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-Abstract
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.
DOI
10.21608/jsfc.2020.247934
Keywords
Saudi Arabia Economy, Oil Price Fluctuations, Government Spending and VAR Model. JEL Classifications: E32, E37, H50, Q33, Q43
Authors
MiddleName
-Affiliation
, Economic
College of Business
King Khalid University, Abha. Saudi Arabia
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-Link
https://jsfc.journals.ekb.eg/article_247934.html
Detail API
https://jsfc.journals.ekb.eg/service?article_code=247934
Publication Title
المجلة العلمية لقطاع کليات التجارة
Publication Link
https://jsfc.journals.ekb.eg/
MainTitle
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