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|a eng
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|b السعودية
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|9 652373
|a Alhassoon, Ibrahim Mohammed
|e Author
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245 |
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|a Relative Effectiveness of Fiscal and Monetary:
|b Policies on Economic Growth in Saudi Arabia
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260 |
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|b المركز العربي للدراسات والبحوث
|c 2021
|g يوليو
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300 |
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|a 5 - 21
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336 |
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|a بحوث ومقالات
|b Article
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520 |
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|b This study investigates both short run and long run relationships among fiscal policy represented by government expenditure, monetary policy represented by money supply and economic growth represented by non-oil GDP in Saudi Arabia. This study uses annual time-series data over a study period from 1980 to 2018 by employing the autoregressive distributed lag (ARDL) Bounds method and Error Correction Model (ECM). Findings show a positive relationship between both policies and economic growth in the long-run, while the monetary policy is more effective. In the short-run, there is no effect of fiscal policy while the monetary policy has a positive effect and once has negative effect with economic growth lagged for one period has a positive effect on its current value. The error correction coefficient about 40 percent of the disequilibrium will be corrected immediately and the speed of adjustment takes about 2.5 years for equilibrium to be restored. Accordingly, the results of the study are consistent with the economic theory. Consequently, the study implications is that the Kingdom's pursuit of its objectives depends more on monetary policy in order to enhance its efficiency, especially with developments in world oil prices.
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|a الاقتصاد السعودي
|a التنمية الاقتصادية
|a الإنفاق الحكومي
|a النفط السعودي
|a أسعار النفط العالمية
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692 |
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|b Fiscal Policy
|b Monetary Policy
|b KSA
|b ARDL
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700 |
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|9 652374
|a AL-Dakhil, Munira Ali
|e Co-Author
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773 |
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|4 الاقتصاد
|6 Economics
|c 001
|e Arab Journal for Administrative and Economic Studies
|l 007
|m ع7
|o 1063
|s المجلة العربية للدراسات الإدارية والاقتصادية
|v 000
|x 1658-6123
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856 |
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|u 1063-000-007-001.pdf
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930 |
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|d y
|p y
|q n
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995 |
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|a EcoLink
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|c 1220731
|d 1220731
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