أثرالنشاط التأميني على النموالاقتصادي باستعمال منهج الانحدارالذاتي لفترات الإبطاء المو ّزعة في الجزائر

Abstract

This paper examines the relationship between financial development and economic growth for the Algerian economy in the short and long –run over the period 1992-2014, This analysis is based on the Autoregressive distributed lag (ARDL) approach given by (Pesaran et al,2001). And the Unrestricted Error Correction Model (UECM). The cointegration test indicates the existence of a long- run relationship between insurance industry and economic growth. The study showed a negative effect of life insurance penetration on economic growth in the long term and short term, and the existence of a positive impact of non-life insurance penetration on economic growth, Therefore the finding of this study does strongly support the view that economic growth enhance insurance industry In Algeria.