FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2944826500> ?p ?o ?g. }

• W2944826500 abstract "Economists agree that persistent trade deficits indicate poor economic health. However, opinions vary widely regarding the factors that influence trade deficits, and studies that focus specifically on non-oil trade deficits are limited. This study was an investigation of relationships between Saudi Arabia’s non-oil trade deficit and specific economic measures that were shown in previous research to be related to trade deficits in other countries. The researcher used Stock and Watson’s Dynamic Ordinary Least Squares (DOLS) approach (1993) as an empirical method to estimate the critical parameters of the non-oil trade deficit in Saudi Arabia over a 25- year period (1998-2015). To meet the requirements of the DOLS application, a time series was used to analyze the data. This allowed the designation of the order of integration for each series, generating the data for review. The results of our assessment suggest that a unique theoretical sign can be expected for the individual variables. This confirms that statistically significant positive relationships exist between the non-oil trade deficit and (a) real income, (b) relative national prices to foreign prices, and (c) international reserves. In contrast, a negative and considerable correlation was found between the Real Effective Exchange Rate (REER) and the non-oil trade deficit. Policymakers are currently challenged with controlling the domestic inflation rate, and the results of this study substantiate the positive relationship between Saudi Arabia’s non-oil trade deficit and relative domestic to foreign prices. Therefore, the findings indicate that controlling domestic prices is an important element of managing the non-oil trade deficit. The negative relationship between the non-oil trade deficit and real effective exchange rate strongly suggests that policymakers should also support the real effective exchange rate. Saudi Arabia needs strategic plans and policies that promote the development of innovative and dynamic trade sectors that potentially accelerate economic diversification. Economic diversification is dependent on inventive processes that improve productivity, products that promote sustainable growth, new markets, and institutions that allow for more efficient production. Strategies should strive to encourage both vertical and horizontal diversification beyond oil production, which would further integrate non-oil trade into the global value chain and attract foreign direct investment to the non-oil sector." @default.
• W2944826500 created "2019-05-29" @default.
• W2944826500 creator A5023563890 @default.
• W2944826500 date "2019-04-01" @default.
• W2944826500 modified "2023-09-24" @default.
• W2944826500 title "The Non-Oil Trade Deficit in Saudi Arabia: How can it be Managed?" @default.
• W2944826500 cites W1594988591 @default.
• W2944826500 cites W1958747498 @default.
• W2944826500 cites W1975994995 @default.
• W2944826500 cites W2068107986 @default.
• W2944826500 cites W2112795067 @default.
• W2944826500 cites W2185682874 @default.
• W2944826500 cites W2512968140 @default.
• W2944826500 cites W2895855893 @default.
• W2944826500 cites W3041231242 @default.
• W2944826500 cites W3122880965 @default.
• W2944826500 hasPublicationYear "2019" @default.
• W2944826500 type Work @default.
• W2944826500 sameAs 2944826500 @default.
• W2944826500 citedByCount "0" @default.
• W2944826500 crossrefType "journal-article" @default.
• W2944826500 hasAuthorship W2944826500A5023563890 @default.
• W2944826500 hasConcept C10138342 @default.
• W2944826500 hasConcept C149782125 @default.
• W2944826500 hasConcept C162324750 @default.
• W2944826500 hasConcept C182306322 @default.
• W2944826500 hasConcept C18547055 @default.
• W2944826500 hasConcept C22674136 @default.
• W2944826500 hasConcept C2776988154 @default.
• W2944826500 hasConcept C556758197 @default.
• W2944826500 hasConcept C99656134 @default.
• W2944826500 hasConceptScore W2944826500C10138342 @default.
• W2944826500 hasConceptScore W2944826500C149782125 @default.
• W2944826500 hasConceptScore W2944826500C162324750 @default.
• W2944826500 hasConceptScore W2944826500C182306322 @default.
• W2944826500 hasConceptScore W2944826500C18547055 @default.
• W2944826500 hasConceptScore W2944826500C22674136 @default.
• W2944826500 hasConceptScore W2944826500C2776988154 @default.
• W2944826500 hasConceptScore W2944826500C556758197 @default.
• W2944826500 hasConceptScore W2944826500C99656134 @default.
• W2944826500 hasIssue "2" @default.
• W2944826500 hasLocation W29448265001 @default.
• W2944826500 hasOpenAccess W2944826500 @default.
• W2944826500 hasPrimaryLocation W29448265001 @default.
• W2944826500 hasRelatedWork W1964388774 @default.
• W2944826500 hasRelatedWork W2104472184 @default.
• W2944826500 hasRelatedWork W2184629811 @default.
• W2944826500 hasRelatedWork W2277907040 @default.
• W2944826500 hasRelatedWork W2568452194 @default.
• W2944826500 hasRelatedWork W2571596969 @default.
• W2944826500 hasRelatedWork W2894573455 @default.
• W2944826500 hasRelatedWork W2903593467 @default.
• W2944826500 hasRelatedWork W2904581261 @default.
• W2944826500 hasRelatedWork W2991765417 @default.
• W2944826500 hasRelatedWork W3039324924 @default.
• W2944826500 hasRelatedWork W3090955547 @default.
• W2944826500 hasRelatedWork W3114243004 @default.
• W2944826500 hasRelatedWork W3126119196 @default.
• W2944826500 hasRelatedWork W3130288823 @default.
• W2944826500 hasRelatedWork W3157089143 @default.
• W2944826500 hasRelatedWork W3191609935 @default.
• W2944826500 hasRelatedWork W3204782530 @default.
• W2944826500 hasRelatedWork W3212268485 @default.
• W2944826500 hasRelatedWork W2530164598 @default.
• W2944826500 hasVolume "18" @default.
• W2944826500 isParatext "false" @default.
• W2944826500 isRetracted "false" @default.
• W2944826500 magId "2944826500" @default.
• W2944826500 workType "article" @default.