文章基本信息

标题：The Relationship between Saving and Investment: The Case of Saudi Arabia
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作者：Abdulelah Alrasheedy ; Hamed Alaidarous
期刊名称：International Journal of Economics and Finance
印刷版ISSN：1916-971X
电子版ISSN：1916-9728
出版年度：2019
卷号：11
期号：11
页码：64-71
DOI：10.5539/ijef.v11n11p64
语种：English
出版社：Canadian Center of Science and Education
摘要：It is an attempt to investigate the relationship between saving and investment and the mechanism of the way they influence the economic growth. It is very vital to study such causality to help policy makers setting out appropriate economic policies. It is taking us too long to come up with the results because of the lack of data, and the complexity of how saving and investment defined in case of Saudi economy. The results show that there is a bidirectional granger causality between private saving and private GDP, and unidirectional causality running from private saving to private investment. However, there is an ambiguous relationship missing between investment and economic growth at both aggregate and private levels. Finally, although this study shows the directional of causality between the three considered variables, the study could not catch up the magnitude of the impact of these variables on each other.
关键词：Saudi Arabia; saving; investment; causality; Feldstein’s and Horioka’s theory (FH)