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
Stock Status: On back-order

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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