The relationship between government expenditure and revenues in the Kingdom of Saudi Arabia : testing for cointegration and causality
Other Title(s)
العلاقة بين الإنفاق و الإيرادات الحكومية في المملكلة العربية السعودية : دراسة تطبيقية باستخدام التكامل المشترك و العلاقة السببية
Author
Source
Journal of King Abdul Aziz University : Economics and Administration
Issue
Vol. 19, Issue 1 (30 Jun. 2005), pp.31-43, 13 p.
Publisher
King Abdulaziz University Scientific Publishing Center
Publication Date
2005-06-30
Country of Publication
Saudi Arabia
No. of Pages
13
Main Subjects
Economy and Commerce
Financial and Accounting Sciences
Topics
Abstract EN
This study examines the long run equilibrium relationship between government expenditure and revenues in the Kingdom of Saudi Arabia using Cointegration technique and the direction of causality relationship in the long and short runs between the variables through integrating the Error Correction Model (ECM) into the traditional Granger causality test.
The unit root test shows that the series under investigation are non stationary at their levels, where they are stationary at their first differences.
The Cointegration test indicates the existence of long run equilibrium between government expenditure and revenues.
The causality tests indicate that there is a bi-directional causal relationship between government expenditure and revenues in both the long and the short run.
American Psychological Association (APA)
al-Qadir, Khalid Hamad A.. 2005. The relationship between government expenditure and revenues in the Kingdom of Saudi Arabia : testing for cointegration and causality. Journal of King Abdul Aziz University : Economics and Administration،Vol. 19, no. 1, pp.31-43.
https://search.emarefa.net/detail/BIM-365620
Modern Language Association (MLA)
al-Qadir, Khalid Hamad A.. The relationship between government expenditure and revenues in the Kingdom of Saudi Arabia : testing for cointegration and causality. Journal of King Abdul Aziz University : Economics and Administration Vol. 19, no. 1 (2005), pp.31-43.
https://search.emarefa.net/detail/BIM-365620
American Medical Association (AMA)
al-Qadir, Khalid Hamad A.. The relationship between government expenditure and revenues in the Kingdom of Saudi Arabia : testing for cointegration and causality. Journal of King Abdul Aziz University : Economics and Administration. 2005. Vol. 19, no. 1, pp.31-43.
https://search.emarefa.net/detail/BIM-365620
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 40-42
Record ID
BIM-365620