Determinants of economic diversification in Algeria: an econometric & analytical study for the period (2000-2022

Abstract

the aim  of this study was attempt to identify the main driving forces of economic diversification in the Algeria  during the period (2000-2022) using the ARDL model, the analytical study found that economic diversification in Algeria  economy remains below the desired level, the  results of the statistical analysis revealed a statistically significant impact of the total fixed capital, inflation rate, petroleum exports, and non-petroleum exports on economic diversification, while foreign investment did not exhibit a significant impact in the short term,  however in the ling term , only total fixed capital and inflation rate were found to have a significant effect, while the other variables did not show any significant impact.