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KGEMM Behavioral Equations and Identities

In: A Macroeconometric Model for Saudi Arabia

Author

Listed:
  • Fakhri J. Hasanov

    (King Abdullah Petroleum Studies and Research Center)

  • Frederick L. Joutz

    (King Abdullah Petroleum Studies and Research Center)

  • Jeyhun I. Mikayilov

    (King Abdullah Petroleum Studies and Research Center)

  • Muhammad Javid

    (King Abdullah Petroleum Studies and Research Center)

Abstract

This chapter reports the estimated long-run equations and identities in Sects. 7.1, 7.2, 7.3, 7.4, 7.5, 7.6, 7.7, 7.8, and 7.9 while the estimated short-run equations, i.e., final ECM specifications associated with the long-run equations are reported in Appendix B to save space in the main text. Note that the long-run and ECM equations are estimated till 2019 in the fifth version of KGEMM. Starting years of the estimations range from the 1970s to the 1990s dictated by the data availability. For the readers ease, we describe one of the long-run equations below and the rest equations here follow the same context. As an example, we select the first appeared long-run equation, i.e., Eq. (7.43).

Suggested Citation

  • Fakhri J. Hasanov & Frederick L. Joutz & Jeyhun I. Mikayilov & Muhammad Javid, 2023. "KGEMM Behavioral Equations and Identities," SpringerBriefs in Economics, in: A Macroeconometric Model for Saudi Arabia, chapter 0, pages 41-83, Springer.
    • Handle: RePEc:spr:spbchp:978-3-031-12275-0_7
    DOI: 10.1007/978-3-031-12275-0_7
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