Determining The Long-Term Relationship Between Financial Inclusion And Economic Growth In Algeria For The Period 2004-2019: An Econometric Study Using The ARDL Approach

This study aimed to determine the long-term relationship between financial inclusion and economic growth in Algeria for the period 2004-2019. Financial inclusion was measured using two indicators: the first is the banking penetration index (number of commercial bank branches per 100,000 adults), and the second is the financial services index (number of borrowers from commercial banks per 1,000 adults). Economic growth was measured by GDP at constant US dollar prices. Using a set of econometric approaches and tools and relying on the Autoregressive Distributed Lag (ARDL) methodology, we found a long-term equilibrium relationship between financial inclusion and economic growth. We also concluded that changes in the number of bank branches and the number of borrowers are accompanied by changes in economic growth in the same direction.

• financial inclusion
• economic growth
• banking penetration
• bank branch density
• bank borrowers
• Algeria
• long-run relationship

• 8 — العمل اللائق ونمو الاقتصاد

• Microfinance and Financial Inclusion
• Economic Growth and Development
• Monetary Policy and Economic Impact
• financial inclusion
• economic growth
• banking penetration
• bank branch density
• bank borrowers
• Algeria
• long-run relationship
• Economics and Econometrics
• Information Systems
• General Economics, Econometrics and Finance
• Economics, Econometrics and Finance
• Computer Science