Showing 1 - 7 of 7
In This paper investigates the nexus relationship between tourism expenditure and Non Oil economic growth in Saudi Arabia over the period 1970-2012. Using Phillips and Perron (PP) unit root test-VAR approach with several techniques including Unit root tests, Johansen’s co-integration test,...
Persistent link: https://www.econbiz.de/10011258211
Our goal in this paper is to explore the validity of Wagner’s Law in Saudi Arabia during the period (1970-2012) for real oil GDP and Non-oil GDP. Wagner’s Law investigated that fundamental economic growth is validity to the public sector growth. In the previous studies have been tested the...
Persistent link: https://www.econbiz.de/10011258626
This study investigates the causality relationship between defence expenditures and Non Oil economic growth in Saudi Arabia over the period 1970-2012. Using Unit root tests, Johansen’s co-integration test and Granger Causality test. In this paper we found the existence of bi-directional...
Persistent link: https://www.econbiz.de/10011259131
This analysis clarifies the ambiguous results from military spending and economic growth literature where the impact of military expenditure is frequently found to be non-significant or negative. Investigation re-examines effects of military spending on growth by analysing this relationship...
Persistent link: https://www.econbiz.de/10011107746
This paper investigates the nexus between financial sector development and economic growth in the Saudi economy over the period 1970-2012 by using four alternative proxies for financial development and several techniques including unit root tests, the co-integration test, the Granger Causality...
Persistent link: https://www.econbiz.de/10011110929
This analysis re-examines the relationship between military spending and economic growth using recent advances in panel estimation methods and a large panel dataset. The investigation is able to reproduce many of results of the existing literature and to provide a new analysis on the...
Persistent link: https://www.econbiz.de/10011113189
This analysis empirically investigates the relationships between resource windfalls, political regimes, conflict and economic growth using recent advances in panel estimation methods and a distinctive commodity price shock measurement. The paper clarifies many of the ambiguous outcomes of the...
Persistent link: https://www.econbiz.de/10011113511