Asymmetric impacts of oil price shocks on government expenditures: Evidence from Saudi Arabia

Artikel

This paper investigates the effect of oil price shocks on government expenditures on the health and education sectors in Saudi Arabia. Using a quarterly dataset 1990Q1-2017Q2 and employing a non-linear autoregressive distributed lag (NARDL) model, our research shows evidence of a non-linear relationship between oil prices and government expenditures in Saudi Arabia, where a negative oil price shock would have a statistically significant different impact in the long run compared to a positive shock. We build upon our empirical findings and draw some policy recommendations for Vision 2030 of Saudi Arabia

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 6 ; Year: 2018 ; Issue: 1 ; Pages: 1-14 ; Abingdon: Taylor & Francis

Classification and Topics

• Classification: Wirtschaft ; Fiscal Policy ; Health: Government Policy; Regulation; Public Health ; Education: Government Policy ; Nonrenewable Resources and Conservation: Demand and Supply; Prices ; Energy: Government Policy
• Subject: oil shocks ; government expenditures ; health sector ; education sector ; NARDL model ; Saudi Arabia

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Abdel-Latif, Hany ; Osman, Rehab A. ; Ahmed, Heba
• Event: Veröffentlichung
• (who): Taylor & Francis
• (where): Abingdon
• (when): 2018

Further information

• DOI: doi:10.1080/23322039.2018.1512835
• Handle: http://hdl.handle.net/10419/245158
• Last update: 10.03.2025, 11:41 AM CET