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La Vulnérabilité Economique de l’Algérie face aux Chocs de prix de pétrole

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  • Kamel Malik BENSAFTA

    (Université de Chlef, Algérie)

Abstract

The purpose of this paper is to look at Algeria's economic vulnerability to oil price shocks. In particular, we seek to measure the impact of oil price shocks on economic sectors. We perform this analysis through structural VAR modeling, in which oil price shocks are identified according to their origin. The main results show several important facts: Negative effect of large size on the hydrocarbons sector; an asymmetry in the impact of shocks, the presence of timing and second-round phenomena, specifically on nonhydrocarbon sectors.

Suggested Citation

  • Kamel Malik BENSAFTA, 2025. "La Vulnérabilité Economique de l’Algérie face aux Chocs de prix de pétrole," Les Cahiers du CEDIMES, Institut CEDIMES, vol. 20(2), pages 55-83.
    • Handle: RePEc:cxb:issued:v20:i2:n04
    DOI: 10.69611/cahiers20-2-04
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    References listed on IDEAS

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    1. Ron Alquist & Lutz Kilian, 2010. "What do we learn from the price of crude oil futures?," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 25(4), pages 539-573.
    2. Allegret, Jean-Pierre & Mignon, Valérie & Sallenave, Audrey, 2015. "Oil price shocks and global imbalances: Lessons from a model with trade and financial interdependencies," Economic Modelling, Elsevier, vol. 49(C), pages 232-247.
    3. Jean-Pierre Allegret & Mohamed Tahar Benkhodja, 2015. "External Shocks and Monetary Policy in an Oil Exporting Economy," Post-Print hal-01385986, HAL.
    4. Arezki, Rabah & Hadri, Kaddour & Loungani, Prakash & Rao, Yao, 2014. "Testing the Prebisch–Singer hypothesis since 1650: Evidence from panel techniques that allow for multiple breaks," Journal of International Money and Finance, Elsevier, vol. 42(C), pages 208-223.
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