النمذجة القياسية لدور المؤسسات الصغيرة و المتوسطة في تعزيز الصادرات خارج قطاع المحروقات في الجزائر خلال الفترة 2024/1996

Abstract

This study aims to investigate the impact of Small and Medium Enterprises (SMEs) on non￾hydrocarbon exports in Algeria using the Autoregressive Distributed Lag (ARDL) approach, utilizing annual data for the period 1996-2024. The empirical results show that the Error Correction Term (ECT) is negative and statistically significant at -1.18, confirming the existence of a long-run cointegration relationship between non-hydrocarbon exports and SME￾related determinants. The estimation reveals that both export concentration and investment expenditure exert a negative impact on non-hydrocarbon exports, with coefficients of -0.55 and -0.52, respectively. In contrast, domestic credit exhibits a positive relationship with a coefficient of 0.08. These results suggest that while financial support stimulates export growth, structural rigidities and the nature of public investment remain significant barriers to economic diversification in Algeria.