Revisiting the impact of oil price fluctuations on government spending : the case of Saudi Arabia
Author
Source
al-Azhar Scientific Journal of the Commercial Faculties
Issue
Vol. 2020, Issue 23 (31 Jan. 2020), pp.1-34, 34 p.
Publisher
al-Azhar University Faculty of Commerce-Boys
Publication Date
2020-01-31
Country of Publication
Egypt
No. of Pages
34
Main Subjects
Topics
Abstract EN
The issue of oil price fluctuations have attracted the attention of many economists who attempted to explain the nature of the relationship between oil price fluctuations and government spending behavior.
In this paper, we examined the impact of oil price fluctuations on Saudi government spending in some major sectors using annual data (1981-2016) to cover the main fluctuations' periods.
The VAR (vector autoregressive) model was applied to investigate the long-run relationships between variables.
The results suggest that, there is a significant and positively strong relationship between oil prices fluctuations and the government spending in the selected sectors in the long run.
American Psychological Association (APA)
al-Ubayd, Husayn M. A.. 2020. Revisiting the impact of oil price fluctuations on government spending : the case of Saudi Arabia. al-Azhar Scientific Journal of the Commercial Faculties،Vol. 2020, no. 23, pp.1-34.
https://search.emarefa.net/detail/BIM-1421156
Modern Language Association (MLA)
al-Ubayd, Husayn M. A.. Revisiting the impact of oil price fluctuations on government spending : the case of Saudi Arabia. al-Azhar Scientific Journal of the Commercial Faculties No. 23 (Jan. 2020), pp.1-34.
https://search.emarefa.net/detail/BIM-1421156
American Medical Association (AMA)
al-Ubayd, Husayn M. A.. Revisiting the impact of oil price fluctuations on government spending : the case of Saudi Arabia. al-Azhar Scientific Journal of the Commercial Faculties. 2020. Vol. 2020, no. 23, pp.1-34.
https://search.emarefa.net/detail/BIM-1421156
Data Type
Journal Articles
Language
English
Notes
-
Record ID
BIM-1421156