Topics in Middle Eastern and North African Economies
Document Type
Article
Publication Date
9-1-2016
Journal Title
Topics in Middle Eastern and North African Economies
Volume
18
Issue
2
Publisher
Middle East Economic Association and Loyola University Chicago
Abstract
This study examined the relationship between oil price changes and inflation rate in Algeria from 1970 – 2014. The study method that able to capture for asymmetries in the relationship between oil price and inflation known as nonlinear autoregressive distributed lags (NARDL). The estimated model revealed the existence of nonlinear effect of oil price on inflation. Specifically, we found a significant relation between oil price increases and inflation rate, whereas, a significant relation between oil price reduction and the inflation was absent.
ISSN
2334-282X
Recommended Citation
Lacheheb, Miloud and Sirag, Abdalla, "Oil price and inflation in Algeria: A nonlinear ARDL approach". Topics in Middle Eastern and North African Economies, electronic journal, 18, 2, Middle East Economic Association and Loyola University Chicago, 2016, http://www.luc.edu/orgs/meea/
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Copyright Statement
© 2016 The Authors
Comments
Presentation of the articles in the Topics in Middle Eastern and North African Economies was made possible by a limited license granted to Loyola University Chicago and Middle East Economics Association from the authors who have retained all copyrights in the articles.