Open AccessThe Impact of the Tourism Sector on Economic Growth in Algeria: An Analytical and Econometric Study (1990-2014)
Author(s) -
Rabeh Menacer,
Amrane Becherair
Publication year - 2019
Publication title -
mağallaẗ buḥūṯ al-idāraẗ wa al-iqtiṣād
Language(s) - English
Resource type - Journals
eISSN - 2710-8856
pISSN - 2676-184X
DOI - 10.48100/merj.v1i1.21
Subject(s) - tourism , unemployment , neglect , economics , revenue , causation , econometric model , economy , economic sector , economic impact analysis , financial sector , economic geography , development economics , macroeconomics , geography , econometrics , finance , political science , microeconomics , medicine , nursing , archaeology , law
The tourism sector is characterized by rapid and large financial flows, as well as job opportunities that can solve the problem of unemployment prevalent in societies to achieve development. The article addresses the impact of tourism revenues on economic growth in Algeria using the VAR model and causation test in 1997-2014. The objective of our study is to evaluate the tourism activity of Algeria and analyze the relationship between it and some variables related to growth. Our results suggest that there is no significant effect on the growth and expressed by the local product, due to the neglect of the investments side of the tourism so that the Algerian economy remains dependent on the hydrocarbons sector.