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Determinants of economic
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Determinants of economic growth case in saudia arabia
...... Another study conducted by Asseery & Al-Sheikh (2004) examined economic growth determinants in the Kingdom of Saudi Arabia between 1964-2001. The study used military spending, financial development, exports, government spending, labor, and investments as their independent variables. The study found that all variables except investment, are important determinants of economic growth in Saudi Arabia. However, the study noted that oil exports seem to have the strongest correlation with the economic growth, above all the other factors combined
Plasolo & Bank (1995) found that disparities between growth rates of different countries are only partially explainable by the basic factors of production. The study used a time series analysis to examine growth factors in the economy of Korea. The results found that human capital, investment, and exports enhanced economic development positively. It was found that inflation and government consumption influenced economic growth in a negative manner......
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