The impact of the exchange rate and money supply on the promotion of non-hydrocarbon exports in Algeria during the period (1990-2022)
Abstract
This study aimed to measure the impact of monetary policy tools represented by the exchange rate and the money supply in its broad sense in promoting non-hydrocarbon exports in Algeria during the period 1990-2022, based on the FARDL model. The study concluded that there is a long-term equilibrium relationship between the study variables; as the increase in the money supply leads to an increase in non-hydrocarbon exports, while there is a negative impact of the exchange rate in promoting non-hydrocarbon exports.
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