Effet Des Régimes De Change Sur Les Variables Macroéconomiques En Algérie

Abstract

The purpose of this research work is to study the effect of the exchange rate regimes adopted by Algeria on the macroeconomic variables essential to the economic Dr. Rafika ZIDAT, Rafika.zidat@univ-bejaia.dz, Laboratoire d’Economie et Développement, Faculté Sciences économiques, commerciales, et des sciences de gestion, Université de Bejaia, Algérie Effet des régimes de change sur les variables macroéconomiques en Algérie Dr. RafikaZidat et Dr. NassiraAmia Revue internationale de la performance économique ISSN: 2661-7161 EISSN:2716-9073 Volume:04 N°:01 Année:2021 P: 173 development, namely: GDP, inflation and unemployment, over the period 1988-2017. That’s why, we, first,used principal component analysis (PCA), in order to highlight important correlations and eliminating redundantvariables.After that, we used linear regression models which allowed us to detect the effects of different exchange rate regimes that Algeria adopted during the period 1988-2017 on GDP, inflation and unemployment. Our contribution therefore, states that the intermediate exchange rate regime (managed float) brings better results in terms of GDP and inflation. Whereas, the rigid exchange rate regime is accompanied by a better performance of unemployment rates.