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Revisiting the Impact of Oil Price Fluctuations on Government Spending: The Case of Saudi Arabia

المصدر: المجلة العلمية لقطاع كليات التجارة
الناشر: جامعة الأزهر - كلية التجارة
المؤلف الرئيسي: Al Obaid, Hussain M. A. (Author)
المجلد/العدد: ع23
محكمة: نعم
الدولة: مصر
التاريخ الميلادي: 2020
الشهر: يناير
الصفحات: 1 - 34
DOI: 10.21608/jsfc.2020.247934
ISSN: 2636-3674
رقم MD: 1301517
نوع المحتوى: بحوث ومقالات
اللغة: الإنجليزية
قواعد المعلومات: EcoLink
مواضيع:
كلمات المؤلف المفتاحية:
Saudi Arabia Economy | Oil Price Fluctuations | Government Spending and VAR Model
رابط المحتوى:
صورة الغلاف QR قانون
حفظ في:
المستخلص: The issue of oil price fluctuations have attracted the attention of many economists who attempted to explain the nature of the relationship between oil price fluctuations and government spending behavior. In this paper, we examined the impact of oil price fluctuations on Saudi government Spending in some major sectors using annual data (1981- 2016) to cover the main fluctuations’ periods. The VAR (vector autoregressive) model was applied to investigate the long-run relationships between variables. The results suggest that, there is a significant and positively strong relationship between oil prices fluctuations and the government spending in the selected sectors in the long run.

ISSN: 2636-3674