Economic diversification in Algeria: An Application of Autoregressive Distributed Lag (ARDL) Model

Abstract

This article mainly aimed to measuring the impact of economic diversification on economic growth in Algeria, based on annual data covering 1970-2017. By applying the Auto-Regressive Distributed Lag model (ARDL)-(bounds testing approach). The key findings of the study concluded that there is a negative relationship between the lack of diversification and economic growth in the Algerian economy.