How far does the central bank influence its economies? The example of Algeria
This study focused on Algeria and it looked at how education quality affected the knowledge economy. The theoretical anchor was the endogenous or new growth hypothesis. Secondary sources were used to get panel-structured data that spanned 48 Algerian provinces in 22 years (1999–2020). The equations...
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| Format: | Article |
| Language: | English |
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The Academic Research and Publishing UG (i. G.) (AR&P) LLC
2023-06-01
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| Series: | SocioEconomic Challenges |
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| Online Access: | https://armgpublishing.com/wp-content/uploads/2023/07/SEC_2_2023_4.pdf |
| _version_ | 1827825972441776128 |
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| author | Abdelkrim Messaoudi Fatima Zohra Derbal Meriem Hasnaoui Hadjer Belhamidi |
| author_facet | Abdelkrim Messaoudi Fatima Zohra Derbal Meriem Hasnaoui Hadjer Belhamidi |
| author_sort | Abdelkrim Messaoudi |
| collection | DOAJ |
| description | This study focused on Algeria and it looked at how education quality affected the knowledge economy. The theoretical anchor was the endogenous or new growth hypothesis. Secondary sources were used to get panel-structured data that spanned 48 Algerian provinces in 22 years (1999–2020). The equations were estimated using the fixed-random effect model and Hausman test, Also the Kao (Engle Ganger-based) cointegration test proved that the series did indeed have a long-run connection. The findings indicated that the knowledge economy was boosted by a rise in students' Baccalaureate and Intermediate test success rates. This is due to the fact that a rise in exam success rates indicates that individuals at various educational levels are now receiving education of a higher caliber, and the economy depends on this caliber of education. The rise in students and professors is a sign that there are more knowledgeable people and specialized educators accessible to fuel the knowledge economy. As more educated citizens pass their exams and graduate from college, they are hired from the labor market into industries as significant production factors whose skills, values, and knowledge acquired through specialized training are expected to promote machine handling and coordination of other human and nonhuman production factors to fuel the knowledge economy. Teachers should be provided with ongoing professional development opportunities to help them provide instruction at all educational levels, according to a recommendation. This would improve their ability to educate and inspire students and help them do better on their intermediate and baccalaureate exams. |
| first_indexed | 2024-03-12T02:58:46Z |
| format | Article |
| id | doaj.art-10717bfe5c5b49e69e76f1c1224ce3bd |
| institution | Directory Open Access Journal |
| issn | 2520-6621 2520-6214 |
| language | English |
| last_indexed | 2024-03-12T02:58:46Z |
| publishDate | 2023-06-01 |
| publisher | The Academic Research and Publishing UG (i. G.) (AR&P) LLC |
| record_format | Article |
| series | SocioEconomic Challenges |
| spelling | doaj.art-10717bfe5c5b49e69e76f1c1224ce3bd2023-09-03T15:04:18ZengThe Academic Research and Publishing UG (i. G.) (AR&P) LLCSocioEconomic Challenges2520-66212520-62142023-06-0172455310.21272/sec.7(2).45-53.2023How far does the central bank influence its economies? The example of AlgeriaAbdelkrim Messaoudi0https://orcid.org/0000-0001-6934-4379Fatima Zohra Derbal1https://orcid.org/0009-0009-5686-221XMeriem Hasnaoui2https://orcid.org/0009-0003-8810-8736Hadjer Belhamidi3https://orcid.org/0000-0002-9190-1431Associate Professor, Algerian-African Economic Integration Laboratory, Department of Management, Faculty of Economics, Commerce & Management Sciences, Ahmed Draia University of Adrar, AlgeriaLecturer, PhD, Laboratory of Agricultural & Tourism Development Strategies, Department of Economics, Faculty of Economics, Commerce & Management Sciences, University of Ain Temouchent, AlgeriaLecturer, PhD, Laboratory of Agricultural & Tourism Development Strategies, Department of Economics, Faculty of Economics, Commerce & Management Sciences, University of Ain Temouchent, AlgeriaAssistant Lecturer, Algerian-African Economic Integration Laboratory, Department of English Studies, Faculty of Literatures and Languages, Ahmed Draia University of Adrar, AlgeriaThis study focused on Algeria and it looked at how education quality affected the knowledge economy. The theoretical anchor was the endogenous or new growth hypothesis. Secondary sources were used to get panel-structured data that spanned 48 Algerian provinces in 22 years (1999–2020). The equations were estimated using the fixed-random effect model and Hausman test, Also the Kao (Engle Ganger-based) cointegration test proved that the series did indeed have a long-run connection. The findings indicated that the knowledge economy was boosted by a rise in students' Baccalaureate and Intermediate test success rates. This is due to the fact that a rise in exam success rates indicates that individuals at various educational levels are now receiving education of a higher caliber, and the economy depends on this caliber of education. The rise in students and professors is a sign that there are more knowledgeable people and specialized educators accessible to fuel the knowledge economy. As more educated citizens pass their exams and graduate from college, they are hired from the labor market into industries as significant production factors whose skills, values, and knowledge acquired through specialized training are expected to promote machine handling and coordination of other human and nonhuman production factors to fuel the knowledge economy. Teachers should be provided with ongoing professional development opportunities to help them provide instruction at all educational levels, according to a recommendation. This would improve their ability to educate and inspire students and help them do better on their intermediate and baccalaureate exams.https://armgpublishing.com/wp-content/uploads/2023/07/SEC_2_2023_4.pdfeconomic growthmonetary policymonetary policy variablesmoney supplyoil pricesvecm |
| spellingShingle | Abdelkrim Messaoudi Fatima Zohra Derbal Meriem Hasnaoui Hadjer Belhamidi How far does the central bank influence its economies? The example of Algeria SocioEconomic Challenges economic growth monetary policy monetary policy variables money supply oil prices vecm |
| title | How far does the central bank influence its economies? The example of Algeria |
| title_full | How far does the central bank influence its economies? The example of Algeria |
| title_fullStr | How far does the central bank influence its economies? The example of Algeria |
| title_full_unstemmed | How far does the central bank influence its economies? The example of Algeria |
| title_short | How far does the central bank influence its economies? The example of Algeria |
| title_sort | how far does the central bank influence its economies the example of algeria |
| topic | economic growth monetary policy monetary policy variables money supply oil prices vecm |
| url | https://armgpublishing.com/wp-content/uploads/2023/07/SEC_2_2023_4.pdf |
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