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This study aims to explain the role of the financial policy in achieving economic stability, through this paper the method of Auto Regressive Distributed Lags models ARDL(p,q1,q2) was applied to build an econometric model for the impact of public expenditure on economic growth in Algeria. The results of the empirical study on the case of Algeria showed that public expenditure contribute to accelerate the rate of economic growth, and that it has a negative impact in the short and long term. [ABSTRACT FROM AUTHOR]

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Copyright of Revue Valaque d'Etudes Economiques is the property of Valahia University of Targoviste and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)