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Munich Personal RePEc Archive

Determinants of Inflation in Syria During the Period 1970-2004

ALmosabbeh, Imadeddin

December 2006

Online at https://mpra.ub.uni-muenchen.de/46982/

MPRA Paper No. 46982, posted 16 May 2013 15:24 UTC

(2)

ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﺕﺍﺩﺩﺤﻤ ﺓﺭﺘﻔﻟﺍ لﻼﺨ

- 1970 2004

Determinants of Inflation in Syria During the Period 1970-2004

ﺢﺒﺼﻤﻟﺍ ﺩﻤﺤﺃ ﻥﻴﺩﻟﺍ ﺩﺎﻤﻋ

Imadeddin Ahmad ALmosabbeh

ﺔﻴﺭﻭﺴ ،ﻕﺸﻤﺩ ﺔﻌﻤﺎﺠ ،ﺩﺎﺼﺘﻗﻻﺍ ﻡﺴﻗ

،ﺔﻴﻋﺎﻤﺘﺠﻻﺍ ﻡﻭﻠﻌﻟﺍ ﺔﻠﺠﻤ ﻲﻓ ﺙﺤﺒﻟﺍ ﺍﺫﻫ ﺭﺸﻨ )

ﻟﺍ ﺔﻌﻤﺎﺠ ﺕﻴﻭﻜ ﻲﻤﻠﻌﻟﺍ ﺭﺸﻨﻟﺍ ﺱﻠﺠﻤ ، (

ﻲﻓ )34 (4 ، : 2006 -45

.71

لﻴﺭﺒﺇ ﻲﻓ ﻡﺩﻗ )

ﻥﺎﺴﻴﻨ ( ﺭﺒﻭﺘﻜﺃ ﻲﻓ ﺯﻴﺠﺃﻭ 2006

) لﻭﻷﺍ ﻥﻴﺭﺸﺘ (

.2006

ﺔﻴﻌﺠﺭﻤﻟﺍ ﺓﺭﺎﺸﻹﺍ :

ﺢﺒﺼﻤﻟﺍ

، ﻥﻴﺩﻟﺍ ﺩﺎﻤﻋ )

:(2006 ﺓﺭﺘﻔﻟﺍ لﻼﺨ ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﺕﺍﺩﺩﺤﻤ -1970

،2004 ﺔﻴﻋﺎﻤﺘﺠﻻﺍ ﻡﻭﻠﻌﻟﺍ ﺔﻠﺠﻤ ،

ﻲﻤﻠﻌﻟﺍ ﺭﺸﻨﻟﺍ ﺱﻠﺠﻤ ،ﺕﻴﻭﻜﻟﺍ ﺔﻌﻤﺎﺠ ،

)34 (4 : -45 .71

(3)

ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﺕﺍﺩﺩﺤﻤ ﺓﺭﺘﻔﻟﺍ لﻼﺨ

-1970 2004

ﺹﺨﻠﻤ ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﻲﻓ ﺔﻴﺩﺎﺼﺘﻗﻻﺍ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﺽﻌﺒ ﺭﺜﺃ ﺱﺎﻴﻗ ﻰﻟﺇ ﺙﺤﺒﻟﺍ ﺍﺫﻫ ﻑﺩﻬﻴ .

ﺙـﺤﺒﻟﺍ ﻡﺩﺨﺘﺴﻴﻭ

ﺔﻴﺒﺒﺴﻟﺍ ﺭﺎﺒﺘﺨﺍﻭ ﻙﺭﺘﺸﻤﻟﺍ لﻤﺎﻜﺘﻟﺍ ﺏﻭﻠﺴﺃ ﺭﺜﻷﺍ ﺍﺫﻫ ﺱﺎﻴﻗ ﻲﻓ .

ﻲـﻓ ﺓﺭﺜﺅـﻤﻟﺍ ﺕﺍﺭـﻴﻐﺘﻤﻟﺍ ﺩﻴﺩﺤﺘ ﻡﺘ ﺩﻗﻭ

ﻡﺨﻀﺘﻟﺍ )ﺍ

ﺭﺎﻌﺴﻸﻟ ﻲﺴﺎﻴﻘﻟﺍ ﻡﻗﺭﻟ (

ﻉﻭـﻀﻭﻤﻟﺍ ﺍﺫﻫ ﺕﻟﻭﺎﻨﺘ ﻲﺘﻟﺍ ﺔﻴﺩﺎﺼﺘﻗﻻﺍ ﺕﺎﻴﺒﺩﻷﺍ ﻰﻟﺇ ﺩﺎﻨﺘﺴﻻﺎﺒ .

ﺩـﻗﻭ

ﻙﺎﻨﻫ ﻥﺃ ﻰﻟﺇ ﺙﺤﺒﻟﺍ لﺼﻭﺘ ﺃ

ﺔـﺴﺎﻴﺴﻟﺍ ﺭـﺸﺅﻤﻭ ﻱﺩﺎﺼﺘﻗﻻﺍ ﺩﻭﻜﺭﻟﺍ ﺭﺸﺅﻤ ﻥﻤ لﻜ ﻥﻴﺒ لﺠﻷﺍ لﻴﻭﻁ ﺭﺜ

ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﻲﻓ ﺔﻴﺩﻘﻨﻟﺍ .

ﺠﺘﻤ لﺠﻷﺍ ﺓﺭﻴﺼﻗﻭ لﺠﻷﺍ ﺔﻠﻴﻭﻁ ﺔﻴﺒﺒﺴ ﺔﻗﻼﻋ ﻙﺎﻨﻫ ﻥﺃ ﻥﻴﺒﺘ ﻙﻟﺫﻜﻭ ﺔـﻬ

ﻰﻟﺇ ﻥﻴﺭﺸﺅﻤﻟﺍ ﻥﻴﺫﻫ ﻥﻤ ﻤ

ﻡﺨﻀﺘﻟﺍ ﺭﺸﺅ .

ﺔﻴﺴﺎﺴﻷﺍ ﺕﺎﺤﻠﻁﺼﻤﻟﺍ :

ﻙﺭﺘـﺸﻤﻟﺍ لـﻤﺎﻜﺘﻟﺍ ؛ﻱﺭﻭﺴﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ؛ﺔﻴﺩﻘﻨﻟﺍ ﺔﺴﺎﻴﺴﻟﺍ ؛ﻱﺩﺎﺼﺘﻗﻻﺍ ﺩﻭﻜﺭﻟﺍ ﺭﺸﺅﻤ ؛ﻡﺨﻀﺘﻟﺍ ﺕﺍﺩﺩﺤﻤ ﺔﻴﺒﺒﺴﻟﺍ ﺭﺎﺒﺘﺨﺍﻭ .

(4)

Determinants of Inflation in Syria During the Period 1970-2004 ABSTRACT

The aim of the study is to measure the effect of several economic variables on inflation in Syria, by using cointegration and causality tests as a method. The variables are specify depending on the economic literature that has treated this field. This study concludes that there is a long run effect between the inflation determinants (economic deflation indicators and the monetary policy indicator) and the inflation in Syria. In addition, there are long and short run causality relations runs from the inflation determinants into inflation indicator (CPI).

Keywords:

Inflation Determinants; Economic Deflation Indicators; Monetary Policy;

Syrian Economy; Conitegration and Causality Test.

(5)

ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﺕﺍﺩﺩﺤﻤ ﺓﺭﺘﻔﻟﺍ لﻼﺨ

-1970 2004

ﺔﻣدﻘﻣ :

ﻪﺴﻔﻨ لﺎﻤﻟﺍ ﻡﺩﻗ ﺔﻤﻴﺩﻗ ﻡﺨﻀﺘﻟﺍ ﺔﻠﻜﺸﻤ ﺭﺒﺘﻌﺘ

، ﺔﻤﻴﺩﻘﻟﺍ ﺎﻤﻭﺭ ﻲﻔﻓ ،

ﺕﻼـﻤﻋ ﺔـﻤﻴﻗ ﺽـﻔﺨ ﺏﺒﺴﺘ

ﺏﻫﺫﻟﺍﻭ ﺔﻀﻔﻟﺍ

، ﺩﻌﻤﻟﺍ ﺓﺩﺎﻴﺯﺒ ﻥ

ﻩﻭﻌﺒﺘ ﻥﻤﻭ ﻥﻭﺭﻴﻨ ﺩﻴ ﻰﻠﻋ ﺎﻬﺒ ﺱﻴﺴﺨﻟﺍ

، ﻊـﻀﺒ ﻡﺍﺩ لﺩـﺘﻌﻤ ﻡﺨﻀﺘ ﻲﻓ

ﻥﻭﺭﻗ ، ﻪﺒ ﻡﺎﻗ ﻯﺩﻫ ﺭﻴﻏ ﻰﻠﻋ ﺔﻠﻤﻌﻠﻟ ﺡﻼﺼﺇ ﺏﺒﺴﺘ ﻰﺘﺤ ﺭﻭﻁﺍﺭﺒﻤﻹﺍ

ﻲـﻓ ﺙـﻟﺎﺜﻟﺍ ﻥﺭـﻘﻟﺍ ﻲﻓ ﻥﺎﻴﻟﺭﻭﺃ

ﻡﺨﻀﺘﻟﺍ لﻭﺼﻭ ﻰﻟﺇ

ﺀﺎﻤﺴﻟﺍ ﻥﺎﻨﻋ

، ﻤﺨﻀﺘ ﺭﺼﻤ ﺕﺭﺼﺎﻋ ﺩﻗﻭ ﹰﺎ

ﹰﺎﺤﻤﺎﺠ ﻡﺎﻋ ﻡ324 . ﻡﺨـﻀﺘﻟﺍ ﺏﺎـﺼﺃﻭ

ﻥﻴﺼﻟﺍ ، ﺃ ﻲﻫﻭ ﻭ ﺔﻴﻗﺭﻭ ﺕﻼﻤﻋ ﻊﺒﻁﺒ ﺕﻤﺎﻗ ﺔﻟﻭﺩ ل ،

ﺭﺸﻋ ﻱﺩﺎﺤﻟﺍ ﻥﺭﻘﻟﺍ ﻲﻓ ،

ﺕﺎﻁﻠـﺴﻟﺍ ﺕﺭﺩﺼﺃ ﺎﻤﺩﻨﻋ

ﹰﺍﺩﻘﻨ ﺔﻠﺌﺎﻫ ﻎﻟﺎﺒﻤ ﻑﺭﺼ ﺩﻌﺒ ﹰﺍﺩﺠ ﺓﺭﻴﺜﻜ ﺕﺎﻨﻭﺫﺃ –

ﺔـﻤﻴﻘﻟﺍ ﺔـﻠﻴﻠﻗ ﻥﺩﺎـﻌﻤ ﻥﻤ ﺔﻋﻭﻨﺼﻤ ﺕﻼﻤﻋ -

ﻰـﺘﺤ

ﻷﺍ ﻊﻓﺩﺒ ﺓﺍﺯﻐﻟﺍ لﻭﺨﺩ لﺎﻤﺘﺤﺍ ﻥﻤ ﺹﻠﺨﺘﺘ ﻤﺜ ﺩﺩﺴﺘﻭ ﻡﻬﻟ لﺍﻭﻤ

ﺕﺍﺩﺭﺍﻭﻟﺍ ﻥ ) .

لـﻴﻭﻤﺘﻟﺍ ﻤﻨﺘﻟﺍﻭ

،ﺔـﻴ :2003

(10 ﻉﻭﻀﻭﻤ ﻰﻅﺤﻴﻭ ﻡﺨﻀﺘﻟﺍ

ﻥﻤ ﹰﺎﻀﻴﺃ لﺒ ﻁﻘﻓ ﻥﻴﻴﺩﺎﺼﺘﻗﻻﺍ لﺒﻗ ﻥﻤ ﺱﻴﻟ ﻊﺴﺍﻭ ﻡﺎﻤﺘﻫﺎﺒ لﺒﻗ

ﺩﺍﺭﻓﻷﺍ

ﻥﻴﻴﺩﺎﻌﻟﺍ . ﺓﺭﻴﺒﻜ ﺔﻴﺩﺎﺼﺘﻗﺍﻭ ﺔﻴﻋﺎﻤﺘﺠﺍ ﻑﻴﻟﺎﻜﺘ ﻥﻤ ﻡﺨﻀﺘﻟﺍ ﻪﻀﺭﻔﻴ ﺎﻤ ﻰﻟﺇ ﻡﺎﻤﺘﻫﻻﺍ ﺍﺫﻫ ﻊﺠﺭﻴﻭ ،

ﻩﻭﺸﻴ ﻭﻬﻓ

لﻼﺨ ﻥﻤ ﺩﺭﺍﻭﻤﻟﺍ ﺹﻴﺼﺨﺘ ﺔﻴﻠﻤﻋ

"

ﻌﻤ لﻴﻠﻘﺘ ﺕﺎﻤﻭﻠ

"

ﺭﺎﻌﺴﻷﺍ ﻡﺎﻅﻨ ،

ﺓﺀﺎـﻔﻜﻟﺍ ﻰـﻠﻋ ﹰﺎﺒﻠـﺴ ﺭﺜﺅـﻴ ﺎـﻤﻤ

ﻭﻤﻨﻟﺍﻭ ﺔﻴﺩﺎﺼﺘﻗﻻﺍ ،

ﺯﻭﺘ ﻰﻟﺇ ﻡﺨﻀﺘﻟﺍ ﻱﺩﺅﻴ ﺎﻤﻜ ﻴ

ﻊﻤﺘﺠﻤﻟﺍ ﻲﻓ ﺓﻭﺭﺜﻟﺍﻭ لﺨﺩﻠﻟ ﻲﺌﺍﻭﺸﻋ ﻊ ،

ﺜ ﻥﻤﻭ ﺭﻴﺜﺄـﺘﻟﺍ ﻡ

ﻲﻋﺎﻤﺘﺠﻻﺍ ﻩﺎﻓﺭﻟﺍ ﻰﻠﻋ )

،IMF (1996 . ﺕﺎﺴﺎﻴﺴ ﻊﺒﺘﺘ ﻲﻜﻟ ﺕﺎﻤﻭﻜﺤﻟﺍ ﻰﻠﻋ ﹰﺎﻁﻐﻀ ﻑﻴﻟﺎﻜﺘﻟﺍ ﻩﺫﻫ لﺜﻤﺘﻭ

ﻀﻔﺨﻨﻤ ﻡﺨﻀﺘ ﺕﻻﺩﻌﻤ ﻊﻤ ﺏﺴﺎﻨﺘﺘ ﺔ

) ﻲﻋﺯﺎﺒﻟﺍ ﻥﺎﻤﻠﺴ ﻥﺒ ﺩﻤﺤ ،

:1997 .(47

ﻯﺩـﻟ ﺔﻋﺎﻨﻘﻟﺍ ﺕﺩﻟﻭﺘ ﺩﻘﻟﻭ

ﻴﻴﻤﻴﺩﺎﻜﻷﺍ ﻥﻤ ﺩﻴﺩﻌﻟﺍ ﻥ

ﺭﺎﻌﺴﻷﺍ ﺭﺍﺭﻘﺘﺴﺍ ﻥﺄﺒ ﺔﻴﺯﻜﺭﻤﻟﺍ ﻙﻭﻨﺒﻟﺍ ﻲﻓ ﻥﻴﻟﻭﺅﺴﻤﻟﺍﻭ ﺔﻴﺩﻘﻨﻟﺍ ﺔﺴﺎﻴﺴﻟﺍ ﻲﻁﻁﺨﻤﻭ

ﺔﻴﺩﻘﻨﻟﺍ ﺔﺴﺎﻴﺴﻠﻟ ﺩﻤﻷﺍ لﻴﻭﻁ ﻑﺩﻬﻟﺍ ﻭﻫ ﻥﻭﻜﻴ ﻥﺃ ﺏﺠﻴ .

ﺒ ﻡﺨﻀﺘﻟﺍ ﻰﻠﻋ ﺭﻴﺜﺄﺘﻟﺍ ﻥﺃ ﺕﺎﻨﻴﻨﺎﻤﺜﻟﺍ ﺔﻴﺎﻬﻨ ﺫﻨﻤ ﻥﻴﺒﺘ ﺩﻗﻭ ﺕﺎـﺒﺭﺎﻘﻤﻟﺍ لﻼﺨ ﻥﻤ ﺭﺸﺎﺒﻤ ﺭﻴﻏ لﻜﺸ

ﻑﺭﺼﻟﺍ ﺭﻌﺴ ﻭﺃ ﺔﻴﺩﻘﻨﻟﺍ ﻊﻴﻤﺎﺠﻤﻟﺍ لﺜﻤ ﺔﻁﻴﺴﻭﻟﺍ ﺕﺍﺭﻴﻐﺘﻤﻟﺎﺒ ﻡﻜﺤﺘﻟﺍ ﻰﻠﻋ ﺔﻤﺌﺎﻘﻟﺍ ﺔﻴﺩﻴﻠﻘﺘﻟﺍ ،

ﹰﺍﺭﻴﺜﻜ ﺩﻋﺎﺴﺘ ﻻ

ﻑﺩﻬﻟﺍ ﻙﻟﺫ ﻕﻴﻘﺤﺘ ﻲﻓ .

ﹰﺎﻘﺤﻻ ﺔﻴﻤﺎﻨﻟﺍﻭ ﺔﻴﻋﺎﻨﺼﻟﺍ لﻭﺩﻟﺍ ﺽﻌﺒﺒ ﻊﻓﺩ ﻱﺫﻟﺍ ﺭﻤﻷﺍ

، ﺭﺎﻘﻤ ﻲﻨﺒﺘ ﻰﻟﺇ ﺒ

ﺓﺭﺸﺎﺒﻤ ﺔ

ﺘﺴﺍ ﺔﺴﺎﻴﺴﺒ ﺕﻓﺭﻋ ﻡﺨﻀﺘﻟﺍ ﺔﺤﻓﺎﻜﻤﻟ لـﺒﻗ ﻥـﻤ ﺢﻴﺭـﺼ ﻥﻼﻋﺇ ﻲﻓ ﺔﺴﺎﻴﺴﻟﺍ ﻩﺫﻫ لﺜﻤﺘﺘ ﻡﻴﺨﻀﺘﻟﺍ ﻑﺍﺩﻬ

ﺔـﻴﻨﻤﺯ ﺓﺭـﺘﻓ لﻼﺨ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤﻟ ﺩﺩﺤﻤ ﻯﻭﺘﺴﻤ ﻕﻴﻘﺤﺘ ﻭﻫ ﺔﻴﺩﻘﻨﻟﺍ ﺔﺴﺎﻴﺴﻟﺍ ﻑﺩﻫ ﻥﺄﺒ ﺔﻴﺩﻘﻨﻟﺍ ﺕﺎﻁﻠﺴﻟﺍ ﺓﺩﺩﺤﻤ ) ،ﻲﻨﻭﺘﻟﺍ ﻲﺠﺎﻨ :2002

(2

ﺩﻗﻭ ﻡﺨﻀﺘﻟﺍ ﻥﻤ ﺔﻴﺭﻭﺴ ﺕﻨﺎﻋ ،

ﺹﺎﺨ لﻜﺸﺒ ،

ﺕﺎﻨﻴﻨﺎﻤﺜﻟﺍ ﺓﺭﺘﻓ ﻲﻓ ،

ﺏﺒﺴﺒ ﺭﺎﺴﺤﻨﺍ ﺕﺍﺩﻋﺎـﺴﻤﻟﺍ

ﺔﻴﺒﺭﻌﻟﺍ ﺓﺩﺩﻌﺘﻤ ﺏﺎﺒﺴﻷ ﺔﻴﺒﻨﺠﻷﺍﻭ ﺏﺒﺴﺒﻭ

ﻥﺎﻜﺴﻟﺍ ﺩﻴﺍﺯﺘ ﺏﺴﻨﺒ

ﺩﻭﺩﺤﺒ ﺔﻌﻔﺘﺭﻤ %3.7

ﹰﺎﻴﻭﻨـﺴ ﺔﺒﻭـﺴﺤﻤ ،

ﺓﺭﺘﻔﻟﺍ لﻼﺨ -1980

، 1989 ) ﺀﺎﺼﺤﻺﻟ ﻱﺯﻜﺭﻤﻟﺍ ﺏﺘﻜﻤﻟﺍ ،

ﻰﻟﺇ 1972 (2005

، ﻲـﻓ لـﺌﺎﻫ ﻊﺴﻭﺘ ﻊﻤ

ﺍﻟ ﻱﺫﻟﺍ ﺭﻤﻷﺍ ﻭﻫﻭ ،ﻱﺩﺎﺼﺘﻗﻻﺍ ﻡﺨﻀﺘ ﻯﺩﺃ

،ﺕﺎﻋﻭﻓﺩـﻤﻟﺍ ﻥﺍﺯـﻴﻤﻭ ﺔﻴﻤﻭﻜﺤﻟﺍ ﺕﺎﻨﺯﺍﻭﻤﻟﺍ ﺯﺠﻋ ﻡﻗﺎﻔﺘ ﻰﻟﺇ

ﺯﺘﻭ ﺍﻴ ﺔـﻟﻭﺩﻟﺍ ﺔـﻴﻨﻭﻴﺩﻤ ﺩﺎـﻴﺩﺯﺍ ﺏﺒﺴﺒ ﻱﺩﺎﺼﺘﻗﻻﺍ ﻭﻤﻨﻟﺍ لﺩﻌﻤ ﻥﻤ ﻰﻠﻋﺃ لﺩﻌﻤﺒ ﺔﻴﺩﻘﻨﻟﺍ ﺔﻠﺘﻜﻟﺍ ﻡﺠﺤ ﺕﺩ

(6)

ﻭ ﻲﻓﺭﺼﻤﻟﺍ ﻉﺎﻁﻘﻟﺍﻭ ﻡﺎﻌﻟﺍ ﺎﻬﻋﺎﻁﻗ )

ﺵﺭـﺒﻷﺍ ﺽﺎﻴﺭ ﺩﻤﺤﻤ

، :1995 .(7 ﺃﺩـﺒ ﻡﺨـﻀﺘﻟﺍ لﺩـﻌﻤ ﻥﺃ ﻻﺇ

ﺎﻴﻨﺩﻟﺍ ﻩﺩﻭﺩﺤ ﻰﻟﺇ لﺼﻭﻭ ﺕﺎﻨﻴﻌﺴﺘﻟﺍ ﺓﺭﺘﻓ لﻼﺨ ﺽﺎﻔﺨﻨﻻﺎﺒ ﻓ ﺭﺎﻌﺴﻸﻟ ﻲﺴﺎﻴﻘﻟﺍ ﻡﻗﺭﻟﺍ ﺔﻤﻴﻗ ﺕﻐﻠﺒ ﺙﻴﺤ ،

ﻡﺎﻋ ﺩﻭﺩﺤﺒ 1999

) ﺀﺎﺼﺤﻺﻟ ﻱﺯﻜﺭﻤﻟﺍ ﺏﺘﻜﻤﻟﺍ ،

ﻰﻟﺇ1972 .( 2005

ﺔﺠﻭﻤ ﺙﻭﺩﺤ ﻊﻤ ﻙﻟﺫ ﻕﻓﺍﺭﺘ ﺩﻗﻭ

ﻤﺎﻌﻟﺍ لﻼﺨ ﻱﺩﺎﺼﺘﻗﺍ ﺩﻭﻜﺭ ﻥﻴ

ﻎﻠﺒ ﺙﻴﺤ 1999 ﻭﻤﻨﻟﺍ لﺩﻌﻤ

ﻲﻟﺎﻤﺠﻹﺍ ﻲﻠﺤﻤﻟﺍ ﺞﺘﺎﻨﻠﻟ ﺔـﺘﺒﺎﺜﻟﺍ ﺭﺎﻌـﺴﻷﺎﺒ

لﻼﺨ ﻥﻴﻤﺎﻌﻟﺍ -98

ﺩﻭﺩﺤﺒ 1999 - 2.6 % ﻲﻟﺍﻭﺘﻟﺍ ﻰﻠﻋ )

ﺀﺎـﺼﺤﻺﻟ ﻱﺯـﻜﺭﻤﻟﺍ ﺏﺘﻜﻤﻟﺍ ،

ﻰـﻟﺇ 1972

(2005 ﹰﺎﺒﺎﺒـﺴﺃ ﻙﺎﻨﻫ ﻥﺃ ﻰﻟﺇ ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﺔﻠﻜﺸﻤ ﺕﻟﻭﺎﻨﺘ ﻲﺘﻟﺍ ﺙﺎﺤﺒﻷﺍﻭ ﺕﻻﺎﻘﻤﻟﺍ ﻡﻅﻌﻤ ﺭﻴﺸﺘﻭ

ﺓﺭﻫﺎﻅﻟﺍ ﻩﺫﻫ ﺀﺍﺭﻭ ﻑﻘﺘ ﺔﻴﺩﻘﻨ .

ﺵﺭﺒﻷﺍ ﺽﺎﻴﺭ ﺩﻤﺤﻤ ﻅﺤﻼﻴﻭ )

:1995

" (6 ﻲـﻓ ﻱﻭﻨﺴﻟﺍ ﻭﻤﻨﻟﺍ لﺩﻌﻤ ﻥﺃ

ﺕﺍﻭﻨﺴﻟﺍ ﻡﻅﻌﻤ ﻲﻓ ﻲﻟﺎﻤﺠﻹﺍ ﻲﻠﺤﻤﻟﺍ ﺞﺘﺎﻨﻟﺍ ﻲﻓ ﻭﻤﻨﻟﺍ لﺩﻌﻤ ﻕﻭﻔﺘ ﺔﻴﺩﻘﻨﻟﺍ ﺔﻠﺘﻜﻟﺍ .

ﺎﻤ ﺍﺫﻫﻭ ﺕﺎـﻴﻤﻜ لﻌﺠﻴ

ﺓﺭﻴﺒﻜ ﺏﺴﻨﺒ ﺎﻬﻴﻟﺇ ﺔﺠﺎﺤﻟﺍ ﻕﻭﻔﺘ ﻱﺭﻭﺴﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ﻲﻓ لﻭﺍﺩﺘﻤﻟﺍ ﺩﻘﻨﻟﺍ ...

ﻻﺇ ﻭـﻫ ﺎـﻤ ﻡﺨﻀﺘﻟﺍ ﻥﺃ لﻭﻘﻟﺍﻭ

ﺢﻴﺤﺼ ﺭﻴﻏ ﻲﻤﻗﺭ ﺩﻴﺩﺤﺘ ﻥﻭﺩ ﻡﺨﻀﺘﻟﺍ ﺩﺍﺭﻴﺘﺴﺍ ﺔﻴﻠﻤﻌﻟ ﺔﺠﻴﺘﻨ .

ﺩـﻴﺍﺯﺘﺘ ﺍﺫﺎـﻤﻠﻓ ﻙﻟﺫﻜ ﺭﻤﻷﺍ ﻥﺎﻜ ﺍﺫﺇ ﻪﻨﻷ

ﻲﻠﺤﻤﻟﺍ ﺞﺘﺎﻨﻟﺍ ﺕﻻﺩﻌﻤ ﹰﺍﺭﻴﺜﻜ ﻕﻭﻔﺘ ﺕﻻﺩﻌﻤﺒ ﺔﻴﺩﻘﻨﻟﺍ ﺔﻠﺘﻜﻟﺍ ﻡﻭﺠﺤ ﺔﺘﺒﺎﺜﻟﺍ ﺭﺎﻌﺴﻷﺎﺒ ﻲﻟﺎﻤﺠﻹﺍ

."

ﺔﻤﺠﻨ ﺱﺎﻴﻟﺇ ﺩﻘﺘﻨﻴﻭ )

(2005 ﻪـﻨﺄﺒ ﻩﺎـﻴﺇ ﹰﺎﻔﺼﺍﻭ ﺏﻠﻁ ﻡﺨﻀﺘ ﻭﻫ ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﻥﺃ ﺔﻟﻭﻘﻤ

ﺔﻔﻠﻜ ﻡﺨﻀﺘ .

لﻭﻘﻴﻭ

"

ﺕﺴﺭﻭﻤ ﻲﺘﻟﺍ ﺔﻴﺸﺎﻤﻜﻨﻻﺍ ﻡﺎﻌﻟﺍ ﻕﺎﻔﻨﻹﺍ ﺕﺎﺴﺎﻴﺴ ﻥﺃ ﻅﺤﻼﻨ ﻊﺌﺎﻗﻭﻟﺍ ﺓﺩﻫﺎﺸﻤ لﻼﺨ ﻥﻤ

ﻥﻤ ﺭﺜﻜﻷ ﻪﺒ لﺼﺘﻴ ﺎﻤ لﻜﻭ ﻡﺎﻌﻟﺍ ﺏﻠﻁﻟﺍ ﺕﻀﻔﺨ ﻲﺘﻟﺍﻭ ﹰﺎﻤﺎﻋ 15

ﻯﺩـﻟ ﺹﺎـﺨﻟﺍ ﺏﻠﻁﻟﺍ ﺕﻀﻔﺨ ﺎﻤﻜ ،

ﺔﻴﺭﻭﺴ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﻥﺃ ﻅﺤﻼﻨﻟ ﺎﻨﻌﻓﺩﻴ ﺍﺫﻫﻭ ﺭﺎﻌﺴﻷﺍ ﺕﺍﺩﺎﻴﺯ ﻑﻗﻭ ﻊﻁﺘﺴﺘ ﻡﻟ ،ﺭﻭﺠﻷﺍﻭ ﺏﺘﺍﻭﺭﻟﺍ ﺏﺎﺤﺼﺃ ﺭﺎﻌـﺴﺃ ﻉﺎـﻔﺘﺭﺍ ﺏﺒـﺴﺒﻭ ﺔـﻌﻨﻘﻤﻟﺍ ﺔﻟﺎﻁﺒﻟﺍﻭ ﺭﺩﻬﻟﺍ ﺏﺒﺴﺒ ﺎﻬﻨﻤ ،ﻯﺭﺨﺃ ﺔﻴﻋﻭﻀﻭﻤ ﺏﺎﺒﺴﻷ لﺍﺯﻻﻭ ﻥﺎﻜ ﻟﺍ ﺕﺍﺩﻴﻘﻌﺘﻟﺍﻭ ﻱﺭﺍﺩﻹﺍ ﻑﻠﺨﺘﻟﺍ ﺏﺒﺴﺒﻭ ،ﺝﺭﺎﺨﻟﺍ ﻥﻤ ﺕﺍﺩﺭﻭﺘﺴﻤﻟﺍ ﻲـﻓ ﺔﻴﻁﺍﺭﻗﻭﺭﻴﺒﻟﺍ ﺓﺭﺍﺩﻹﺍ ﺎﻬﺴﺭﺎﻤﺘ ﻲﺘ

ﺔـﻴﻟﺎﻌﻔﺒ ﻑـﻅﻭﺘﻭ ﻡﺩﺨﺘﺴﺘ ،ﺓﺭﻭﻁﺘﻤ ﺔﻴﺴﺎﺴﺃ ﺔﻴﺩﺎﺼﺘﻗﺍ ﺔﻴﻨﺒ ﺩﻭﺠﻭ ﻡﺩﻋ ﺏﺒﺴﺒﻭ ،ﻥﻴﻨﻁﺍﻭﻤﻟﺍ ﻊﻤ ﺎﻬﻠﻤﺎﻌﺘ ﺔﻤﺩﻘﺘﻤﻟﺍ لﻤﻌﻟﺍ ﺏﻴﻟﺎﺴﺃ ﻡﺍﺩﺨﺘﺴﺍﻭ ﺓﺭﻭﻁﺘﻤﻟﺍ ﺔﻴﺠﻭﻟﻭﻨﻜﺘﻟﺍ ﻡﺍﺩﺨﺘﺴﺍ ﻡﺩﻋ ﺏﺒﺴﺒﻭ ،ﺓﺭﻴﺒﻜ ...

ﺦـﻟﺍ . ﻩﺫـﻫﻭ

ﻋ ﻡﻜﻴﻫﺎﻨ ﺔﻔﻠﻜﺘﻟﺍ ﺓﺩﺎﻴﺯﻟ ﹰﺎﻤﺎﻤﺘ ﺔﻴﻓﺎﻜ ﺏﺎﺒﺴﺃ ﻊﻴﺭﺎـﺸﻤﻟﺍﻭ لﺎـﻤﻋﻷﺍ ﻑﻠﻜ ﻥﻤ ﺩﻴﺯﻴ ﻱﺫﻟﺍ ﻱﺭﺍﺩﻹﺍ ﺩﺎﺴﻔﻟﺍ ﻥ

"

) ،ﺔﻤﺠﻨ ﺱﺎﻴﻟﺇ :2005

(12 . لـﺜﻤﻷﺍ لﻼﻐﺘﺴﻻﺍ ﻡﺩﻋ ﻡﺨﻀﺘﻟﺍ ﺏﺎﺒﺴﺃ ﻡﻫﺃ ﻥﻤ ﻥﺃ ﻥﻋ ﺙﺩﺤﺘﻴ ﻙﻟﺫﺒ ﻭﻫﻭ

ﻱﺭﻭﺴﻟﺍ ﺩﺎﺼﺘﻗﻼﻟ ﺔﺤﺎﺘﻤﻟﺍ ﺔﻴﺩﺎﺼﺘﻗﻻﺍ ﺩﺭﺍﻭﻤﻠﻟ ﺅﻔﻜﻟﺍﻭ .

ﺙﺤﺒﻟﺍ ﻑﺩﻫ :

ﻑﺩﻬﻴ ﺍﺫﻫ ﻥﻤ ﺔﻋﻭﻤﺠﻤ ﺭﺜﺃ ﺔﺴﺍﺭﺩ ﻰﻟﺇ ﺙﺤﺒﻟﺍ ﺕﺍﺩﺩﺤﻤ

ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﻰـﻟﺇ ﺩﺎﻨﺘـﺴﻻﺎﺒ ﺔﻴﺭﻭـﺴ

ﺒﺩﻷﺍ ﻴ ﻬﺒ ﺔﻘﻠﻌﺘﻤﻟﺍ ﺕﺎ ،ﺓﺭﻫﺎﻅﻟﺍ ﻩﺫ

ﻭ ﺴﺃ ﻡﺍﺩﺨﺘﺴﺎﺒ ﻙﻟﺫ ﺎ

ﻲﺴﺎﻴﻘﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ﺏﻴﻟ .

ﻡﺘﻴ ﻑﻭﺴﻭ ﻡﺍﺩﺨﺘﺴﺍ

ﺝﺫﻭـﻤﻨ

ﻲﻀﺎﻴﺭ ﻕﻓﺍﻭﺘﻴ

ﺭﻴـﺴﻔﺘ ﻰـﻠﻋ ﺕﺎﻴﺭﻅﻨﻟﺍ ﻩﺫﻫ ﺓﺭﺩﻘﻤ ﺭﺎﺒﺘﺨﺍ ﺔﻴﻐﺒ ،ﻪﻠﺤﻭ ﻡﺨﻀﺘﻠﻟ ﺓﺭﺴﻔﻤﻟﺍ ﺕﺎﻴﺭﻅﻨﻟﺍ ﻊﻤ

ﻱﺭﻭﺴﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﺓﺭﻫﺎﻅ .

(7)

ﺙﺤﺒﻟﺍ ﺔﻴﺠﻬﻨﻤ :

ﻭ ﺩﻤﺘﻌﺘ ﺏﻭﻠﺴﻷﺍﻭ ﻡﺨﻀﺘﻟﺍ ﺕﺎﻨﺎﻴﺒ لﻴﻠﺤﺘ ﻲﻓ ﻲﻔﺼﻭﻟﺍ لﻴﻠﺤﺘﻟﺍ ﺏﻭﻠﺴﺃ ﻰﻠﻋ ﺔﺴﺍﺭﺩﻟﺍ ﻩﺫﻫ ﺔﻴﺠﻬﻨﻤ

ﻡﺍﺩﺨﺘﺴﺎﺒ ﻙﻟﺫﻭ ﺔﺴﺍﺭﺩﻟﺍ ﺓﺭﺘﻓ لﻼﺨ ﻡﺨﻀﺘﻟﺍ ﺕﺍﺩﺩﺤﻤ ﺔﻟﺍﺩ ﺭﻴﺩﻘﺘ ﻲﻓ ﻲﻤﻜﻟﺍ ﻙﺭﺘـﺸﻤﻟﺍ لـﻤﺎﻜﺘﻟﺍ ﺏﻭﻠﺴﺃ

ﺄﻁﺨﻟﺍ ﺢﻴﺤﺼﺘﻭ .

ﻲﺘﻟﺍ ﺔﻴﺭﻭﺴﻟﺍ ﺔﻴﺌﺎﺼﺤﻹﺍ ﺔﻋﻭﻤﺠﻤﻟﺍ ﻰﻠﻋ ﺔﺴﺍﺭﺩﻟﺍ ﻩﺫﻫ ﺕﺎﻨﺎﻴﺒ ﺭﺩﺎﺼﻤ ﺩﻤﺘﻌﺘﻭ ﻴ

ﺎﻫﺭﺩﺼ

ﻟﺍ ﺔﻴﺭﻭﺴ ﻲﻓ ﺀﺎﺼﺤﻺﻟ ﻱﺯﻜﺭﻤﻟﺍ ﺏﺘﻜﻤ .

ًﻻوأ - يروﺳﻟا دﺎﺻﺗﻗﻻا ﻲﻓ مﺧﺿﺗﻟا :

1 . روطﺗ رﺷؤﻣ يروﺳﻟا دﺎﺻﺗﻗﻻا ﻲﻓ مﺧﺿﺗﻟا :

ﺓﺭﻫﺎﻅ ﻱﺭﻭﺴﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ﻑﺭﻋ ﺔـﻴﻨﺎﻤﺜﻌﻟﺍ ﺔﻟﻭﺩﻟﺍ ﻥﻋ لﻼﻘﺘﺴﻼﻟ ﻰﻟﻭﻷﺍ ﺕﺍﻭﻨﺴﻟﺍ ﺫﻨﻤ ﻡﺨﻀﺘﻟﺍ

ﺕﺩﻤﺘﺴﺍﻭ ﻩﺫﻫ ﺔﻠﻴﻁ ﺎﻫﻭﻤﻨ ﺓﺭﻫﺎﻅﻟﺍ

ﺓﺩﻴﺩﻋ ﺏﺎﺒﺴﻷ ﺓﺭﺘﻔﻟﺍ .

ﻼﺜﻟﺍﻭ ﺕﺎﻨﻴﺭﺸﻌﻟﺍ ﻲﻔﻓ ﻥـﻤ ﺕﺎﻨﻴﻌﺒﺭﻷﺍﻭ ﺕﺎﻨﻴﺜ

ﺔﻴﻨﺎﻤﺜﻌﻟﺍ لﻭﺩﻟﺍ ﺎﻬﺘﻔﻠﺨ ﻲﺘﻟﺍ ﺎﻬﻨﻭﻴﺩﺒ ﺀﺎﻓﻭﻟﺍ ﺔﻴﺭﻭﺴ ﻰﻠﻋ ﻥﺎﻜ ﻥﻴﺭﺸﻌﻟﺍ ﻥﺭﻘﻟﺍ .

ﻥﻭﺩـﻴﺍﺯﺘﻴ ﻥﺎﻜﺴﻟﺍ ﻥﺎﻜ ﺎﻤﻜ

ﻊﻔﺘﺭﻴ ﻲﻟﺎﻤﺠﻹﺍ ﺏﻠﻁﻟﺍﻭ ﺔﻌﻔﺘﺭﻤ ﺕﻻﺩﻌﻤﺒ .

ﻲـﻓ ﹰﺍﺩﻭﺩـﺤﻤ ﺓﺭﺘﻔﻟﺍ ﻩﺫﻫ لﻼﺨ ﻡﺨﻀﺘﻟﺍ لﻌﺠ ﻲﻓ ﻡﻫﺎﺴ ﺩﻘﻟﻭ

ﻊﻤﺘﺠﻤﻟﺍ ﻥﻤ ﺩﻭﺩﺤﻤ ﺀﺯﺠ ﻲﻓ ﻱﺩﻘﻨﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ﺩﻭﺠﻭ ﻩﺭﺜﺃ ،ﹰﺎﻘﻠﻐﻤ ﹰﺎﻴﻠﺌﺎﻋ ﹰﺍﺩﺎﺼﺘﻗﺍ ﻪﻤﻅﻌﻤﺒ ﺵﻴﻌﻴ ﻥﺎﻜ ﻱﺫﻟﺍ

ﺩﻘﻨﻟﺍ ﺭﺎﻁﺇ ﺝﺭﺎﺨ ﻪﻴﻓ لﺩﺎﺒﺘﻟﺍ ﻡﺘﻴ .

ﻱﺩﻴﺃ ﻲﻓ لﺎﻤﻟﺍ ﺱﺃﺭ ﻊﻤﺠﺘﻭ ﺔﺜﻴﺩﺤﻟﺍ ﺔﻋﺍﺭﺯﻟﺍ ﺭﺎﺸﺘﻨﺍﻭ لﻼﻘﺘﺴﻻﺍ ﻊﻤﻭ

ﻠﺌﺎﻬﻟﺍ ﺎﻬﺤﺎﺒﺭﺃ ﺔﺠﻴﺘﻨ ﺔﻴﻨﻁﻭﻟﺍ ﺔﻴﻟﺎﻤﺴﺃﺭﻟﺍ ﺔ

ﺢـﻀﺘﻴ ﻡﺨـﻀﺘﻟﺍ ﺃﺩﺒ ،ﺔﻴﻨﺎﺜﻟﺍ ﺔﻴﻤﻟﺎﻌﻟﺍ ﺏﺭﺤﻟﺍ ﺕﺍﻭﻨﺴ لﻼﺨ ،

ﻼﻤ ﻲﻓ ﺔﻴﺩﺎﺼﺘﻗﺍ ﺓﺭﻫﺎﻅﻜ ﻪﺠﺌﺎﺘﻨﻭ ﻪﺘﻻﺩﻌﻤﻭ ﻪﺤﻤ

. ﺓﺭـﺘﻓ ﻲﻓ ﺝﺎﺘﻨﻹﺍ ﺕﻻﺩﻌﻤ ﻲﻓ ﺓﺩﺭﻁﻤﻟﺍ ﺓﺩﺎﻴﺯﻟﺍ ﻥﺃ ﻻﺇ

ﺭﺒﻜﻷﺍ ﺀﺯﺠﻟﺍﻭ ﺕﺎﻨﻴﻌﺒﺭﻷﺍ ﺔﻴﺎﻬﻨ ﻤ

ﺔـﻀﻔﺨﻨﻤ ﻡﺨﻀﺘﻟﺍ ﺕﻻﺩﻌﻤ لﻌﺠ ﻲﻓ ﺕﻤﻫﺎﺴ ﺕﺎﻨﻴﺴﻤﺨﻟﺍ ﻥ ) .

ﺩـﻤﺤﻤ

ﺵﺭﺒﻷﺍ ﺽﺎﻴﺭ ،

:1995 (8

ﺕﺩﺃ ﻙﻟﺫﻜﻭ ﺎﻬﻨ ﻲﻓ ﺔﺒﺭﻁﻀﻤﻟﺍ ﺔﻴﺴﺎﻴﺴﻟﺍ ﻉﺎﻀﻭﻷﺍ

ﺕﺎﻨﻴﺘـﺴﻟﺍ ﺩـﻘﻋ لﻼﺨﻭ ﺕﺎﻨﻴﺴﻤﺨﻟﺍ ﺔﻴ ﻰـﻟﺇ

ﻡﺨﻀﺘﻟﺍ ﺕﻻﺩﻌﻤ ﻉﺎﻔﺘﺭﺍ –

ﻰﻟﺇ ﺔﻴﺩﺎﺼﺘﻗﻻﺍ ﺕﺎﻬﺠﻭﺘﻟﺍ ﻉﻭﻀﺨﻭ ﺔﻴﺩﺎﺼﺘﻗﻻﺍ لﺍﻭﺤﻷﺍ ﺭﺍﺭﻘﺘﺴﺍ ﻡﺩﻋ ﺏﺒﺴﺒ

ﻡﺌﺍﺩﻟﺍ لﻴﺩﻌﺘﻟﺍﻭ ﻊﻴﺭﺴﻟﺍ ﺏﻠﻘﺘﻟﺍ -

لﻴﻤﺎـﺴﺭﻟﺍ ﺏﻭﺭﻫﻭ ﺎﻫﺅﺍﺭﺸ ﻥﻜﻤﻤﻟﺍ ﻊﻠﺴﻟﺍ ﻡﺍﺩﻌﻨﺍ ﻯﻭﺴ ﻪﻨﻤ ﺩﺤﻴ ﻡﻟ ﻱﺫﻟﺍ

ﻴﻟﻭﺩﻟﺍ ﺕﺍﺩﻋﺎﺴﻤﻟﺍ ﺕﻨﺎﻜ ﺎﻤﻨﻴﺒ ،ﺹﺎﺨﻟﺍ ﻉﺎﻁﻘﻠﻟ ﺔﺤﺎﺘﻤﻟﺍ ﺹﺭﻔﻟﺍ ﻡﺍﺩﻌﻨﺍﻭ ﺝﺭﺎﺨﻟﺍ ﻰﻟﺇ ﺕﻼﻴﻭﺤﺘﻭ ﺔﻴﺒﺭﻌﻟﺍﻭ ﺔ

ﺍ ﻙﻠﺘ لﻼﺨ ﻱﺭﻭﺴﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ﻰﻟﺇ ﻥﺯﺍﻭﺘﻟﺍ ﺽﻌﺒ ﺩﻴﻌﺘ ﻥﻴﻴﺭﻭﺴﻟﺍ ﻥﻴﺒﺭﺘﻐﻤﻟﺍ ﻟ

ﺔﻠﺤﺭﻤ .

ﺎﻤﺃ ﻲﻓ ﺕﺎﻨﻴﻌﺒﺴﻟﺍ ﺔﻠﺤﺭﻤ ﺩﻘﻌﻟﺍ ﺍﺫﻫ ﻥﻤ لﻭﻷﺍ ﻑﺼﻨﻟﺍ لﻼﺨ ﺔﺼﺎﺨﻭ ،ﹰﺍﺩﻭﺩﺤﻤ ﻲﻘﺒ ﻡﺨﻀﺘﻟﺍ ﻥﺈﻓ 1

) -1970 (1973 لﻭﻷﺍ ﻥﻴﺭﺸﺘ ﺏﺭﺤ ﺏﺒﺴﺒﻭ ، /

ﺭﺒﻭﺘﻜﺃ ﻡﺎﻋ ﺯﻭﺎـﺠﺘ ﺩﻗ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﻥﺈﻓ 1973

%14

ﻡﺎﻋ ﻲﻓ ﻭ 1974

%16 ﻡﺎﻋ ﻲﻓ .1975

ﻰﻟﺇ لﺼﻭ ﻰﺘﺤ ﺽﺎﻔﺨﻨﻻﺎﺒ ﺃﺩﺒ ﻪﻨﺃ ﻻﺇ %4.9

ﻡﺎـﻋ ﻲﻓ 1979

ﺔﻴﺭﻭﺴ ﺎﻬﺘﻘﻠﺘ ﻲﺘﻟﺍ ﺔﻴﻟﺎﻤﻟﺍ ﺕﺍﺩﻋﺎﺴﻤﻟﺍ ﺏﺒﺴﺒﻭ ،ﺔﻴﺴﺎﻴﺴﻟﺍﻭ ﺔﻴﺩﺎﺼﺘﻗﻻﺍ ﻉﺎﻀﻭﻷﺍ ﺭﺍﺭﻘﺘﺴﺍ ﺭﻴﺜﺄﺘ ﺕﺤﺘ ﻙﻟﺫﻭ ﺏﺭﺤﻟﺍ ﺩﻌﺒ ﻰﻟﻭﻷﺍ ﺔﻴﻁﻔﻨﻟﺍ ﺓﺭﻭﻔﻟﺍ ﻥﻤ ﺕﺩﺎﻔﺘﺴﺍ ﻲﺘﻟﺍ ﺔﻴﺒﺭﻌﻟﺍ ﺞﻴﻠﺨﻟﺍ لﻭﺩ ﻥﻤ .

-1

مﺎﻗرﻷا ﻤﻟا رﺎﻌﺳﻷ ﻲﺳﺎﯿﻘﻟا ﻢﻗﺮﻟا ﻲﻓ ﺮﯿﻐﺘﻟا ﺔﻄﺳاﻮﺑ ﺎﮭﻨﻋ ﺮﯿﺒﻌﺘﻟا ﻢﺗ ﻢﺨﻀﺘﻟا لﺪﻌﻣ ﻦﻋ ﻚﻠﮭﺘﺴ

.

(8)

ﻬﺸ ﺩﻘﻟﻭ ﺩـﻘﻌﻟﺍ ﺕﺍﻭﻨﺴ لﻼﺨ ﻡﺨﻀﺘﻟﺍ ﺫﺨﺃﻭ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﻲﻓ ﹰﺍﺭﻴﺒﻜ ﹰﺎﻋﺎﻔﺘﺭﺍ ﺕﺎﻨﻴﻨﺎﻤﺜﻟﺍ ﺓﺭﺘﻓ ﺕﺩ

لﻜﺸ

"

ﺢﻤﺎﺠﻟﺍ ﻡﺨﻀﺘﻟﺍ "

ﻡﺎﻋ ﺩﻌﺒ ﺎﻤﻴﺴﻻﻭ .1982

ﺯﻭﺠﻌﻟﺍ ،ﻡﺨﻀﺘﻟﺍ ﺡﻭﻤﺠ ﻲﻓ ﻡﻫﺎﺴ ﺩﻗﻭ ﺕﺍ

ﻲﻓ ﺓﺭﻤﺘﺴﻤﻟﺍ

ﻙﻟﺫـﻜﻭ ﺔﻴﻠﺨﺍﺩﻟﺍ ﺔﻴﻨﻤﻷﺍ ﺔﻠﻜﺸﻤﻟﺍ ﺭﻴﺜﺄﺘﻭ ،ﺔﻴﺒﺭﻌﻟﺍ ﺕﺍﺩﻋﺎﺴﻤﻟﺍ ﻲﻓ ﺭﻴﺒﻜﻟﺍ ﻊﺠﺍﺭﺘﻟﺍﻭ ﺔﻟﻭﺩﻟﺍ ﺔﻨﺯﺍﻭﻤ ﺏﺒـﺴﺒ

ﺡﺎﻴﺘﺠﻻﺍ

"

ﻲﻠﻴﺌﺍﺭﺴﻹﺍ "

ﻥﺎﻨﺒﻠﻟ . ﻎـﻠﺒ ﺙﻴﺤ ،ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﻊﻔﺘﺭﺍ ﺕﺎﻨﻴﻨﺎﻤﺜﻟﺍ ﻥﻤ ﻲﻨﺎﺜﻟﺍ ﻑﺼﻨﻟﺍ ﻲﻓﻭ %50

ﻡﺎﻋ ﻲﻓ ﻭ 1987

%45 ﻡﺎﻋ ﻲﻓ )1989

،ﻱﺯﻜﺭﻤﻟﺍ ﺔﻴﺭﻭﺴ ﻑﺭﺼﻤ : 1991

-52 .( 53

لﻛﺷ مﻗر ﻲﻧﺎﯾﺑ )

1 :(

ةرﺗﻔﻟا لﻼﺧ ﺔﯾروﺳ ﻲﻓ مﺧﺿﺗﻟا لدﻌﻣ 1970

- 2004

-10 0 10 20 30 40 50 60 70

1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 مﺧﺿﺗﻟا لدﻌﻣ هﺎﺟﺗا طﺧ

ﻰﻟﺇ ﺕﺩﺃ ﹰﺍﺩﺠ ﺓﺩﺎﺤ ﺔﻴﺸﺎﻤﻜﻨﺍ ﺕﺎﺴﺎﻴﺴ ﺕﻌﺒﺘﺍ ﺔﻤﻭﻜﺤﻟﺍ ﻥﺈﻓ ،ﻥﻴﺭﺸﻌﻟﺍ ﻥﺭﻘﻟﺍ ﻥﻤ ﺕﺎﻨﻴﻌﺴﺘﻟﺍ ﻲﻓ ﺎﻤﺃ

ﻪﻟﺩﻌﻤ ﻲﻓ ﺔﺒﻟﺎﺴ ﻡﺎﻗﺭﺃ ﻰﻟﺇ ﹰﻻﻭﺼﻭ ،ﹰﺎﻋﺎﺒﺘ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﺽﻴﻔﺨﺘ )

ﺵﺎﻤﻜﻨﺍ .(

ﻡﻗﺭـﻟﺍ ﻭﻤﻨ لﺩﻌﻤ ﻎﻠﺒ ﺙﻴﺤ

ﻡﺎﻋ ﻲﻓ ﻙﻠﻬﺘﺴﻤﻟﺍ ﺭﺎﻌﺴﻷ ﻲﺴﺎﻴﻘﻟﺍ ﺩﻭﺩﺤﺒ 1999

) - .(%2.6 ﺓﺍﺩﻷﺍ ﺔﻟﻭﺩﻟﺍ ﺔﻨﺯﺍﻭﻤ ﺕﻨﺎﻜﻭ ﻲـﻓ ﺔﻴﺴﻴﺌﺭﻟﺍ

ﻡﺨﻀﺘﻟﺍ ﺓﺭﺍﺩﺇ .

ﻡﺎـﻋ ﻑﺭـﺼﻟﺍ ﺔﻤﺯﺃ ﺩﻌﺒ ﻊﻴﺭﺴ لﻜﺸﺒ ﺕﻠﻘﺘﻨﺍ ﺔﻤﻭﻜﺤﻟﺍ ﻥﺃ ﺕﺎﻨﺎﻴﺒﻟﺍ ﺭﻴﺸﺘﻭ ﻥـﻤ 1986

ﻥﻴﺒ ﺡﻭﺍﺭﺘﻴ ﻱﻭﻨﺴ ﺯﺠﻋ ﺔﺴﺎﻴﺴ ﻭ 30

% 90 ،ﺔﻤﺭﺎـﺼ ﻑﺸﻘﺘ ﺔﺴﺎﻴﺴ ﻰﻟﺇ ،ﺕﺎﻨﻴﻨﺎﻤﺜﻟﺍ ﻲﻓ ﺕﺍﺩﺍﺭﻴﻹﺍ ﻥﻤ

ﻟﺍ ﺎﻫﺩﻌﺒ ﺕﺠﺭﺨ ،ﺔﻤﻭﻜﺤ ﺔﻴﺃ ﻰﻠﻋ ﺓﻭﺴﻘﻟﺍ ﻩﺫﻬﺒ ﺎﻬﻀﺭﻔﺒ ﻲﻟﻭﺩﻟﺍ ﺩﻘﻨﻟﺍ ﻕﻭﺩﻨﺼ ﻡﻠﺤﻴ ﻻ ﻩﺭﺩﻗ ﺽﺌﺎﻔﺒ ﺔﻨﺯﺍﻭﻤ

%9 ﺔﻤﻭﻜﺤﻟﺍ ﺕﺍﺩﺍﺭﻴﺇ ﻥﻤ )

،ﺔﻁﻴﻋ ﺭﻴﻤﺴ :2002

(8

ﺕـﻴﺒﺜﺘﻟﺍ ﺔـﺴﺎﻴﺴ ﺞﺌﺎـﺘﻨ ﺭﺍﺭﻤﺘﺴﺍ ﺏﺒﺴﺒﻭ ،ﻥﻴﺭﺸﻌﻟﺍﻭ ﻱﺩﺎﺤﻟﺍ ﻥﺭﻘﻟﺍ ﻥﻤ ﻰﻟﻭﻷﺍ ﺕﺍﻭﻨﺴﻟﺍ ﻲﻓﻭ

لﺩـﻌﻤ ﻕﻴﻘﺤﺘﺒ ﹰﺎﻘﻓﺍﺭﺘﻤ ﺩﻴﺩﺸ ﺀﻁﺒﺒ ﻡﺨﻀﺘﻟﺍ ﺭﺸﺅﻤ ﻙﺭﺤﺘ ﺩﻘﻓ ،ﺕﺎﻨﻴﻌﺴﺘﻟﺍ ﻲﻨﺴ لﻼﺨ ﺕﻌﺒﺘﺍ ﻲﺘﻟﺍ ﻲﻠﻜﻴﻬﻟﺍ ﺍ ﻥﺴﺤﺘ ﺭﻴﺜﺄﺘﺒ ﻱﺩﺎﺼﺘﻗﺍ ﻭﻤﻨ ﻥﺃ ﻰـﻟﺇ ﺓﺭﺎﺸﻹﺍ ﻊﻤ ،ﻁﻔﻨﻟﺍ ﺭﺎﻌﺴﺃ ﻲﻓ ﻅﻭﺤﻠﻤﻟﺍ ﻉﺎﻔﺘﺭﻻﺍﻭ ﺔﻴﺨﺎﻨﻤﻟﺍ لﺍﻭﺤﻷ

ﺔﺒﺍﺭﻗ لﺜﻤﺘ ﺔﻴﻁﻔﻨﻟﺍ ﺕﺍﺭﺩﺎﺼﻟﺍ %75

ﺔﻴﺭﻭﺴﻟﺍ ﺕﺍﺭﺩﺎﺼﻟﺍ ﻲﻟﺎﻤﺠﺇ ﻥﻤ )

ﺀﺎـﺼﺤﻺﻟ ﻱﺯـﻜﺭﻤﻟﺍ ﺏﺘﻜﻤﻟﺍ ،

رﺪﺼﻤﻟا : تﺎﻧﺎﯿﺑ ﻰﻠﻋ دﺎﻤﺘﻋﻻﺎﺑ ﺣﻺﻟ يﺰﻛﺮﻤﻟا ﺐﺘﻜﻤﻟا

ءﺎﺼ ) 1972 ﻰﻟإ 2005 (

(9)

ﻰﻟﺇ 1972 (2005

ﺔﺒﺴﻨ لﻜﺸﺘ ﺔﻴﻁﻔﻨﻟﺍ ﺕﺍﺩﺍﺭﻴﻹﺍ ﻥﺃﻭ %25

ﺔﻟﻭﺩﻠﻟ ﺔﻤﺎﻌﻟﺍ ﺔﻨﺯﺍﻭﻤﻟﺍ ﺕﺍﺩﺍﺭﻴﺇ ﻲﻟﺎﻤﺠﺇ ﻥﻤ

) ﻟﺎﻤﻟﺍ ﺓﺭﺍﺯﻭ ،ﺔﻴ

:2004 .(12

2 . يروﺳﻟا دﺎﺻﺗﻗﻻا ﻰﻠﻋ مﺧﺿﺗﻟا ﺞﺋﺎﺗﻧ :

ﺭﻴﻏ ﺕﺎﻋﺎﻁﻘﻟﺍ ﻲﻓ ﺕﺍﺭﺎﻤﺜﺘﺴﻻﺍ ﺯﻜﺭﻤﺘﻭ ﺩﺎﺼﺘﻗﻻﺎﺒ ﺔﻘﺜﻟﺍ ﻑﻌﻀ ﻰﻟﺇ ﻕﺒﺎﺴﻟﺍ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﻯﺩﺃ ﺩﻘﻟ

ﺕﺍﺭﺎﻘﻌﻟﺍﻭ ﺕﻼﻤﻌﻟﺍ ﺭﺎﻌﺴﺄﺒ ﺔﺒﺭﺎﻀﻤﻟﺍﻭ ﺕﺍﺭﺎﻴﺴﻟﺍﻭ ﺀﺎﻨﺒﻟﺎﻜ ،ﺔﺠﺘﻨﻤﻟﺍ )

،ﻥﺎﻤﺴﻟﺍ لﻴﺒﻨ .(93

ﺓﺩﺎﻋﺇ ﻰﻟﺇ ﻯﺩﺃﻭ

،ﺀﺎﻴﻨﻏﻷﺍ ﺢﻟﺎﺼﻟ لﺨﺩﻟﺍ ﻊﻴﺯﻭﺘ ﻊﻗﺩـﻤﻟﺍ ﺭﻘﻔﻟﺍ ﺓﺩﺤ ﺓﺩﺎﻴﺯ لﺒﺎﻘﻤ ﺵﺤﺎﻔﻟﺍ ﻰﻨﻐﻟﺍ ﻡﺠﺤ ﺓﺩﺎﻴﺯ ﹰﺎﻴﻟﺎﺤ ﻭﺩﺒﻴ ﺙﻴﺤ

لﺎﻤﻌﻟﺍ ﻑﻭﻔﺼ ﻲﻓ ﺔﻟﺎﻁﺒﻟﺍ ﺓﺩﺎﻴﺯﻭ )

،ﻥﺎﻌﻨﻜ ﻲﻠﻋ :2002

-182 .(183 لﺨﺩـﻟﺍ ﺏﺎﺤـﺼﺃ ﻰﻨﺎـﻋ ﺩﻗﻭ

ﻥﻤ ﺭﺜﻜﺃ ﻰﻟﺇ ﺕﺎﻨﻴﻨﺎﻤﺜﻟﺍ لﻼﺨ ﺭﺎﻌﺴﻷﺍ ﺕﻌﻔﺘﺭﺍ ﺎﻤﻨﻴﺒﻓ ،ﻡﺨﻀﺘﻟﺍ ﺭﺎﺜﺁ ﻥﻤ ﺩﻭﺩﺤﻤﻟﺍ %400

ﻡﻟ لﻭﺨﺩﻟﺍ ﻥﺈﻓ

ﺍﺩﺎﻴﺯ ﺩﻬﺸﺘ ﺜﻜﺃ ﺕ

ﻥﻤ ﺭ %70

ﺎﻬﺴﻔﻨ ﺓﺭﺘﻔﻟﺍ لﻼﺨ )

،لﻴﻤﺠ ﻱﺭﺩﻗ :2001

(6

3 . يروﺳﻟا دﺎﺻﺗﻗﻻا ﻲﻓ مﺧﺿﺗﻟا بﺎﺑﺳأ :

ﺎﻬﻤﻫﺃ لﻤﺍﻭﻌﻟﺍ ﻥﻤ ﺔﻋﻭﻤﺠﻤ لﻌﻔﺒ ﺔﻴﻀﺎﻤﻟﺍ ﺩﻭﻘﻌﻟﺍ لﻼﺨ ﻡﺨﻀﺘﻟﺍ ﺙﺩﺤ ﺩﻘﻟ :

ﺔـﻠﻤﻌﻟﺍ ﺔﻤﻴﻗ ﻁﻭﺒﻫ

؛ﺩﺍﻭـﻤﻟﺍ ﺽﻌﺒﻟ ﺎﻬﻤﻋﺩ ﺔﻟﻭﺩﻟﺍ ﺽﻴﻔﺨﺘﻭ ؛ﻊﻠﺴﻟﺍ ﻥﻤ ﺕﺍﺩﺭﻭﺘﺴﻤﻟﺍ ﺔﻤﻴﻗ ﻰﻠﻋ ﺎﻫﺭﻭﺩﺒ ﺕﺭﺜﺃ ﻲﺘﻟﺍﻭ ،ﺔﻴﻨﻁﻭﻟﺍ ﻟﺍﻭ ﻥﻴﺭﺸﻌﻟﺍ ﻥﺭﻘﻟﺍ ﻥﻤ ﺕﺎﻨﻴﻨﺎﻤﺜﻟﺍ لﻼﺨ ﺔﺼﺎﺨﻭ ،ﻲﺒﺭﻭﻷﺍ ﻱﺩﺎﺼﺘﻗﻻﺍ ﺭﺎﺼﺤ .

لـﻴﻭﻤﺘ ﻰﻟﺇ ﺔﻤﻭﻜﺤﻟﺍ ﺀﻭﺠﻟ ﺕﺎﻨﻴﻨﺎﻤﺜﻟﺍ ﻲﻓ ﻡﺨﻀﺘﻟﺍ ﺔﻠﻜﺸﻤ ﻡﻗﺎﻔﺘ ﻰﻟﺇ ﺕﺩﺃ ﻲﺘﻟﺍ لﻤﺍﻭﻌﻟﺍ ﻥﻴﺒ ﻥﻤﻭ

لـﻴﻭﻤﺘﻟﺍ ﺔـﻴﻠﻤﻌﺒ ﻰﻤـﺴﺘ ﻲﺘﻟﺍ ﺔﻘﻴﺭﻁﻟﺍ ﻲﻫﻭ ،ﻱﺩﻘﻨﻟﺍ ﺭﺍﺩﺼﻹﺍ ﻕﻴﺭﻁ ﻥﻋ ﺔﻟﻭﺩﻠﻟ ﺔﻤﺎﻌﻟﺍ ﺔﻨﺯﺍﻭﻤﻟﺍ ﺯﺠﻋ ﺍ لﻴﻭﻤﺘﻟﺍ ﻭﺃ ﺯﺠﻌﻟﺎﺒ ﺯﺠﻌﻠﻟ ﻲﻤﺨﻀﺘﻟ

. ﺔـﻤﻭﻜﺤﻟﺍ ﺓﺭﺩﻗ ﻊﻓﺭﻭ ،ﺩﻘﻨﻟﺍ ﺽﺭﻋ ﺓﺩﺎﻴﺯ ﻰﻟﺇ ﺔﻘﻴﺭﻁﻟﺍ ﻩﺫﻫ ﻱﺩﺅﺘﻭ

ﻲﻫ ﻪﻘﻤﻋ ﻲﻓﻭ ﺩﺎﺼﺘﻗﻻﺍ ﺢﻁﺴ ﻰﻠﻋ ﹰﺎﻴﻠﺠﺘ ﺭﺜﻜﻷﺍ ﺔﺠﻴﺘﻨﻟﺍ ﻥﻜﻟﻭ ،ﺔﻴﺩﺎﺼﺘﻗﻻﺍ ﺩﺭﺍﻭﻤﻟﺍ ﺽﻌﺒ لﻼﻐﺘﺴﺍ ﻰﻠﻋ ﻡﺨﻀﺘﻟﺍ . ﻡﺎـﻋ ﻲﻓ ﺕﻐﻠﺒ ﺩﻗ ﺯﺠﻌﻟﺎﺒ لﻴﻭﻤﺘﻟﺍ ﺔﺒﺴﻨ ﻥﺃ ﻰﻟﺇ ﺕﺎﻨﺎﻴﺒﻟﺍ ﺭﻴﺸﺘﻭ ﺩﻭﺩـﺤﺒ 1985

%34 لـﺒﺎﻘﻤ

%10 ﻲﻓ ﻡﺎﻋ ﻭ 1990 %14

ﻡﺎﻋ ﻲﻓ

" .1994 ﻥـﻤ ﺓﺭـﺘﻔﻟﺍ لﻼـﺨ ﻡﻫﺎﺴ ﺩﻗ لﻴﻭﻤﺘﻟﺍ ﺍﺫﻫ ﻥﺇ -1985

ﻥﻴﺒ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﺡﻭﺍﺭﺘ ﺙﻴﺤ ﻡﺨﻀﺘﻟﺍ ﺕﻻﺩﻌﻤ ﺓﺩﺎﻴﺯﺒ1995 – 25

%30 ﻰـﻠﻋ ﺔﻴﺒﻠـﺴ ﺭﺎﺜﻵ ﻯﺩﺃﻭ

ﻲﻨﻁﻭﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ) "

،ﻥﺎﻌﻨﻜ ﻲﻠﻋ :2003

(174

ﺯﻤ ﻱﺩﺎﺼﺘﻗﻻﺍ ﺡﺎﺘﻔﻨﻻﺍﻭ ﺕﺍﺭﺎﻤﺜﺘﺴﻻﺍ ﺭﻭﻬﻅ ﺏﻜﺍﻭ ﺕﺎﻨﻴﻌﺴﺘﻟﺍ ﺔﻴﺍﺩﺒ ﻲﻓﻭ ﺭﺎﻌﺴﻷﺍ ﻉﺎﻔﺘﺭﺍ ﻥﻤ ﺩﻴ

ﻡﺎـﻌﻟﺍ ﻉﺎـﻁﻘﻟﺍ ﻲـﻓ ﻥﻴﻠﻤﺎﻌﻟﺍ ﺭﻭﺠﺃ ﻊﻓﺭﻭ ﺎﻬﻨﻋ ﻡﻋﺩﻟﺍ ﻊﻓﺭ ﺔﺠﻴﺘﻨ ﺔﻴﺴﺎﺴﻷﺍ ﺔﻴﻜﻼﻬﺘﺴﻻﺍ ﺩﺍﻭﻤﻠﻟ ﺔﺼﺎﺨﻭ ﺓﺭـﻴﻠﻟﺍ ﺔـﻤﻴﻘﻟ ﹰﺎـﻀﻴﻔﺨﺘ لﺎـﺤﻟﺍ ﻊﻗﺍﻭﺒ لﻜﺸﺘ ﻲﺘﻟﺍﻭ ﺔﻴﺒﻨﺠﻷﺍ ﺕﻼﻤﻌﻠﻟ ﻑﺭﺼﻟﺍ ﺭﺎﻌﺴﺃ ﺩﻴﺤﻭﺘ ﺔﻟﻭﺎﺤﻤﻭ ﺔﻴﺭﻭﺴﻟﺍ ) . ﻥﺎﻤﺴﻟﺍ لﻴﺒﻨ :

(95

ﺔﻴﻟﺎﺘﻟﺍ ﺔﻠﺤﺭﻤﻟﺍ ﻲﻓ ﺎﻤﺃ )

-1994 (2000 ﺎـﻬﻤﺍﻭﻗ ،ﺔﻴﺸﺎﻤﻜﻨﺍ ﺔﻴﻟﺎﻤ ﺔﺴﺎﻴﺴ ﺔﻤﻭﻜﺤﻟﺍ ﺕﺠﻬﺘﻨﺍ ﺩﻘﻓ ،

ﹰﻼﻴﺼﺤﺘ ﺕﺍﺩﺍﺭﻴﻹﺍ ﻰﻠﻋﻭ ﹰﺎﺼﻴﻠﻘﺘ ﻕﺎﻔﻨﻹﺍ ﻰﻠﻋ ﻁﻐﻀﻟﺍ .

ﺯـﺠﻋ ﺹﻴـﻠﻘﺘ ﺔﺴﺎﻴﺴﻟﺍ ﻩﺫﻫ ﺞﺌﺎﺘﻨ ﻥﻤ ﻥﺎﻜ ﺩﻗﻭ

ﻥﻤ ﻡﺨﻀﺘﻟﺍ ﺕﻻﺩﻌﻤ ﺹﻴﻠﻘﺘﻭ ﺔﻨﺯﺍﻭﻤﻟﺍ %8

ﻡﺎﻋ ﻲﻓ ﻡﺎﻋ ﻲﻓ ﺔﺒﻟﺎﺴ ﻡﻴﻗ ﻰﻟﺇ 1997

.1999 ﻥﻤ ﻰﻠﺘ ﺎﻤﻴﻓﻭ

(10)

ﺩﻗ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﻥﺈﻓ ﺕﺍﻭﻨﺴﻟﺍ ﺯﻭﺎﺠﺘﺘ ﻡﻟ ﺔﻟﻭﺒﻘﻤ ﺕﻻﺩﻌﻤﺒ ﻥﻜﻟﻭ ﹰﺍﺩﻭﻌﺼ ﻙﺭﺤﺘ

%4 ﻡﺎـﻋ ﺔﻴﺎﻐﻟ .2004

ﺩﻭـﻜﺭﻟﺍ ﻥـﻤ ﺔـﻠﺤﺭﻤ ﺩـﻌﺒ ﻲﻘﻴﻘﺤﻟﺍ ﻱﺩﺎﺼﺘﻗﻻﺍ ﻭﻤﻨﻟﺍ ﻊﻤ ﺓﺭﺘﻔﻟﺍ ﻩﺫﻫ لﻼﺨ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﻕﻓﺍﺭﺘ ﺩﻗﻭ ﺀﺍﺩﻷﺍ ﻊﺠﺍﺭﺘﻭ ﻱﺩﺎﺼﺘﻗﻻﺍ .

ًﺎﯾﻧﺎﺛ - جذوﻣﻧﻟا يرظﻧﻟا

:

ﺓﺭـﺘﻔﻟﺍ لﻼﺨ ﻱﺭﻭﺴﻟﺍ ﺩﺎﺼﺘﻗﻻﺍ ﻲﻓ ﻡﺨﻀﺘﻟﺍ لﻴﻠﺤﺘ ﻥﻤ ﺎﻨﻟ ﻥﻴﺒﺘ -1970

ﺩـﺼﺭ ﻥـﻤﻭ 2004

ﻡﺨـﻀﺘﻠﻟ ﻪﻨﻴﻌﺒ ﹰﺍﺩﺩﺤﻤ ﹰﻼﻤﺎﻋ ﻙﺎﻨﻫ ﻥﺄﺒ ﺩﻴﻜﺄﺘﻟﺍ ﻥﻜﻤﻴ ﻻ ﻪﻨﺃ ،ﻡﺨﻀﺘﻟﺍ ﺍﺫﻫ ﺕﺠﺘﻨﺃ ﻲﺘﻟﺍ لﻤﺍﻭﻌﻟﺍﻭ ﺏﺎﺒﺴﻷﺍ ﻪﺠﺎﺘﻨﺇ ﻲﻓ ﺭﻓﺎﻅﺘﺘ لﻤﺍﻭﻌﻟﺍ ﻑﻠﺘﺨﻤ ﻥﺄﺒ لﻭﻘﻟﺍ ﻥﻜﻤﻴ لﺒ ،ﺩﺎﺼﺘﻗﻻﺍ ﺍﺫﻫ ﻲﻓ .

ﻰﻟﺇ ﺔﻓﺎﻀﻹﺎﺒ ﺔﻴﺩﻘﻨﻭ ﺔﻴﻟﺎﻤ لﻤﺍﻭﻋ ﻙﺎﻨﻫ ﻥﺈﻓ ،ﻲﻠﻴﻠﺤﺘﻟﺍﻭ ﻱﺭﻅﻨﻟﺍ ﻕﺎﻴﺴﻟﺍ ﻰﻟﺇ ﺓﺩﻭﻌﻟﺎﺒﻭ ﺓﺭﺎـﺠﺘﻟﺍ

ﺎﻫﺭﻭﻁﺘﻭ ﺔﻴﻤﺨﻀﺘﻟﺍ ﻁﻭﻐﻀﻟﺍ ﺭﻭﻬﻅ ﻲﻓ ﺕﻤﻫﺎﺴ ﺩﻗ ﺔﻴﺠﺭﺎﺨﻟﺍ .

ﹰﺎﺤـﻀﺍﻭ ﻥـﻜﻴ ﻡـﻟ ﻪـﻨﺈﻓ ﺔﻘﻴﻘﺤﻟﺍ ﻲﻓﻭ

ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﻥﻴﺒﻭ ﺔﻴﺴﻴﺌﺭﻟﺍ لﻤﺍﻭﻌﻟﺍ ﻩﺫﻫ ﺭﺼﺎﻨﻋ ﻑﻠﺘﺨﻤ ﻥﻴﺒ ﺔﻗﻼﻌﻟﺍ ﺕﺎﻫﺎﺠﺘﺍ .

ﻡﻗﺭ لﻜﺸﻟﺍ ﻥﻴﺒﻴﻭ )

(2

ﻜﺭﻟﺍ ﺭﺸﺅﻤﻭ ﺔﻴﺩﻘﻨﻟﺍ ﺔﺴﺎﻴﺴﻟﺍ ﺭﺸﺅﻤ ﻲﻓ ﺕﺍﺭﻴﻐﺘﻟﺍﻭ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﻲﻓ ﺕﺍﺭﻴﻐﺘﻟﺍ ﻥﺃ ﻑﻴﻜ ﻱﺩﺎـﺼﺘﻗﻻﺍ ﺩﻭ

ﺩﻤﺘﻌﻤﻟﺍ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤﻭ ﺎﻬﻨﻤ ﻱﺃ ﻥﻴﺒ ﺔﻗﻼﻋ ﺩﻭﺠﻭ ﻰﻠﻋ ﻪﻟﻼﺨ ﻥﻤ ﺀﺎﻨﺒﻟﺍ ﻥﻜﻤﻴ ﺔﺠﺭﺩ ﻰﻟﺇ ﺔﺒﺭﺎﻘﺘﻤ ﻭﺩﺒﺘ .

مﻗر ﻲﻧﺎﯾﺑ لﻛﺷ )

2 :(

ةرﺗﻔﻟا لﻼﺧ جذوﻣﻧﻟا تارﯾﻐﺗﻣ 1970

- 2004

-0.5 0 0.5 1 1.5 2

1970 1971

1972 1973

1974 1975

1976 1977

1978 1979

1980 1981

1982 1983

1984 1985

1986 1987

1988 1989

1990 1991

1992 1993

1994 1995

1996 1997

1998 1999

2000 2001

2002 2003

2004

Pm CPI CAB% M2/Gdp

ﻔﻠﺘﺨﻤ ﺕﺎﻴﺭﻅﻨ ﻥﻤ ﻡﺨﻀﺘﻠﻟ ﺓﺭﺴﻔﻤ لﻤﺍﻭﻋ ﻡﺍﺩﺨﺘﺴﻻ ﺓﺩﻴﺩﻋ ﺕﻻﻭﺎﺤﻤ ﺕﺭﺠ ﻙـﻟﺫ ﻲـﻓ ﺎـﻤﺒ ،ﺔ

ﻤﺍﻭﻌﻟﺍ ﺔﻴﺠﺭﺎﺨﻟﺍ ل ،

ﻪﺒ ﻡﺎﻗ ﺎﻤ ،ﺕﻻﻭﺎﺤﻤﻟﺍ ﻩﺫﻫ ﻥﻤﻭ Aghevli and Rodriguez (1979: 45)

ﺙـﻴﺤ

ﻥﺎﺒﺎﻴﻟﺍ ﻲﻓ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤ ﺭﻴﺩﻘﺘﻟ ﺔﻴﻟﺎﺘﻟﺍ ﺔﻐﻴﺼﻟﺍ ﻥﻤ ﺔﻟﺩﺎﻌﻤ ﺎﻤﺩﻗ :

(4) ΔLn P a a Ln M - a Ln GDP a CABP a Δ Ln Pm ut 4

3 2

1 2 1

0

رﺪﺼﻤﻟا : تﺎﻧﺎﯿﺑ ﻰﻠﻋ دﺎﻤﺘﻋﻻﺎﺑ ءﺎﺼﺣﻺﻟ يﺰﻛﺮﻤﻟا ﺐﺘﻜﻤﻟا

) 1972 ﻰﻟإ 2005 (

(11)

ﺙﻴﺤ :

∆Ln P :

ﻡﺩﺨﺘﺴﻤﻟﺍ ﺭﺎﻌﺴﻷﺍ ﺱﺎﻴﻘﻤﻟ ﻲﻌﻴﺒﻁﻟﺍ ﻡﺘﻴﺭﺎﻏﻭﻠﻟ لﻭﻷﺍ ﻕﺭﻔﻟﺍ

Ln M2-1

: ﺔﻘﺒﺎﺴﻟﺍ ﺔﻨﺴﻠﻟ ﻱﺩﻘﻨﻟﺍ ﺽﺭﻌﻠﻟ ﻲﻌﻴﺒﻁﻟﺍ ﻡﺘﻴﺭﺎﻏﻭﻠﻟﺍ

Ln GDP :

ﺔﺘﺒﺎﺜﻟﺍ ﺭﺎﻌﺴﻷﺎﺒ ﻲﻟﺎﻤﺠﻹﺍ ﻲﻠﺤﻤﻟﺍ ﺞﺘﺎﻨﻠﻟ ﻲﻌﻴﺒﻁﻟﺍ ﻡﺘﻴﺭﺎﻏﻭﻠﻟﺍ

:CABP

ﻩﺭﺎﺒﺘﻋﺎﺒ ،ﻱﺩﺎﺼﺘﻗﻻﺍ ﻁﺎﺸﻨﻟﺍ ﺩﻭﻜﺭ ﺭﻴﻐﺘ ﻟ ﺔﻴﻭﺌﻤﻟﺍ ﺔﺒﺴﻨﻟﺍ

ﺔﻤﻴﻘﻟﺍﻭ ﺔﻴﻫﺎﺠﺘﻻﺍ ﺔﻤﻴﻘﻟﺍ ﻥﻴﺒ ﻕﺭﻔﻠ

ﺔﺒﺴﻨﻜ ﻲﻘﻴﻘﺤﻟﺍ ﻲﻠﺤﻤﻟﺍ ﺞﺘﺎﻨﻟﺍ ﻲﻟﺎﻤﺠﻹ ﺔﻴﻠﻌﻔﻟﺍ ﺔﻴﻭﺌﻤ

2

.ii

∆ Ln Pm :

ﺕﺍﺩﺭﻭﺘﺴﻤﻟﺍ ﺭﺎﻌﺴﻷ ﻲﺴﺎﻴﻘﻟﺍ ﻡﻗﺭﻠﻟ ﻲﻌﻴﺒﻁﻟﺍ ﻡﺘﻴﺭﺎﻏﻭﻠﻟ لﻭﻷﺍ ﻕﺭﺎﻔﻟﺍ .

ut

: ﺭﺍﺩﺤﻨﻻﺍ ﺔﻟﺩﺎﻌﻤ ﻲﻗﺍﻭﺒ

a0

، a1

a2 ،

a3 ،

a4 ،

ﺭﺍﺩﺤﻨﻻﺍ ﺔﻟﺩﺎﻌﻤ ﺕﻼﻤﺎﻌﻤ: .

ﻡﺨﻀﺘﻟﺍ ﻩﺭﻭﺩﺒ ﺩﺩﺤﺘﻴ ﻱﺫﻟﺍ ،ﺔﻴﺠﺎﺘﻨﻹﺎﺒ ﺔﻟﺩﻌﻤﻟﺍ لﻤﻌﻟﺍ ﻑﻴﻟﺎﻜﺘ ﺭﻴﻐﺘﻤ ﻯﺭﺨﺃ ﺕﺎﺴﺍﺭﺩ ﺕﻤﺩﺨﺘﺴﺍﻭ

ﻐﻀ ﺔﺠﺭﺩﻭ ﻊﻗﻭﺘﻤﻟﺍ ﺏﻠﻁﻟﺍ ﻁﻭ

) (CABP ﻡﺨﻀﺘﻟﺍ ﺕﻻﺩﻌﻤ ﺭﻴﺴﻔﺘ ﻲﻓ

. ﻥﺃ ﺔﻴﻘﻴﺒﻁﺘ ﺕﺎﺴﺍﺭﺩ ﺕﻅﺤﻻ ﺩﻗﻭ

ﻲـﻠﺤﻤﻟﺍ ﺞﺘﺎـﻨﻟﺍ ﺽﻔﺨﻤ ﺱﺎﺴﺃ ﻰﻠﻋ ﻡﺨﻀﺘﻟﺍ لﺩﻌﻤﺒ ﺅﺒﻨﺘﻟﺍ ﻰﻠﻋ ﺩﻋﺎﺴﻴ ﻡﻟ لﻤﻌﻟﺍ ﺓﺩﺤﻭ ﻑﻴﻟﺎﻜﺘ ﻲﻓ ﻭﻤﻨﻟﺍ ﺩﺤﺘﻤﻟﺍ ﺕﺎﻴﻻﻭﻟﺍ ﻲﻓ ﻲﻟﺎﻤﺠﻹﺍ ﺓ

ﺓﺭﺘﻔﻟﺍ لﻼﺨ ﻙﻟﺫﻭ -1955

)1992 ،ﻱﺭﻭﺨﻟﺍ ﺭﻴﻤﺴ :1997

(101

ﺩﻟﺍ ﻩﺫﻫ ﻡﺩﺨﺘﺴﺘ ﻑﻭﺴﻭ ﻡﺨﻀﺘﻟﺍ ﺕﺍﺩﺩﺤﻤ ﺭﺎﺒﺘﺨﻻ ﹰﻻﺩﻌﻤ ﹰﺎﺠﺫﻭﻤﻨ ﺔﺴﺍﺭ

. ﻥـﻤ ﻥﺃ ﺔﺴﺍﺭﺩﻟﺍ ﺡﺭﺘﻘﺘﻭ

ﺝﺫﻭﻤﻨﻟﺍ ﻲﻓ لﺨﺩﺘﺴ ﻲﺘﻟﺍ ﺕﺍﺩﺩﺤﻤﻟﺍ :

ﻱﺩﻘﻨﻟﺍ ﺽﺭﻌﻟﺍ ﺔﺒﺴﻨﺒ ﻪﻨﻋ ﺭﺒﻌﻴ ﻱﺫﻟﺍﻭ ﺔﻴﺩﻘﻨﻟﺍ ﺔﺴﺎﻴﺴﻟﺍ ﺭﻴﻐﺘﻤ M2

ﻲﻟﺎﻤﺠﻹﺍ ﻲﻠﺤﻤﻟﺍ ﺞﺘﺎﻨﻟﺍ ﻰﻟﺇ ﺕﺍﺩﺭﻭﺘﺴﻤﻟﺍ ﺭﺎﻌﺴﺃﻭ ؛GDP

ﺭﺎﻌـﺴﻷ ﻲـﺴﺎﻴﻘﻟﺍ ﻡﻗﺭﻟﺎـﺒ ﺎﻬﻨﻋ ﹰﺍﺭﺒﻌﻤ ،Pm

ﻭ ؛ﺕﺍﺩﺭﻭﺘﺴﻤﻟﺍ ﺏﻠﻁﻟﺍ ﺓﻭﺠﻓ ﺭﻴﻐﺘﻤ

ﻕﺭـﻔﻠﻟ ﺔﻴﻭﺌﻤﻟﺍ ﺔﺒﺴﻨﻟﺎﺒ ﺓﻭﺠﻔﻟﺍ ﻩﺫﻫ ﻥﻋ ﺭﻴﺒﻌﺘﻟﺍ ﻥﻜﻤﻴ ﺙﻴﺤ ،CABP

ﻲﺒﺴﻨﻟﺍ ﻲﻟﺎﻤﺠﻹﺍ ﻲﻠﺤﻤﻟﺍ ﺞﺘﺎﻨﻟﺍ ﻥﻴﺒ ﻲﻤﻭﻘﻟﺍ لﺨﺩﻟﺍﻭ GDP

)NI ﺔﺘﺒﺎﺜﻟﺍ ﺭﺎﻌﺴﻷﺎﺒ .(

ﻱﺃ :

(5) *100

t t t

NI GDP CABP NI

ﻲﻟﺎﺘﻟﺍ ﻲﻀﺎﻴﺭﻟﺍ لﻜﺸﻟﺎﺒ ﻩﺭﺎﺒﺘﺨﺍ ﻡﺘﻴﺴ ﻱﺫﻟﺍ ﺝﺫﻭﻤﻨﻟﺍ ﻥﻋ ﺭﻴﺒﻌﺘﻟﺍ ﻥﻜﻤﻴ ﻥﺫﺇ :

(6) ( 2 ;Pm;CABP)

GDP f M p

ﻲـﻌﻴﺒﻁﻟﺍ ﻡﺘﻴﺭﺎﻏﻭﻠﻟﺍ ﺫﺨﺃ ﺩﻌﺒ ﻙﻟﺫﻭ ،ﻲﻟﺎﺘﻟﺍ لﻜﺸﻟﺍ ﺝﺫﻭﻤﻨﻠﻟ ﺔﻴﺴﺎﻴﻘﻟﺍ ﺔﻴﺩﺎﺼﺘﻗﻻﺍ ﺔﻐﻴﺼﻟﺍ ﺫﺨﺄﺘﺴﻭ

ﺝﺫﻭﻤﻨﻟﺍ ﺕﺍﺭﻴﻐﺘﻤﻟ :

-2

نذإ : GDPT 100

GDP -

CABPGDPT

ﺚﯿﺣ GDPT ﺔﻟدﺎﻌﻤﻟا ﻦﻣ ﺎﮭﯿﻠﻋ لﻮﺼﺤﻟا ﻢﺘﯾو ﻲﻘﯿﻘﺤﻟا ﺞﺗﺎﻨﻠﻟ ﺔﯿھﺎﺠﺗﻻا ﺔﻤﯿﻘﻟا

t:

GDP 0 1

ln

ﺚﯿﺣ t و ﻦﻣﺰﻟا ﻞﺜﻤﺗ

1

ﻲﻄﺳﻮﻟا يﻮﻨﺴﻟا ﻮﻤﻨﻟا لﺪﻌﻣ ﻞﺜﻤﺗ .

(12)

(7) t t

t

t t LnPm CABP u

GDP Ln M p

LnP 2

0

ﺙﻴﺤ :

p0

، ut

، ﺭﺍﺩﺤﻨﻻﺍ ﺔﻟﺩﺎﻌﻤ ﻲﻗﺍﻭﺒ لﺜﻤﺘ .

ﺙﻴﺤ ) 0

n i

t ut

(

، ، : ﺭﺍﺩﺤﻨﻻﺍ ﺔﻟﺩﺎﻌﻤ ﺕﺒﺍﻭﺜ لﺜﻤﺘ .

ﻲﻤﺘﻴﺭﺎـﻏﻭﻠﻟﺍ لﻜـﺸﻟﺍ ﺎﻨﻤﺩﺨﺘﺴﺍ ﺎﻨﻨﺃ ﺭﺎﺒﺘﻋﺍ ﻰﻠﻋﻭ

ﻥـﻤ ﺭـﻴﻐﺘﻤ لـﻜﻟ ﺔﺒﺴﻨﻟﺎﺒ ﻡﺨﻀﺘﻠﻟ ﺔﻨﻭﺭﻤﻟﺍ ﺕﻼﻤﺎﻌﻤ لﺜﻤﺘ ﺕﺒﺍﻭﺜﻟﺍ ﻩﺫﻫ ﻥﺈﻓ ﺭﺍﺩﺤﻨﻻﺍ ﺔﻟﺩﺎﻌﻤﻟ ﻲﻓ ﺔﻠﺨﺍﺩﻟﺍ ﺔﻠﻘﺘﺴﻤﻟﺍ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﺝﺫﻭﻤﻨﻟﺍ

.

ًﺎﺛﻟﺎﺛ - بﻧاوﺟﻟا ﺔﯾﺟﮭﻧﻣﻟا

:

ﺔﻴﺒﺒﺴﻟﺍ ﺔﻗﻼﻌﻟﺍ لﻴﻠﺤﺘ ﻰﻟﺇ ﺔﺴﺍﺭﺩﻟﺍ ﻩﺫﻫ ﻑﺩﻬﺘ ﻲـﻓ ﻪـﺘﺍﺩﺩﺤﻤﻭ ﻡﺨـﻀﺘﻟﺍ ﺭﺸﺅﻤ ﻥﻴﺒ ﺎﻬﻫﺎﺠﺘﺍﻭ

ﺔﻴﺭﻭﺴ . ﺭﻴﺩـﻘﺘﻟﺍ ﺔـﻴﻠﻤﻋ ﻪﻴﻠﻋ ﻡﻭﻘﺘ ﻱﺫﻟﺍ ﺱﺎﺴﻷﺍ ﺙﻟﺎﺜﻟﺍ ﺭﻭﺤﻤﻟﺍ ﻲﻓ ﻩﺩﺎﻤﺘﻋﺍ ﻡﺘ ﻱﺫﻟﺍ ﺝﺫﻭﻤﻨﻟﺍ ﺭﺒﺘﻌﻴﻭ .

ﺔﻗﻼﻋ ﺩﻭﺠﻭ ﺭﺎﺒﺘﺨﺎﺒ ﺭﻭﺤﻤﻟﺍ ﺍﺫﻫ ﻲﻓ ﺔﺴﺍﺭﺩﻟﺍ ﻡﻭﻘﺘﺴﻭ ﻡﺨـﻀﺘﻟﺍ لﺩـﻌﻤ ﻲﻓ ﺕﺍﺭﻴﻐﺘﻟﺍ ﻥﻴﺒ لﺠﻷﺍ ﺔﻠﻴﻭﻁ

ﻩﺎﺠﺘﺍ ﺩﻴﺩﺤﺘﻭ لﺠﻷﺍ ﺓﺭﻴﺼﻗ ﺔﻗﻼﻋ ﺩﻭﺠﻭ ﺭﺎﺒﺘﺨﺍﻭ ،ﻙﺭﺘﺸﻤﻟﺍ لﻤﺎﻜﺘﻟﺍ ﺭﺎﺒﺘﺨﺍ لﻼﺨ ﻥﻤ ﺓﺩﻤﺘﻌﻤﻟﺍ ﻪﺘﺍﺩﺩﺤﻤﻭ ﺭﺎﺒﺘﺨﺍ ﻡﺍﺩﺨﺘﺴﺎﺒ ﺝﺫﻭﻤﻨﻟﺍ ﻲﻓ ﺔﻠﺨﺍﺩﻟﺍ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﻥﻴﺒ ﺔﻴﺒﺒﺴﻟﺍ ﺔﻗﻼﻌﻟﺍ Granger

ﺔﻴﺒﺒﺴﻠﻟ .

ﻥﺴﻨﺎﻫﻭﺠ ﺏﻭﻠﺴﺃ ﺙﺤﺒﻟﺍ ﺍﺫﻫ ﻡﺩﺨﺘﺴﻴﻭ Johansen

ﺕـﻨﺎﻜ ﺍﺫﺇ ﺎـﻤ ﺩﻴﺩﺤﺘﻟ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﺩﺩﻌﺘﻤﻟﺍ

ﹰﺎﻜﺭﺘﺸﻤ ﹰﻼﻤﺎﻜﺘ ﺔﻠﻤﺎﻜﺘﻤ ﺝﺫﻭﻤﻨﻟﺍ ﻲﻓ ﺔﻠﺨﺍﺩﻟﺍ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ .

ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﺩﺩﻌﺘﻤ ﻙﺭﺘﺸﻤﻟﺍ لﻤﺎﻜﺘﻟﺍ ﺭﺎﺒﺘﺨﺍ ﺩﻌﻴﻭ

لﺠﻨﺇ ﻥﻤ لﻜ لﺒﻗ ﻥﻤ ﺡﺭﺘﻘﻤﻟﺍ ﻥﻴﺘﻭﻁﺨﻟﺍ ﺏﻭﻠﺴﺃ ﻥﻤ لﻀﻓﺃ ﺭﺠﻨﺍﺭﻏﻭ

Engle and Granger ﻱﺫـﻟﺍﻭ

ﺩﻴﺤﻭ ﻙﺭﺘﺸﻤﻟﺍ لﻤﺎﻜﺘﻟﺍ ﻪﺠﺘﻤ ﻥﺃ ﺽﺭﺘﻔﻴ Unique

ﻥﻴـﻌﺒ ﺫـﺨﺄﻴ ﻪـﻨﺄﺒ ﻥـﺴﻨﺎﻫﻭﺠ ﺏﻭﻠﺴﺃ ﺯﺎﺘﻤﻴ ﺎﻤﻜ ،

لﻭـﺤ ﺓﺩﺩـﻌﺘﻤ ﺕﺍﺭﺎـﺒﺘﺨﺎﺒ ﺢﻤﺴﻴ ﺏﻭﻠﺴﻷﺍ ﺍﺫﻫ ﻥﺃ ﻙﻟﺫ ﻰﻟﺇ ﻑﺎﻀﻴ ،ﻲﺌﺍﻭﺸﻌﻟﺍ ﻙﻭﻠﺴﻟﺍ ﻁﻤﻨ ﺭﺎﺒﺘﻋﻻﺍ ﺔﻔﻴﻌـﻀﻟﺍ ﺔﻴﺠﺭﺎﺨﻟﺍ ﺕﺎﻀﺍﺭﺘﻓﺍﻭ ﻙﺭﺘﺸﻤﻟﺍ لﻤﺎﻜﺘﻟﺍ ﺕﺎﻬﺠﺘﻤ Weak Exogeneity

،ﺕﺍﺭـﻴﻐﺘﻤﻟﺍ ﻥﻴـﺒ

ﻟﺍ ﺞﻟﺎﻌﻴ ﻪﻨﻷ ﹰﺍﺭﻅﻨ ﻥﺴﻨﺎﻫﻭﺠ ﺏﻭﻠﺴﺃ لﻀﻔﻴ ﹰﺍﺭﻴﺨﺃﻭ ﺓﺭﻴﻐﺼﻟﺍ ﺕﺎﻨﻴﻌﻟﺍ ﻲﻓ ﺱﺎﻴﻘﻟﺍ ﺀﺎﻁﺨﺃ ﻥﻤ ﺞﺘﺎﻨﻟﺍ ﺯﻴﺤﺘ

.

) ،ﻲﻋﺯﺎﺒﻟﺍ ﻥﺎﻤﻠﺴ ﻥﺒ ﺩﻤﺤ 1998

: (273 iii3

ًﺎﻌﺑار - جذوﻣﻧﻟا تﺎﻧﺎﯾﺑ :

ﻡﺍﺩﺨﺘـﺴﺍ ﻡﺘ ﺩﻘﻓ ﺭﻴﺼﻘﻟﺍﻭ لﻴﻭﻁﻟﺍ ﻥﻴﻠﺠﻷﺍ ﻲﻓ ﺔﺴﺍﺭﺩﻟﺍ ﻩﺫﻫ ﻲﻓ ﺩﻤﺘﻌﻤﻟﺍ ﺝﺫﻭﻤﻨﻟﺍ ﺭﻴﺩﻘﺘ لﺠﺃ ﻥﻤ

ﺓﺭﺘﻔﻠﻟ ﺔﻴﻭﻨﺴ ﺕﺎﻨﺎﻴﺒ )

-1970 (2004

ﻴﺭﻭﺴﻟﺍ ﺔﻴﺌﺎﺼﺤﻹﺍ ﺔﻋﻭﻤﺠﻤﻟﺍ ﻥﻤ ﺔ

. ﻡﺍﺩﺨﺘـﺴﺍ ﺩﻴﻔﻤﻟﺍ ﻥﻤ ﻥﺎﻜ ﺩﻗﻭ

ﺞﺘﺎـﻨﻟﺍ ﺕﺎـﻨﺎﻴﺒ ﺎﻤﻴﺴﻻﻭ ﺏﻟﺎﻐﻟﺍ ﻲﻓ ﺔﻴﻭﻨﺴ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﺏﻠﻏﺃ ﻥﻋ ﺓﺭﻭﺸﻨﻤﻟﺍ ﺕﺎﻨﺎﻴﺒﻟﺍ ﻥﻜﻟﻭ ﺔﻴﻠﺼﻓ ﺕﺎﻨﺎﻴﺒ ﻡﻗﺭـﻟﺍ ﻥـﻋ ﺔﻴﺭﻬﺸﻭ ﺔﻴﻠﺼﻓ ﺕﺎﻨﺎﻴﺒ ﺀﺎﺼﺤﻺﻟ ﻱﺯﻜﺭﻤﻟﺍ ﺏﺘﻜﻤﻟﺍ ﻯﺩﻟ ﺭﻓﻭﺘﻴ ﻪﻨﺄﺒ ﹰﺎﻤﻠﻋ ،ﻲﻟﺎﻤﺠﻹﺍ ﻲﻠﺤﻤﻟﺍ

-3

ﺸﻤﻟا ﻞﻣﺎﻜﺘﻟا ﺔﯿﺠﮭﻨﻣ لﻮﺣ ﻞﯿﺼﻔﺘﻟا ﻦﻣ ﺪﯾﺰﻤﻟ ﻲﻋزﺎﺒﻟا تﺎﺑﺎﺘﻛ ﻰﻟإ ةدﻮﻌﻟا ﻦﻜﻤﯾ ﺔﯿﺒﺒﺴﻟا تارﺎﺒﺘﺧاو كﺮﺘ

) 1997 ، 1998 ( ً ﺎﺣﺮﺷ ﻦﻤﻀﺘﺗ ﻲﺘﻟا

ﺔﯿﺠﮭﻨﻤﻟا هﺬھ لﻮﺣ ً ﺎﯿﻓاو .

(13)

ﻡﻗﺭﻟﺍ ﻡﺴﺍ ﺕﺤﺘ ﹰﺎﻴﺭﻭﺩ ﺓﺭﻭﺸﻨﻤ ،ﺭﺎﻌﺴﻸﻟ ﻲﺴﺎﻴﻘﻟﺍ ﺔﺌﺯﺠﺘﻟﺍ ﺭﺎﻌﺴﻸﻟ ﻲﺴﺎﻴﻘﻟﺍ

. ﻑﺭـﺼﻤﻟﺍ ﻯﺩـﻟ ﺭﻓﻭـﺘﻴﻭ

ﺓﺭﻭﺸﻨﻤ ،ﺕﺍﺩﺭﻭﺘﺴﻤﻟﺍ ﺭﺎﻌﺴﻷ ﻲﺴﺎﻴﻘﻟﺍ ﻡﻗﺭﻟﺍ ﻥﻋﻭ ﻱﺩﻘﻨﻟﺍ ﺽﺭﻌﻟﺍ ﻥﻋ ﺔﻴﻠﺼﻓﻭ ﺔﻴﺭﻬﺸ ﺕﺎﻨﺎﻴﺒ ﻱﺯﻜﺭﻤﻟﺍ ﻑﺭﺼﻤﻟﺍ ﺎﻫﺭﺩﺼﻴ ﻲﺘﻟﺍ ﺔﻴﻌﺒﺭﻟﺍ ﺓﺭﺸﻨﻟﺍ ﻲﻓ .

مﻗر لودﺟ )

1 :(

جذوﻣﻧﻟا تﺎﻧﺎﯾﺑﻟ ﺔﯾﺋﺎﺻﺣﻹا صﺋﺎﺻﺧﻟا

LN_CPI LN_M2OGDP

CABP LN_PM

LN_GDP

طﺳوﺗﻣﻟا 4.103

-3.897 -0.148

4.486 13.207

طﯾﺳوﻟا 4.335

-3.883 -0.171

4.566 13.245

رﺑﻛﻷا ﺔﻣﯾﻘﻟا 4.709

-3.388 0.023

4.947 13.853

رﻐﺻﻷا ﺔﻣﯾﻘﻟا 3.032

-4.367 -0.345

3.995 12.11

يرﺎﯾﻌﻣﻟا فارﺣﻧﻻا 0.542

0.268 0.097

0.241 0.466

ءاوﺗﻟﻹا -0.563

0.226 -0.019

-0.573 -0.697

ﺢطﻠﻔﺗﻟا 1.929

2.368 2.095

2.41 2.768

157.018 -5.169 -136.381 143.607 عوﻣﺟﻣﻟا

462.229

تادھﺎﺷﻣﻟا ددﻋ 35

35 35

35 35

ردﺻﻣﻟا : ءﺎﺻﺣﻺﻟ يزﻛرﻣﻟا بﺗﻛﻣﻟا ﻲﻓ ةروﺷﻧﻣﻟا تﺎﻧﺎﯾﺑﻟا ﻰﻠﻋ دﺎﻣﺗﻋﻻﺎﺑ ﺔﺑوﺳﺣﻣ ﺞﺋﺎﺗﻧ )

1972 ﻰﻟإ 2005 ( ﺔﯾﻌﺑرﻟا ةرﺷﻧﻟاو ،

يزﻛرﻣﻟا فرﺻﻣﻟا نﻋ ةردﺎﺻﻟا -

قﺷﻣد LN_X

رﯾﻐﺗﻣﻠﻟ ﻲﻌﯾﺑطﻟا مﺗﯾرﺎﻏوﻠﻟا

X CPI

كﻠﮭﺗﺳﻣﻟا رﺎﻌﺳﻷ ﻲﺳﺎﯾﻘﻟا مﻗرﻟا )

سﺎﺳﻷا ﺔﻧﺳ 2000

(

M2oGDP ﺔﯾدﻘﻧﻟا ﺔﺳﺎﯾﺳﻟا رﺷؤﻣ

) ﻊﺳوﻣﻟا يدﻘﻧﻟا ضرﻌﻟا ﺔﺑﺳﻧ M2

ﻲﻠﺣﻣﻟا ﺞﺗﺎﻧﻟا ﻰﻟإ

ﻲﻟﺎﻣﺟﻹا

( CABP

يدﺎﺻﺗﻗﻻا دوﻛرﻟا رﺷؤﻣ PM ﺎﯾﻘﻟا مﻗرﻟا تادروﺗﺳﻣﻟا رﺎﻌﺳﻷ ﻲﺳ )

سﺎﺳﻷا ﺔﻧﺳ 2000

(

GDP ﻲﻟﺎﻣﺟﻹا ﻲﻠﺣﻣﻟا ﺞﺗﺎﻧﻟا

ﻡﻗﺭ لﻭﺩﺠﻟﺍ ﻥﻴﺒﻴﻭ )

( 1 ﺝﺫﻭﻤﻨﻟﺍ ﺕﺍﺭﻴﻐﺘﻤﻟ ﺔﻴﺌﺎﺼﺤﻹﺍ ﺹﺌﺎﺼﺨﻟﺍ ﺽﻌﺒ .

لﻭﺩـﺠﻟﺍ ﺍﺫﻫ ﻥﻤﻭ

ﻲـﺴﺎﻴﻘﻟﺍ ﻡﻗﺭـﻟﺍ ﺕﺍﺭﺸﺅﻤﻟ ﺔﺒﺴﻨﻟﺎﺒ ﺔﺼﺎﺨﻭ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﺏﻠﻏﺃ ﻲﻓ ﺭﻴﺒﻜ ﻱﺭﺎﻴﻌﻤﻟﺍ ﻑﺍﺭﺤﻨﻻﺍ ﻥﺄﺒ ﻅﺤﻼﻨ ﺴﺎﻴﻘﻟﺍ ﻡﻗﺭﻟﺍﻭ ﺭﺎﻌﺴﻸﻟ ﻲﻟﺎﻤﺠﻹﺍ ﻲﻠﺤﻤﻟﺍ ﺞﺘﺎﻨﻟﺍﻭ ﻲﻤﻭﻘﻟﺍ لﺨﺩﻟﺍﻭ ﺕﺍﺩﺭﻭﺘﺴﻤﻟﺍ ﺭﺎﻌﺴﻷ ﻲ

.

ًﺎﺳﻣﺎﺧ - ﺔﯾﺋﺎﺻﺣﻹا ﺞﺋﺎﺗﻧﻟا :

ﺕﻴﺭﺠﺃ ﺝﺫﻭـﻤﻨﻭ ﻙﺭﺘـﺸﻤﻟﺍ لﻤﺎﻜﺘﻟﺍﻭ ﺔﻴﻨﻤﺯﻟﺍ لﺴﻼﺴﻟﺍ ﺭﺍﺭﻘﺘﺴﺎﺒ ﺔﻘﻠﻌﺘﻤﻟﺍ ﺓﺩﺎﺘﻌﻤﻟﺍ ﺕﺍﺭﺎﺒﺘﺨﻻﺍ

ﺕﺍﺭﺎﺒﺘﺨﻻﺍ ﻙﻠﺘ ﺞﺌﺎﺘﻨﻟ ﺽﺭﻋ ﻲﻠﻴ ﺎﻤﻴﻓﻭ ،ﺔﻴﺒﺒﺴﻟﺍ ﺭﺎﺒﺘﺨﻻ ﺄﻁﺨﻟﺍ ﺢﻴﺤﺼﺘ .

1 . ةدﺣوﻟا رذﺟ رﺎﺑﺗﺧا :

ﺎـﻬﻠﻤﺎﻜﺘ ﺔﺠﺭﺩﻭ لﺴﻼﺴﻟﺍ ﻩﺫﻫ ﺭﺍﺭﻘﺘﺴﺍ ﻥﻤ ﺩﻜﺄﺘﻟﺍ لﺠﺃ ﻥﻤ ﹰﺎﻤﻬﻤ ﺔﻴﻨﻤﺯﻟﺍ لﺴﻼﺴﻟﺍ لﻴﻠﺤﺘ ﺭﺒﺘﻌﻴ .

ﺕﺤﻀﻭﺃ ﺩﻘﻓ ﻟﺍ

ﺴﺍﺭﺩ ﺕﺎ ﺓﺩﺤﻭﻟﺍ ﺭﺫﺠ ﻰﻠﻋ ﺎﻬﺌﺍﻭﺘﺤﻻ ﺭﺍﺭﻘﺘﺴﻻﺍ ﻡﺩﻌﺒ ﻡﺴﺘﺘ ﺔﻴﻨﻤﺯﻟﺍ لﺴﻼﺴﻟﺍ ﻥﻤ ﹰﺍﺭﻴﺜﻜ ﻥﺃ .

ﻴﻠﻘﺘﺴﻤ ﺭﻴﻏ ﺭﻴﻐﺘﻤﻟﺍ ﻥﻴﺎﺒﺘﻭ ﻁﺴﻭﺘﻤ ﻥﺃ ﺔﻴﻨﻤﺯ ﺔﻠﺴﻠﺴ ﻱﺃ ﻲﻓ ﺓﺩﺤﻭﻟﺍ ﺭﺫﺠ ﺩﻭﺠﻭ ﻲﻨﻌﻴﻭ ﻥﻤﺯـﻟﺍ ﻥـﻋ ﻥ

.

ﻰـﻟﺇ ﺔﻴﺴﺎﻴﻘﻟﺍ ﺝﺫﺎﻤﻨﻟﺍ ﻲﻓ ﺓﺩﺤﻭ ﺭﺫﺠ ﻰﻠﻋ ﹰﻼﻌﻓ ﻱﻭﺘﺤﺘ ﻲﺘﻟﺍ ﺔﻴﻨﻤﺯﻟﺍ لﺴﻼﺴﻟﺍ ﺭﺍﺭﻘﺘﺴﺍ ﺽﺍﺭﺘﻓﺍ ﻱﺩﺅﻴﻭ ﻲﺴﺎﻴﻘﻟﺍ لﻻﺩﺘﺴﻻﺍﻭ لﻴﻠﺤﺘﻟﺍ ﻲﻓ لﻜﺎﺸﻤﻭ ﺎﻬﻨﻴﺒ ﻑﺌﺍﺯ ﻁﺎﺒﺘﺭﺍ ﺩﻭﺠﻭ )

،ﺭﻴﺩﻘﻟﺍ ﺩﻟﺎﺨ :2005

.(210

(14)

ﻲـﻜﻴﺩ ﺭﺎﺒﺘﺨﺍ ﺩﻌﻴﻭ -

ﻊـﺴﻭﻤﻟﺍ ﺭﻟﻭـﻓ Augmented Dickey-Fuller (ADF)

ﺭﻬـﺸﺃ ﻥـﻤ

ﺍ ﺎﻬﻠﻤﺎﻜﺘ ﺔﺠﺭﺩ ﺩﻴﺩﺤﺘﻭ ﺔﻴﻨﻤﺯﻟﺍ لﺴﻼﺴﻟﺍ ﺭﺍﺭﻘﺘﺴﺍ ﺭﺎﺒﺘﺨﻻ ﺔﻤﺩﺨﺘﺴﻤﻟﺍ ﺕﺍﺭﺎﺒﺘﺨﻻ .

ﺭﻴﺩـﻘﺘﻟﺍ ﺔﻟﺩﺎﻌﻤ ﺫﺨﺄﺘﻭ

ﻲﻟﺎﺘﻟﺍ لﻜﺸﻟﺍ

:

Yt t Yt1 Ytj et (8)

ﺭﺎﺒﺘﺨﻻﺍ ﻥﻤﻀﺘﻴﻭ ﺽﻭﺭﻔﻟﺍ

ﺔﻴﻟﺎﺘﻟﺍ :

0

ﻱﺃ Yt

ﻰﻟﻭﻷﺍ ﺔﺠﺭﺩﻟﺍ ﻥﻤ ﺔﻠﻤﺎﻜﺘﻤ I(1)

ﻜ ﺍﺫﺇ ﺔﻴﻀﺭﻔﻟﺍ ﻩﺫﻫ ﺽﻓﺭ ﻡﺘﻴﻭ ، ﺔﺒﻭﺴﺤﻤﻟﺍ ﺔﻤﻴﻘﻟﺍ ﺕﻨﺎ

ـﻟ ﺔﻤﻠﻌﻤﻠﻟ t )

( ﺔﺠﺭﺤﻟﺍ ﺔﻤﻴﻘﻟﺍ ﻥﻤ ﺭﺒﻜﺃ .

1

ﻥﺃ ﻱﺃ Yt ﻥﺃ ﺹﻠﺨﺘـﺴﻨ ﺔﻴـﻀﺭﻔﻟﺍ ﻩﺫﻫ لﻭﺒﻘﺒﻭ ،ﺩﺩﺤﻤ ﻩﺎﺠﺘﺍ ﻥﻭﺩ ﻲﺌﺍﻭﺸﻋ ﻩﺎﺠﺘﺍ ﺕﺍﺫ Yt

ﺕﺍﺫ

ﻲﺌﺍﻭﺸﻋ ﺭﺎﺴﻤ .

1

0

t 0

ﻥﺃ ﻱﺃ Yt ﻑﺍﺭﺤﻨﺍ ﻭﺃ ﺩﺩﺤﻤ ﻩﺎﺠﺘﺍ ﻥﻭﺩ ﻥﻜﻟ ﻲﺌﺍﻭﺸﻋ ﻩﺎﺠﺘﺍ ﺕﺍﺫ drift

.

ﺭﺎﺒﺘﺨﺍ ﻥﺃ ﻰﻟﺇ ﺔﻅﺤﻼﻤﻟﺍ ﺭﺩﺠﺘﻭ ﻥﻭﻜﺘﺴﻭ ﺭﺎﺴﻴﻠﻟ ﹰﺎﻴﻭﺘﻠﻤ ﻥﻭﻜﻴﺴ ﺙﻴﺤ ،ﻲﻌﻴﺒﻁﻟﺍ ﻊﻴﺯﻭﺘﻟﺍ ﻊﺒﺘﻴﻻ t

ﻡﻴﻗ ﻥﺈﻓ ﺍﺫﻟ ،ﺭﻔﺼﻟﺍ ﻥﻤ لﻗﺃ ﻪﺘﻠﺘﻜ ﻡﻅﻌﻤ ﻡﻴﻘﻟﺍ ﻡﺍﺩﺨﺘﺴﺍ ﻡﺘﻴ لﺒ ،ﺔﺒﺴﺎﻨﻤ ﺭﻴﻏ ﺓﺩﺎﺘﻌﻤﻟﺍ ﺔﺠﺭﺤﻟﺍ t

ﺔـﺠﺭﺤﻟﺍ

ﺭﻟﻭﻓﻭ ﻲﻜﻴﺩ ﻥﻤ لﻜ ﺎﻬﻗﺎﻘﺘﺸﺎﺒ ﻡﺎﻗ ﻲﺘﻟﺍ .

ﺔﺌﻁﺎﺒﺘﻤﻟﺍ ﺕﺍﻭﺠﻔﻟﺍ ﺩﺩﻋ ﺭﺎﻴﺘﺨﺍ ﻡﺘﻴﻭ ﺔﻠﻜـﺸﻤ ﺔـﺠﻟﺎﻌﻤﻭ ﺔـﻴﺭﺤﻟﺍ ﺕﺎﺠﺭﺩ ﻥﻴﺒ ﻥﺯﺍﻭﻴ لﻜﺸﺒ k

ﻲﺘﺍﺫﻟﺍ ﻁﺎﺒﺘﺭﻻﺍ .

ﻲﻜﻴﺎﻜﺃ ﺭﺎﻴﻌﻤ لﺎﺠﻤﻟﺍ ﺍﺫﻫ ﻲﻓ ﺔﻤﺩﺨﺘﺴﻤﻟﺍ ﻕﺭﻁﻟﺍ ﻡﻫﺃ ﻥﻤﻭ Akaike

،ﺓﻭﺠﻔﻟﺍ ﺩﻌﺘ ﺙﻴﺤ

ﺎﻫﺭﺎﺒﺘﺨﺍ ﻡﺘﻴ ﻲﺘﻟﺍ ﺕﺍﻭﺠﻔﻟﺍ ﻥﻤ ﺔﻋﻭﻤﺠﻤ ﻥﻴﺒ ﻥﻤ ﻰﻨﺩﻷﺍ ﺩﺤﻟﺍ ﻲﻫ ﺭﺎﻴﻌﻤﻟﺍ ﺍﺫﻫ لﻠﻘﺘ ﻲﺘﻟﺍ ،

. ﻥـﻜﻤﻴ ﺎـﻤﻜ

ﺕﺎﻤﻭﻠﻌﻤ ﺭﺎﻴﻌﻤ ﻡﺍﺩﺨﺘﺴﺍ Hannan-Quinn

ﺕﺎﻤﻭﻠﻌﻤ ﺭﺎﻴﻌﻤﻭ Schwarz

) Herman: 2003

4( . iv

ﻩﺭﻭﻁ ﻱﺫﻟﺍ ﺭﺎﺒﺘﺨﻻﺍ ﻕﺒﺎﺴﻟﺍ ﺭﺎﺒﺘﺨﻻﺍ ﻰﻟﺇ ﻑﺎﻀﻴﻭ Phillips and Perron (PP)

ﻑﻠﺘﺨﻴ ﻱﺫﻟﺍ

ﻲﻜﻴﺩ ﺭﺎﺒﺘﺨﺍ ﻥﻋ -

ﺤﻴ ﻻ ﻪﻨﺃ ﻲﻓ ﻁﻴﺴﺒﻟﺍﻭ ﺏﻜﺭﻤﻟﺍ ﺭﻟﻭﻓ ﻕﻭﺭﻔﻠﻟ ﺔﺌﻁﺎﺒﺘﻤ ﻡﻴﻗ ﻰﻠﻋ ﻱﻭﺘ

، ﻭ ﻥﺎﺒﺴﺤﻟﺍ ﻲﻓ ﺫﺨﺄﻴ

ﺩﻭـﺠﻭﺒ ﺢﻤـﺴﻴﻭ ،ﻲـﻤﻠﻌﻤﻟﺍ ﺭﻴﻏ ﺢﻴﺤﺼﺘﻟﺍ ﻡﺍﺩﺨﺘﺴﺎﺒ ﺔﻴﻨﻤﺯﻟﺍ ﺔﻠﺴﻠﺴﻟﺍ ﻲﻓ ﻰﻟﻭﻷﺍ ﻕﻭﺭﻔﻟﺍ ﻲﻓ ﻁﺎﺒﺘﺭﻻﺍ ﻥﻤﺯﻠﻟ ﻲﻁﺨ ﻩﺎﺠﺘﺍﻭ ﺭﻔﺼﻟﺍ ﻱﻭﺎﺴﻴ ﻻ ﻁﺴﻭﺘﻤ .

ﺭﺎﺒﺘﺨﺍ ﺏﻠﻁﺘﻴﻭ ﺔﻴﺩﺎﻌﻟﺍ ﻯﺭﻐﺼﻟﺍ ﺕﺎﻌﺒﺭﻤﻟﺍ ﺔﻘﻴﺭﻁ ﻡﺍﺩﺨﺘﺴﺎﺒ ﺔﻴﺘﻵﺍ ﺔﻟﺩﺎﻌﻤﻟﺍ ﺭﻴﺩﻘﺘ PP

:OLS

(9) Yt 0 1Yt1 t

ﻲﻟﺎـﻤﺘﺤﻻﺍ ﻊـﻴﺯﻭﺘﻟﺍ ﻰـﻠﻋ ﻲﺘﺍﺫﻟﺍ ﻁﺎﺒﺘﺭﻻﺍ ﺭﺜﺃ ﻥﻤ ﺹﻠﺨﺘﻠﻟ ﺔﻴﺌﺎﺼﺤﻹﺍ لﻴﻭﺤﺘ ﻡﺘﻴ ﻙﻟﺫ ﺩﻌﺒﻭ

ﺭﺎﺒﺘﺨﻻﺍ ﺔﻴﺌﺎﺼﺤﻹ .

ﺭﺎﺒﺘﺨﺍ ﻡﺍﺩﺨﺘﺴﺍ ﻡﺘﻴﻭ ﺔﻤﻴﻘﻟ t

1 ﺭﺍﺭﻘﺘـﺴﺍ ﻡﺩـﻌﺒ ﻡﺩـﻌﻟﺍ ﺔﻴﻀﺭﻓ ﺭﺎﺒﺘﺨﺍ ﻡﺘﻴ ﺙﻴﺤ µ

ﺎﻬﺘﺎﻴﻭﺘﺴﻤ ﻲﻓ ﺔﻴﻨﻤﺯﻟﺍ ﺔﺴﻠﺴﻟﺍ )

=0 1 (µ ﺒ ﺔﻠﻴﺩﺒﻟﺍ ﺔﻴﻀﺭﻔﻟﺍ لﺒﺎﻘﻤ ، ﺔـﻴﻨﻤﺯﻟﺍ ﺔﻠـﺴﻠﺴﻟﺍ ﺭﺍﺭﻘﺘﺴﺎ

) 0

<

1 .(µ

-4

ﺮﯿﺸ Herman(2003) نأ ﻰﻟإ

ةرﻮﻛﺬﻤﻟا ﺔﺛﻼﺜﻟا ﺮﯿﯾﺎﻌﻤﻟا ﻦﯿﺑ ﻦﻣ ً ارﺬﺣ ﺮﺜﻛﻷا رﺎﯿﻌﻤﻟا ﻲﻜﯿﻛأ تﺎﻣﻮﻠﻌﻣ رﺎﯿﻌﻣ .

رﺎﯿﻌﻤﻟا اﺬھ ﻲﻄﻌﯾ نأ ﻦﻜﻤﯾ

ـﻟ ةﺮﯿﺒﻛ ﺔﻤﯿﻗ p

. ﺮﯾﺪﻘﺗ نﺈﻓ لﺎﺜﻤﻟا ﻞﯿﺒﺳ ﻰﻠﻋو ،ﻦﯿﺘﺑﺎﺛ ناﺮﺒﺘﻌﯾ ﻦﯾﺮﺧﻵا ﻦﯾرﺎﯿﻌﻤﻟا ﺎﻤﻨﯿﺑ p

ـﻟ ﺔﯿﻘﯿﻘﺤﻟا ﺔﻤﯿﻘﻟا ﻰﻟإ يوﺎﺴﯾ p

ﺎﻤﮭﺑاﺮﺘﻗا لﺎﻤﺘﺣا ﻊﻣ

ﺔﻤﯿﻗ بﺮﺘﻘﺗ ﺎﻣﺪﻨﻋ ﺪﺣاﻮﻟا ﻦﻣ n

ﺔﯾﺎﮭﻧﻼﻟا ﻰﻟإ ،جذﻮﻤﻨﻟا ﻲﻓ ﺔﻣﺪﺨﺘﺴﻤﻟا تاﺪھﺎﺸﻤﻟا دﺪﻋ ، .

(15)

ﺔﻤﻴﻗ ﻥﻭﻜﺘ ﺎﻤﺩﻨﻋﻭ 1

ﺭﺍﺭﻘﺘـﺴﺎﺒ ﺔﻠﻴﺩﺒﻟﺍ ﺔﻴﻀﺭﻔﻟﺍ لﻭﺒﻗﻭ ﻡﺩﻌﻟﺍ ﺔﻴﻀﺭﻓ ﺽﻓﺭ ﻲﻨﻌﻴ ﺍﺫﻬﻓ ﺔﺒﻟﺎﺴﻭ ﺔﻴﻭﻨﻌﻤ µ

ﺔﻴﻨﻤﺯﻟﺍ ﺔﻠﺴﻠﺴﻟﺍ .

ﺭﺎﺒﺘﺨﺍ ﻡﺩﺨﺘﺴﻴﻭ ﺭﺎﺒﺘﺨﺍ ﺎﻬﻤﺩﺨﺘﺴﻴ ﻲﺘﻟﺍ ﺎﻬﺴﻔﻨ ﺔﺠﺭﺤﻟﺍ ﻡﻴﻘﻟﺍ PP

.ADF

ﻡﻗﺭ لﻭﺩﺠﻟﺍ ﻥﻴﺒﻴﻭ )

( 2 ﻴﻐﺘﻤﻟ ﺓﺩﺤﻭﻟﺍ ﺭﺫﺠ ﺭﺎﺒﺘﺨﺍ ﺞﺌﺎﺘﻨ ﺕﻻﺩﺎﻌﻤ ﻡﺍﺩﺨﺘﺴﺎﺒ ﻙﻟﺫﻭ ،ﺝﺫﻭﻤﻨﻟﺍ ﺕﺍﺭ

ﻲﻨﻤﺯ ﻩﺎﺠﺘﺍﻭ ﺕﺒﺎﺜ ﺩﺤﺒﻭ ﻁﻘﻓ ﺕﺒﺎﺜ ﺩﺤﺒﻭ ﻲﻨﻤﺯ ﻩﺎﺠﺘﺍﻭ ﺕﺒﺎﺜ ﺩﺤ ﻥﻭﺩﺒ ﺭﺍﺩﺤﻨﺍ .

ﻥﺄﺒ ﺩﺠﻨ لﻭﺩﺠﻟﺍ ﺍﺫﻫ ﻥﻤﻭ

ﺔـﻴﻨﻤﺯ لـﺴﻼﺴﻜ ﺓﺭﻘﺘﺴﻤ ﺭﻴﻏ ﺎﻬﻨﺃ ﻱﺃ ،ﻯﻭﺘﺴﻤﻟﺍ ﻲﻓ ﺓﺩﺤﻭ ﺭﺫﺠ ﺎﻬﻟ ﻥﺄﺒ ﻑﺼﺘﺘ ﺝﺫﻭﻤﻨﻟﺍ ﺕﺍﺭﻴﻐﺘﻤ لﻜ ﺭﺎﺒﺘﺨﺍ ﻡﺍﺩﺨﺘﺴﺎﺒ ﺀﺍﻭﺴ ،ﻕﻭﺭﻓ ﻥﻭﺩﺒ ﺎﺒﺘﺨﺍ ﻭﺃ ADF

ﺭ .PP ﺞﺘﺎـﻨﻟﺍ ﺭـﻴﻐﺘﻤ ﻥﺃ ﻰـﻟﺇ ﺞﺌﺎﺘﻨﻟﺍ ﺭﻴﺸﺘ ﺎﻤﻴﻓ

ﻲﻟﺎﻤﺠﻹﺍ ﻲﻠﺤﻤﻟﺍ LnGDP

ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﻲﻗﺎﺒ ﻑﻼﺨﺒ لﻭﻷﺍ ﻕﺭﻔﻟﺍ ﻲﻓ ﺓﺩﺤﻭ ﺭﺫﺠ ﻪﻟ ﺱﻴﻟ ﻥﺃ ﻥﻴـﺒﺘ ﻲﺘﻟﺍ

ﺭﺎﺒﺘﺨﺍ ﻡﺍﺩﺨﺘﺴﺎﺒ ،ﺔﻔﻠﺘﺨﻤ ﺔﻟﻻﺩ ﺕﺎﻴﻭﺘﺴﻤ ﺩﻨﻋ لﻭﻷﺍ ﻕﺭﻔﻟﺍ ﻲﻓ ﺓﺩﺤﻭ ﺭﺫﺠ ﺎﻬﻟ ﻭ ADF

.PP ،ﺔﺠﻴﺘﻨﻟﺎﺒﻭ

لﻭﻘﻟﺍ ﻥﻜﻤﻴ :

ﺇ ﺎﻬﻟ ﺝﺫﻭﻤﻨﻟﺍ ﺕﺍﺭﻴﻐﺘﻤ ﻥ ﺄﻜﺭﺘﺸﻤ ﹰﻼﻤﺎﻜﺘ ﺔﻠﻤﺎﻜﺘﻤ ﻙﻟﺫﺒ ﻲﻫﻭ ﺓﺩﺤﻭ ﺭﺫﺠ

.

مﻗر لودﺟ )

3 :(

يرﺎﺑﺗﺧا نﻣ لﻛﻟ ﺔﺟرﺣﻟا مﯾﻘﻟا ADF

و PP

ىوﺗﺳﻣ ﺔﻟﻻدﻟا ﻲﻛﯾد رﺎﺑﺗﺧا

- ﻊﺳوﻣﻟا رﻟوﻓ ADF

تﺑﺎﺛ نودﺑ تﺑﺎﺛﺑ

ﻲﻧﻣز هﺎﺟﺗاو تﺑﺎﺛﺑ

0.01 -2.66

-4.32 -3.68

0.05 -1.93

-2.89 -3.4

0.1 -1.6

-2.58 -3.13

Sources:

Fuller, W.A. (1996): Introduction to Statistical Time Series (2nd Ed.). New York:

John Wiley

Said, S.E. and D.A.Dickey (1984): Testing for Unit Roots in Autoregresive Moving Average of Unknown Order. Biometrika 71, 599-607

Said, S.E. (1991): Unit Root Test for Time Series Data with a Linear Time Trend. Journal of Econometrics 47, 285-303

2 . كرﺗﺷﻣﻟا لﻣﺎﻛﺗﻟا رﺎﺑﺗﺧا :

ﺎﻨﻨﺈﻓ ،ﺓﺩﺤﻭﻟﺍ ﺭﺫﺠ ﺕﺍﺭﺎﺒﺘﺨﺍ ﺞﺌﺎﺘﻨ ﻰﻟﺇ ﺭﻅﻨﻟﺎﺒ ﺴ

ﻡﺍﺩﺨﺘـﺴﺎﺒ ﻙﺭﺘﺸﻤﻟﺍ لﻤﺎﻜﺘﻠﻟ ﺝﺫﻭﻤﻨ ﺭﻴﺩﻘﺘﺒ ﻡﻭﻘﻨ

ﺍ ﻕﻓﻭ ﺔﺤﺭﺘﻘﻤﻟﺍ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﻥﻤﻀﺘﻴ ﻥﺴﻨﺎﻫﻭﺠ ﺏﻭﻠﺴﺃ ﺔﻟﺩﺎﻌﻤﻟ

ﺭﺎﻌـﺴﻷ ﻲـﺴﺎﻴﻘﻟﺍ ﻡﻗﺭﻟﺍ ﺭﺸﺅﻤ ﺀﺎﻨﺜﺘﺴﺎﺒ 7

ﺭﻴﻐﺘﻤﻟﺍ ﺍﺫﻬﻟ ﺓﺩﺤﻭ ﺭﺫﺠ ﺩﻭﺠﻭ ﻡﺩﻋ ﺓﺩﺤﻭﻟﺍ ﺭﺫﺠ ﺕﺍﺭﺎﺒﺘﺨﺍ ﺞﺌﺎﺘﻨ ﺕﻨﻴﺒ ﺙﻴﺤ ،ﺕﺍﺩﺭﻭﺘﺴﻤﻟﺍ .

أ - ﺪﯾﺪﺤﺗ دﺪﻋ تﺎﮭﺠﺘﻣ ﻞﻣﺎﻜﺘﻟا

:

ﻥﺴﻨﺎﻫﻭﺠ ﺏﻭﻠﺴﺃ ﻥﻤﻀﺘﻴ )

ﻰﻤﻅﻌﻟﺍ ﺔﻴﻨﺎﻜﻤﻹﺍ ﺏﻭﻠﺴﺃ (

ﻲـﺘﺍﺫ ﺭﺍﺩﺤﻨﺍ ﻪﺠﺘﻤ ﺝﺫﻭﻤﻨ ﺩﻴﺩﺤﺘ VAR

ـﻟ ﺕﺍﺫ ﺕﺍﺭﻴﻐﺘﻤﻟﺍ ﻥﻤ ﻪﺠﺘﻤ n*1

ﺓﺩﺤﻭﻟﺍ ﺭﺫﺠ ،I(1)

Xt ﻲﻟﺎﺘﻟﺍ ﻭﺤﻨﻟﺍ ﻰﻠﻋ :

(10)

k

i i t t

t X e

X

1 1 ؛ (T=1,….,T)

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