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Data Analysis Methods
Data analysis methods will be similar to those used by Asseery & Al-Sheikh (2004). They will include multiple regression analysis based on cointegration techniques. Error correction techniques will be applied that are similar to that which was found in Plazolo & Bank (1995). These and other sources found in the literature review will be used in the construct of the data analysis methods.
Quality Assurance Methods
Quality of the final research will be dependent on the credibility of the sources used and the data contained within them. Statistical methods will also be applied to help reduce errors and assure quality of the final research product. Many of these methods are dependent upon the data which is found, the form it is in, and other factors that cannot be determined until data collection begins.
Conclusion
Determining the factors that influence economic growth plays an important role in determining economic policy, and other laws that will affect the welfare of the country. Saudi Arabia is unique in its dependency on a single natural resource. Oil plays...
Their dependency on oil makes of determining the economic growth factors different than in countries that have greater diversity in economic resources. This research will play an important role in developing models that can help to assess the affects of various determinants of future growth in the Saudi Arabian economy. Understanding these factors will help Saudi Arabia to achieve the growth that it desires in the future. This study will play an important role in the development of models to help in this objective.
References
Anaman, K.A. (2004) "Determinants of economic growth in Brunei Darussaiam." Journal of Asian Economie. 15: 777-796.
Asseery, a. & Al-Sheikh, H. (2004). "The determinants of the Saudi Economic Growth." Journal of Faculty of Commerce for Scientific Research. Alexandria University. Egypt. 41: 97-116.
Plazolo, M. & Bank, D. (1995). "Determinants of South Korean Economic Growth." International Economic Journal. 9:9-110.
APPENDIX I
Cia.gov/library/publications/the-world-factbook/geos/sa.html World Bank. (2009). Key development data and statistics. World Bank. Retrieved October 27, 2009 from http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/0,,contentMDK:20535285~menuPK:1192694~pagePK:64133150~piPK:64133175~theSitePK:239419,00.html Williams, J. (2009). Oil price history and analysis. WTRG Economics. Retrieved October 27, 2009 from http://www.wtrg.com/prices.htm Kawach, N. (2008). Saudi debt set to drop sharply this year. Emirates Business. Retrieved October 27, 2009 from http://www.business24-7.ae/Articles/2008/8/Pages/Saudidebtsettodropsharplythisyear.aspx Abocar, a. (2009). Saudi debt woes not derailing interest in mideast. Reuters. Retrieved October 27, 2009 from http://www.reuters.com/article/MiddleEastInvestment09/idUSTRE59P3NJ20091026 Kawach, N. (2009). Saudi Arabia's
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Thus, Saudi Arabia is caught between a short-run dependency on oil that has it opposing tight restrictions on oil consumption, but has a long-run interest in moving away from the oil economy, something that will only be forced by decreasing oil revenues. There are indications that Saudi Arabia is willing to be flexible in negotiations. It is unlikely that the country would accept limits on its own consumption of fossil
This also includes the well-known Saudi offshore portion of the Persian Gulf which was the focus of much interest and debate during the first Gulf War in early 1990's as a result of Iraq's invasion of Kuwait. Geologically, these oil fields "are mostly the result of what is known as extensional block faulting" in ancient sedimentary rock layers (i.e., sandstone and shale) "in the crystalline Pre-Cambrian basement (or subfloor)" which
Economic Growth Lead Healthier Happier Societies Weather economic growth leads to healthier and happier societies or not? It is the question of current essay. Usually economic growth and development brings prosperity and wellness in the lives of individuals by improving their life style. With the economic growth of a country the quality of life improves as people have better food to eat, better houses to live in and better clothes to
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