ما هي طبيعة العلاقة بين الإنفاق الحكومي والإستثمار الخاص في الإقتصاد السعودي؟

Ghassan, Hassan B. and Alhajhoj, Hassan R. (2008): ما هي طبيعة العلاقة بين الإنفاق الحكومي والإستثمار الخاص في الإقتصاد السعودي؟. Published in: Attaawun Quarterly Journal , Vol. 68, (10 June 2009): pp. 15-38.

Abstract

This paper aims to study the relationship between the Government Spending and the private investment in non-oil sectors of Saudi economy through the crowding-out effect during the last four decades. We use the Box-Cox transformation as a specification and the tests of cointegration and causality and the recursive maximum likelihood test. The findings exhibit that the crowding-out effect is verified in Saudi Arabia economy through the investment spending of the government institutions vis-à-vis the institutions of the private sector, meanwhile the results show that the government infrastructure spending supports the increase of the private investments.

• Item Type: MPRA Paper
• English Title: What is the Nature of the Relationship between Government Spending and Private Investment in Saudi Arabia?
• Language: Arabic
• Keywords: Crowding-out, Private Investment, Government Investment, Box-Cox Transformation, Saudi Arabia.
• Subjects: C - Mathematical and Quantitative Methods > C5 - Econometric Modeling; E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy; H - Public Economics > H5 - National Government Expenditures and Related Policies

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