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Impact of Technological Progress on Economic Growth and Employment: A Case Study of Saudi Arabia

Author

Listed:
  • Fayq Al Akayleh

    (Associate Professor of Economics College of Business Administration, Al Yamamah University – Riyadh, Saudi Arabia)

Abstract

This research paper aims at examining the role of technology in boosting economic activity and employment, by adopting different research methodologies and taking the Saudi economy as a case study. The research results support the notion that technological progress is a key factor in achieving development goals pertaining to economic growth and employment level. The study suggests that the leaders and policy-makers in Saudi Arabia should pay a great attention on adopting technology as a medium for achieving the social and economic development goals.

Suggested Citation

  • Fayq Al Akayleh, 2018. "Impact of Technological Progress on Economic Growth and Employment: A Case Study of Saudi Arabia," The Journal of Social Sciences Research, Academic Research Publishing Group, vol. 4(12), pages 606-617, 12-2018.
    • Handle: RePEc:arp:tjssrr:2018:p:606-617
    as

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    References listed on IDEAS

    as
    1. David Bloom & David Canning & Günther Fink & Jocelyn Finlay, 2009. "Fertility, female labor force participation, and the demographic dividend," Journal of Economic Growth, Springer, vol. 14(2), pages 79-101, June.
    2. Motohashi, Kazuyuki & Yuan, Yuan, 2010. "Productivity impact of technology spillover from multinationals to local firms: Comparing China's automobile and electronics industries," Research Policy, Elsevier, vol. 39(6), pages 790-798, July.
    3. Federico Etro, 2011. "The Economics of Cloud Computing," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(2), pages 7-22, May.
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