Determinants of Domestic Saving in the Algerian Economy - An Econometric Study During the Period (1970-2015) -

Abstract

The study aimed to research in the determinants of local savings in the Algerian economy during the period (2015/1970). The Econometric study showed the growth of GDP rate for the current period compared to the preceding period; the state budget balance; the current account balance; oil prices and the average of savings rate to the previous period, had a clear impact on the determinants of domestic savings in Algeria. The other estimated models results also indicated that the rate of domestic savings has a positively relationship with the growth rate of per to the capita real GDP, as opposed it has an inverse relationship with credit granted to the private sector. It was also found that the rate of savings is not sensitive to real interest prices, and to the inflation rates also, or even to the other variables, This was during the period of the study, because of the low in their statistical impact, where it was found that the statistical significance of these variables is weak at the level of Morality 5% and 10%.