Governance of public spending avenues by oil prices, oil revenues, and GDP in Saudi Arabia: proportionate sensitivity and trend analysis
Saudi Arabia is a petroleum resource-rich country, and half of the GDP of Saudi Arabia is based on the Oil Sector Revenue (OSR). The OSR is governed by the Oil Prices (OP), while GDP is also affected by the OSR in petroleum exporting companies. The volatility of OP governs the OSR and GDP positively...
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Format: | Article |
Language: | English |
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LLC "CPC "Business Perspectives"
2020-11-01
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Series: | Investment Management & Financial Innovations |
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Online Access: | https://businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/14287/IMFI_2020_04_Ali.pdf |