International Journal of Management and Applied Science (IJMAS)
.
current issues
Volume-6,Issue-5  ( May, 2020 )
Past issues
  1. Volume-6,Issue-5  ( May, 2020 )
  2. Volume-6,Issue-4  ( Apr, 2020 )
  3. Volume-6,Issue-3  ( Mar, 2020 )
  4. Volume-6,Issue-2  ( Feb, 2020 )
  5. Volume-6,Issue-1  ( Jan, 2020 )
  6. Volume-5,Issue-12  ( Dec, 2019 )
  7. Volume-5,Issue-11  ( Nov, 2019 )
  8. Volume-5,Issue-10  ( Oct, 2019 )
  9. Volume-5,Issue-9  ( Sep, 2019 )
  10. Volume-5,Issue-8  ( Aug, 2019 )

Statistics report
Jul. 2020
Submitted Papers : 80
Accepted Papers : 10
Rejected Papers : 70
Acc. Perc : 12%
Issue Published : 75
Paper Published : 4404
No. of Authors : 9054
  Journal Paper




Paper Title :
The Theory of Ricardian Equivalence Applied to Oil-Arab Exporting Economies (2003-2012)

Author :Khairi Ahmed R Masaud, Basem Ertimi, Aymen Alajly Alsayed Eshawish

Article Citation :Khairi Ahmed R Masaud ,Basem Ertimi ,Aymen Alajly Alsayed Eshawish , (2019 ) " The Theory of Ricardian Equivalence Applied to Oil-Arab Exporting Economies (2003-2012) " , International Journal of Management and Applied Science (IJMAS) , pp. 65-72, Volume-5,Issue-12

Abstract : The validity of the Ricardian equivalence proposal remains controversial despite numerous empirical studies. This study used the DOLS approach to examine evidence from the Ricardian Equivalence Hypothesis in seven oil-rich Arab countries, namely Algeria, Bahrain, Oman, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates during the period 2003-2012. The results show that GDP per capita and government expenditure have a positive effect on private consumption, while government debt has a negative impact on private consumption. From the point of view of this study, the proposition of Ricardian equivalence, which affirms that private consumption remains unchanged, independently of government expenditures, does not apply to the countries in question. On the contrary, the Ricardian Equivalence Hypothesis was accepted since the government debt coefficient had negative and statistically significant impact on private consumption. therefore, the results revealed that individuals in these countries obtain Ricardian characteristics. Keywords - Panel-Cointegration, Ricardian Equivalence, Government Debt, Government Spending,

Type : Research paper


Copyright: © Institute of Research and Journals

| PDF |
Viewed - 25
| Published on 2020-03-02
   
   
IRAJ Other Journals
IJMAS updates
IJMAS -THANK YOU ALL FOR CONTRIBUTING YOUR PAPER TO IJMAS DEC ISSUE. ALL AUTHORS ARE REQUESTED TO GET THEIR HARD COPY NOW.
The Conference World
Facebook

JOURNAL SUPPORTED BY