointegration and error correction model techniques, Granger causality tests reveal a bidirectional causal relationship between natural resources rents and economic growth in the short-run and the long-run as well. Moreover, we found a unidirectional causality running from trade to economic growth without any feedback effect.
  • 关键词:Natural resources rents; Algeria; Trade; Growth; Cointegration; ECT
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