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 TypeDr GradeEmail
زين-العابدين بري ZAINAL-ABDEEN BARRIResearcher  

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