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Document Details
Document Type
:
Article In Journal
Document Title
:
The Relationship between Government Expenditure and Economic Growth in Saudi Arabia (1970-1998)
العلاقة بين الإنفاق الحكومي والنمو الاقتصادي في المملكة العربية السعودية للفترة (1970-1998)
Subject
:
Economics
Document Language
:
Arabic
Abstract
:
This study aims at defining the relationship between the government expenditure and the gross domestic product (GDP) for the Kingdom of Saudi Arabia. Specifically, we will decide the appropriate size of government expenditure as a percentage of the GDP, and we will measure the productivity of those expenditures. In this regard we have used a model which permits us to test “Barro’s” rule. This rule indicates that the right size of government expenditure is where the value of the productivity of that expenditure is equal to unit. Results obtained from our study are: (1) The value of the productivity of the government expenditure in Saudi Arabia is positive and equals 0,387 which indicates that expenditure is productive. (2) The government expenditure is greater than it should be because the value of the productivity is smaller than one. (3) The right size of government expenditure in Saudi Arabia as a percentage of GDP is 29%. This is close to the world average percentage which is equal to 23% according to the estimation of some of the studies mentioned in this research.
ISSN
:
1319-0997
Journal Name
:
Economics and Administration Journal
Volume
:
15
Issue Number
:
2
Publishing Year
:
1422 AH
2001 AD
Article Type
:
Article
Added Date
:
Sunday, October 11, 2009
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
زين-العابدين بري
ZAINAL-ABDEEN BARRI
Researcher
Files
File Name
Type
Description
21794.pdf
pdf
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