Economic Growth and Government Spending in Saudi Arabia: an Empirical Investigation

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Price:  $18.00

Author/Editor: Saad A Alshahrani, Ali J Alsadiq
Release Date: © January, 2014
ISBN : 978-1-48434-879-6
Stock #: WPIEA2014003
English
Stock Status: Available

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Description

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.




More publications in this series: Working Papers


More publications by: Saad A Alshahrani ; Ali J Alsadiq