Description |
1 online resource (26 pages) : illustrations (some color) |
Series |
IMF working paper, 2227-8885 ; WP/14/3 |
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IMF working paper ; WP/14/3.
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Contents |
Cover; Abstract; Contents; I. Introduction; II. Background; Figures; 1: Annual Government Expenditures (Current prices): 1969-2010; 2: Government Expenditures (Actual); III. Literature Review; IV. Methodology; A. Theoretical Model; B. Empirical Methodology; C. Data; V. Empirical Results; A. Stationarity and Cointegration; Tables; 1: Unit Roots Tests; B. Benchmark Analysis; 2: Cointegration Tests; C. Short-term Stability; 3: Short-run Effects of Government Expenditures; 3: Impulse-Responses for Models 1-4; 4: Cumulative Impulse-Responses for Models 1-4; 5: Impulse-Responses for Models 6-9 |
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6: Cumulative Impulse-Responses for Models 7-97: Conditional Cumulative Impulse-Responses for Models 7-9; D. Long-term growth: VECM Results; 4: Vector Error Correction Results; 5: Maximum Likelihood Estimates of Cointegrating Vectors with Non-Oil GDP; 6: Post Estimation Tests:; E. Expenditures and Oil Revenues; VI. Conclusion and Policy Priorities; 8: Response of Expenditures to Oil Revenue Shock; References |
Summary |
"This paper empirically examines the effects of different types of government expenditures, on economic growth in Saudi Arabia. We use different econometric techniques to estimate the short- and long-run effects of these expenditures on growth and employ annual data over the period 1969-2010. Our findings indicate that while private domestic and public investments, as well as health care expenditure, stimulate growth in the long-run, openness to trade and spending in the housing sector can also boost short-run production. These findings draw some policy implications for Saudi policymakers on maximizing the returns of the government spending on economic growth"--Abstract |
Notes |
At head of title: Fiscal Affairs Department |
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"January 2014." |
Bibliography |
Includes bibliographical references |
Notes |
Online resource; title from pdf title page (IMF.org Web site, viewed January 29, 2014) |
Subject |
Economic development -- Saudi Arabia -- Econometric models
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Government spending policy -- Saudi Arabia -- Econometric models
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Economic development -- Econometric models
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Government spending policy -- Econometric models
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Saudi Arabia
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Form |
Electronic book
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Author |
Alsadiq, Ali, author.
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International Monetary Fund. Fiscal Affairs Department, issuing body.
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ISBN |
1484349784 |
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9781484349786 |
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