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Causality Between Exports, Imports, and Economic Growth Evidence from Saudi Arabia

المصدر: مجلة العلوم الإدارية والاقتصادية
الناشر: جامعة عدن - كلية الاقتصاد والعلوم الإدارية
المؤلف الرئيسي: Alodadi, Ahmed (Author)
المجلد/العدد: ع23
محكمة: نعم
الدولة: اليمن
التاريخ الميلادي: 2019
الشهر: يونيو
الصفحات: 11 - 20
DOI: 10.36056/0442-000-023-005
ISSN: 2222-6702
رقم MD: 1007773
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Granger Causality | Exports | Imports | Saudi Arabia
رابط المحتوى:
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المستخلص: The economic growth impact of the GCC market liberalization and increasing access to trade to the free market is an important empirical issue worthy of investigation. Key studies have identified the need to diversify the GCC economies beyond their heavily oil-based status, particularly since this cannot be relied upon to reach long-term sustainable development. Therefore, oil-rich nations like those with GCC economies, particularly Saudi Arabia, need to diversify from oil to achieve this. Trade liberalization plays a prominent and reliable role in the process of promoting this growth, according to several empirical studies as well as Saudi Arabia possessed the largest economy in the GCC. This paper applies a time series approach to examine the impact of exports and imports on its economic prosperity between 1970 and 2015. The empirical results suggest that economic growth stimulates exports, whereas imports only play a minor role in improving economic growth. A free market is therefore potentially important to any future diversification of the economy as part of stimulating growth in these economies.

ISSN: 2222-6702

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