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236763

The Impact of Expatriate Remittances on Economic Growth in the Kingdom of Saudi Arabia

Article

Last updated: 03 Jan 2025

Subjects

-

Tags

الاقتصاد

Abstract

This study seeks to uncover the nature of the relationship that expatriate labor remittances have in the economic growth of Saudi Arabia. Autoregressive Distributed Lags (ARDL) and Non-Linear ARDL (NARDL) are used as a method to discover the influence and nature of the remittances on Saudi GDP growth. This method, NARDL, enables us to detect whether the relationship between the expatriate labor remittances and Economic growth is symmetric or asymmetric. This Study depending on data collected from the World Bank, Saudi Central Bank (SAMA), and the Saudi General Authority of Statistics to cover the period 1970-2016. The study concludes that the relationship between labor remittances and Saudi Arabian economic growth is asymmetrical; a one percent decrease in remittances increases GDP by 0.837 percent, while a one percent increase in remittances increases GDP by 0.291 percent. This study recommends that the Kingdom of Saudi Arabia continue to maintain remittances at least their current level

DOI

10.21608/aja.2022.121321.1205

Keywords

Expatriate Remittances, Economic growth, Saudi Arabia, NARDL method, Labor-exporting Countries

Authors

First Name

عمادالدين

Last Name

المصبح

MiddleName

-

Affiliation

کليات الشرق العربي -الرياض

Email

msbbh68@gmail.com

City

الرياض

Orcid

-

Volume

42

Article Issue

3

Related Issue

36439

Issue Date

2022-09-01

Receive Date

2022-02-11

Publish Date

2022-09-01

Page Start

355

Page End

366

Print ISSN

1110-5453

Online ISSN

2663-4473

Link

https://aja.journals.ekb.eg/article_236763.html

Detail API

https://aja.journals.ekb.eg/service?article_code=236763

Order

18

Type

بحوث باللغة الإنجلیزیة

Type Code

707

Publication Type

Journal

Publication Title

المجلة العربية للإدارة

Publication Link

https://aja.journals.ekb.eg/

MainTitle

The Impact of Expatriate Remittances on Economic Growth in the Kingdom of Saudi Arabia

Details

Type

Article

Created At

22 Jan 2023