Munich Personal RePEc Archive

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.

This is the latest version of this item.

[thumbnail of MPRA_paper_56377.pdf]

Download (1MB) | Preview
[thumbnail of MPRA_paper_80675.pdf]

Download (1MB) | Preview


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.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.