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ممدوح عوض الخطيب

Professor

منسق برنامج الدراسات العليا / عضو هيئة تدريس

كلية إدارة الأعمال
كلية إدارة الأعمال _ قسم الاقتصاد
المنشورات
ورقة مؤتمر
2000

The Twin Deficit Phenomennon in Petroleum Economy: Evidence from Saudi Arabia

Alkswani, Mamdouh Alkhatib . 2000

This paper, unlike all other studies, is based on two principles. First, it investigates the relationship between the two deficits on petroleum economy where exports, government revenue, and income are closely linked with oil revenue. Second, this paper  tries to prove that even in petroleum economy, the Keynesian proposition is still partially valid. Budget deficit and trade deficit are linked, but the direction of the causality is reversed, because of the important role of the oil revenue in this economy, the trade deficit causes the  budget deficit.
The relationship between budget and trade deficits will be analyzed in the short and the long run by using three complementary approaches: the Error Correction Model, the Johansen Cointegration  and the Granger bivarite causality.
This research will be presented in four sections. Section II deals with the theoretical basis of the twin deficit phenomenon. Section III discusses the econometric methodology. Section IV provides the estimated results. Section V is reserved to the summary and concluding remarks
 

موقع المؤتمر
ERF Seventh Annual Conference
اسم المؤتمر
ERF REGION: Trends and Prospects for Growth and Human Development
المنظمة الممولة
Economic Research Forum
مزيد من المنشورات
publications

This paper, unlike all other studies, is based on two principles. First, it investigates the relationship between the two deficits on petroleum economy where exports, government revenue, and…

بواسطة Mamdouh Alkhatib Alkswani
2000
publications

The main objective of this paper is to apply the Economic Base Theory to the manufacturing sector in Saudi Arabia. This paper analyzes and describe the distribution and spatial…

بواسطة Mamdouh Alkhatib Alkswani, Khalid I. Al-Dakhil
1999
publications

This study investigates the determinants of the money demand function in Saudi Arabia. The Saudi economy was instable during the period 1977-1997 because of the dependence on the production of oil…

بواسطة Mamdouh Alkhatib Alkswani, Hamad A. AL-Towajari
1999