Economic cycles in Algeria and the behavior of macroeconomic variables according to Mel houdrick-Prescott (P.H) During the period 1970-2021

Authors

  • Lyes yahiaoui University of Medea

Keywords:

Mel hodderick-Prescott (P.H), recession, prosperity, Domestic product, economic stability

Abstract

The aim of this research is to study the short-term economic fluctuations in Algeria during the period 1970-2021 and to find out the extent to which macroeconomic variables support them using the Hodrick-Prescott tendency (P.H) the focus was on the components of aggregate demand, where the study was divided into two axes, the first dealt with the intellectual rooting of economic cycles, and the second axis dealt with short-term cycles in Algeria and the extent to which aggregate demand variables support them. The study found that the support of Macroeconomic variables for cyclical fluctuations measured by the correlation between the cyclical trend of real domestic output and the Macroeconomic variables was estimated at 71% for investment, followed by government spending and exports at 62%, then imports at 57%, and less consumption at 54%, and the fluctuations measured by the standard deviation were much larger than the output for both government spending and external demand, the deviation of investment was less than the deviation of output, and consumption fluctuation was greater than output.

Downloads

Download data is not yet available.

Published

06/30/2023

Issue

Section

Articles