European Parliament Library

Economic Growth and Government Spending in Saudi Arabia :, an Empirical Investigation, Saad Alshahrani, Ali Al-Sadiq

This paper empirically examines the effects of different types of government expenditures, on economic growth in Saudi Arabia. We use different econometric techniques to estimate the short- and long-run effects of these expenditures on growth and employ annual data over the period 1969-2010. Our findings indicate that while private domestic and public investments, as well as healthcare expenditure, stimulate growth in the long-run, openness to trade and spending in the housing sector can also boost short-run production. These findings draw some policy implications for Saudi policymakers on maximizing the returns of the government spending on economic growth
Table Of Contents
Cover; Abstract; Contents; I. Introduction; II. Background; Figures; 1: Annual Government Expenditures (Current prices): 1969-2010; 2: Government Expenditures (Actual); III. Literature Review; IV. Methodology; A. Theoretical Model; B. Empirical Methodology; C. Data; V. Empirical Results; A. Stationarity and Cointegration; Tables; 1: Unit Roots Tests; B. Benchmark Analysis; 2: Cointegration Tests; C. Short-term Stability; 3: Short-run Effects of Government Expenditures; 3: Impulse-Responses for Models 1-4; 4: Cumulative Impulse-Responses for Models 1-4; 5: Impulse-Responses for Models 6-9
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (27 p.)
Specific Material Designation
Form Of Item

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