The Impact of Government Stability on Libyan International Reserves: An Econometrics Study Using the ARDL Model
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Government Stability, International Reserves, Libya, Econometrics Study, (ARDL) model
Abstract
This study aims to measure the impact of government stability on Libyan international reserves during the period (1984-2018), using the Autoregressive Distributed Lagged Model (ARDL). The study finds the short- and long-term relationship between the variables. Also, the results of the study indicate that the lagged international reserves variable has the greatest ability to explain the changes in the international reserves, and the government stability variable positively effects on the international reserves, which means that the improvement and stability of government in Libya will lead to an improvement in the international reserves.
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References
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