The impact of economic recovery programs on indicators of economic welfare in Algeria -An econometric study using the ARDL model for the period 2000-2020-

Abstract

In light of the financial surpluses that it achieved as a result of the high oil prices, Algeria proceeded to generalize a long-run strategy through the application of an expansionary policy aimed at reviving investment dynamism in a way that would ensure the revival of macroeconomic indicators and work to raise the absorptive efficiency of the Algerian economy. Therefore, This Study aims to determine the short and long-run relationship between public expenditures and per capita gross domestic product (welfare index), during the period 2000-2020, using the ARDL model.  The econometric study concluded that public expenditures have a positive impact on the per capita GDP only in the long run by 55%. In addition to, The estimated model has no econometric problems.