Economics, Econometrics and Finance
8 years ago

Saudi Arabia's Economic Growth Driven by Exports, Imports Play Supporting Role.

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Journal of Emerging Trends in Economics and Management Science
Relationship between Exports, Imports, and Economic Growth in Saudi Arabia: 1990-2011. Evidence from Co-Integration and Granger Causality Analysis
Majeed Ali Hussain, Afaf Abdull J. Saaed

Paper Summary

The article explores the connection between exports, imports, and economic growth in Saudi Arabia from 1990 to 2011. The researchers used statistical tests to analyze the data and found that economic growth causes an increase in imports. There is a one-way relationship between exports and imports, but the relationship between exports and economic growth, as well as imports and economic growth, was not significant. This suggests that economic growth drives imports in Saudi Arabia.

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