This paper focuses on exploring the conduit through which wealth, aggregated by broad money supply, affects the real private consumption in the Saudi economy. In other words, the relationship between money supply (proxy of wealth), among other variables, and the real private consumption function. This study covers the period of 1985-2014. The short and long-run relationships are estimated using co-integration techniques. The results support the existence of positive effects of wealth over private consumption. Also, consumption is affected negatively by changes in prices in the long-run.
| Published in | International Journal of Economics, Finance and Management Sciences (Volume 4, Issue 5) |
| DOI | 10.11648/j.ijefm.20160405.16 |
| Page(s) | 269-274 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2016. Published by Science Publishing Group |
Consumption, Saudi Arabia, Co-integration Analysis, Wealth, Inflation
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APA Style
Abdulaziz Hamad Algaeed. (2016). Money Supply as a Conduit of the Consumption in the Saudi Economy: A Co-integration Approach. International Journal of Economics, Finance and Management Sciences, 4(5), 269-274. https://doi.org/10.11648/j.ijefm.20160405.16
ACS Style
Abdulaziz Hamad Algaeed. Money Supply as a Conduit of the Consumption in the Saudi Economy: A Co-integration Approach. Int. J. Econ. Finance Manag. Sci. 2016, 4(5), 269-274. doi: 10.11648/j.ijefm.20160405.16
AMA Style
Abdulaziz Hamad Algaeed. Money Supply as a Conduit of the Consumption in the Saudi Economy: A Co-integration Approach. Int J Econ Finance Manag Sci. 2016;4(5):269-274. doi: 10.11648/j.ijefm.20160405.16
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Download@article{10.11648/j.ijefm.20160405.16,
author = {Abdulaziz Hamad Algaeed},
title = {Money Supply as a Conduit of the Consumption in the Saudi Economy: A Co-integration Approach},
journal = {International Journal of Economics, Finance and Management Sciences},
volume = {4},
number = {5},
pages = {269-274},
doi = {10.11648/j.ijefm.20160405.16},
url = {https://doi.org/10.11648/j.ijefm.20160405.16},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20160405.16},
abstract = {This paper focuses on exploring the conduit through which wealth, aggregated by broad money supply, affects the real private consumption in the Saudi economy. In other words, the relationship between money supply (proxy of wealth), among other variables, and the real private consumption function. This study covers the period of 1985-2014. The short and long-run relationships are estimated using co-integration techniques. The results support the existence of positive effects of wealth over private consumption. Also, consumption is affected negatively by changes in prices in the long-run.},
year = {2016}
}
TY - JOUR T1 - Money Supply as a Conduit of the Consumption in the Saudi Economy: A Co-integration Approach AU - Abdulaziz Hamad Algaeed Y1 - 2016/09/28 PY - 2016 N1 - https://doi.org/10.11648/j.ijefm.20160405.16 DO - 10.11648/j.ijefm.20160405.16 T2 - International Journal of Economics, Finance and Management Sciences JF - International Journal of Economics, Finance and Management Sciences JO - International Journal of Economics, Finance and Management Sciences SP - 269 EP - 274 PB - Science Publishing Group SN - 2326-9561 UR - https://doi.org/10.11648/j.ijefm.20160405.16 AB - This paper focuses on exploring the conduit through which wealth, aggregated by broad money supply, affects the real private consumption in the Saudi economy. In other words, the relationship between money supply (proxy of wealth), among other variables, and the real private consumption function. This study covers the period of 1985-2014. The short and long-run relationships are estimated using co-integration techniques. The results support the existence of positive effects of wealth over private consumption. Also, consumption is affected negatively by changes in prices in the long-run. VL - 4 IS - 5 ER -
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