ارسل ملاحظاتك

ارسل ملاحظاتك لنا







يجب تسجيل الدخول أولا

Relative Effectiveness of Fiscal and Monetary: Policies on Economic Growth in Saudi Arabia

المصدر: المجلة العربية للدراسات الإدارية والاقتصادية
الناشر: المركز العربي للدراسات والبحوث
المؤلف الرئيسي: Alhassoon, Ibrahim Mohammed (Author)
مؤلفين آخرين: AL-Dakhil, Munira Ali (Co-Author)
المجلد/العدد: ع7
محكمة: نعم
الدولة: السعودية
التاريخ الميلادي: 2021
الشهر: يوليو
الصفحات: 5 - 21
ISSN: 1658-6123
رقم MD: 1220731
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Fiscal Policy | Monetary Policy | KSA | ARDL
رابط المحتوى:
صورة الغلاف QR قانون

عدد مرات التحميل

11

حفظ في:
المستخلص: 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.

ISSN: 1658-6123