IDEAS home Printed from https://ideas.repec.org/a/aoj/ajeaer/v5y2018i1p29-35id243.html
   My bibliography  Save this article

Export and Economic Growth in Saudi Arabia: The Granger Causality Test

Author

Listed:
  • Saif Sallam Alhakimi

Abstract

An export-led growth strategy aims to encourage producers to export their goods through various economic and governmental policies. This study was carried out with the primary objective of investigating the relationship between exports and economic growth in the Kingdom of Saudi Arabia (hereafter referred to as the KSA), specifically by examining the causality between exports and KSA’s economic growth. There are four main propositions for the relationship between exports and economic growth: export-led growth (ELG), growth-driven exports (GDE), and feedback relationships between exports and economic growth. To complete this study, samples were used based on 37 years of annual data. The study also employed a unit root test, a co-integration test, and the Granger causality test to observe the causal relationship between exports and economic growth. Data were collected for exports, which were expressed according to export growth. Economic growth, meanwhile, was measured according to gross domestic product (GDP) per capita and expressed in terms of US dollars. The result of this study found that GDP per capita significantly influenced exports, while exports did not affect GDP.

Suggested Citation

  • Saif Sallam Alhakimi, 2018. "Export and Economic Growth in Saudi Arabia: The Granger Causality Test," Asian Journal of Economics and Empirical Research, Asian Online Journal Publishing Group, vol. 5(1), pages 29-35.
    • Handle: RePEc:aoj:ajeaer:v:5:y:2018:i:1:p:29-35:id:243
    as

    Download full text from publisher

    File URL: http://asianonlinejournals.com/index.php/AJEER/article/view/243/218
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aoj:ajeaer:v:5:y:2018:i:1:p:29-35:id:243. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sara Lim (email available below). General contact details of provider: http://asianonlinejournals.com/index.php/AJEER/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.