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Socioeconomic Impacts of Digitisation in Saudi Arabia

Author

Listed:
  • Mohamed Neffati

    (Department of Economics, Business School ESC, Sfax University, Tunisia,)

  • Abdessalem Gouidar

    (Department of Economics, Higher Institute of Management, Gabes University, Tunisia)

Abstract

The aim of this paper is to measure and analyse the socioeconomic effects of digitisation in Saudi Arabia by using data for the period 1981 2016. Adopting the autoregressive distributed lag and the fully modified least squares approaches, the results reveal significant relationships between the digitisation and socioeconomic variables. Notably, digitisation contributes to the gross domestic product, reduces unemployment, and enhances transparency. Thus, digitisation can be considered a new impetus growth and a powerful instrument of economic diversification that permits the transition to a knowledge-based economy.

Suggested Citation

  • Mohamed Neffati & Abdessalem Gouidar, 2019. "Socioeconomic Impacts of Digitisation in Saudi Arabia," International Journal of Economics and Financial Issues, Econjournals, vol. 9(3), pages 65-72.
    • Handle: RePEc:eco:journ1:2019-03-5
    as

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    References listed on IDEAS

    as
    1. Peter C. B. Phillips & Bruce E. Hansen, 1990. "Statistical Inference in Instrumental Variables Regression with I(1) Processes," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(1), pages 99-125.
    2. Ajay Agrawal & John Horton & Nicola Lacetera & Elizabeth Lyons, 2015. "Digitization and the Contract Labor Market: A Research Agenda," NBER Chapters, in: Economic Analysis of the Digital Economy, pages 219-250, National Bureau of Economic Research, Inc.
    3. M. Hashem Pesaran & Yongcheol Shin & Richard J. Smith, 2001. "Bounds testing approaches to the analysis of level relationships," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(3), pages 289-326.
    4. Abdessalem Gouider & Sahbi Gabsi, 2018. "Mechanical functioning of the Saudi economy in the context of the national transformation plan and its impacts on macroeconomic variables in Saudi Arabia," International Journal of Economics and Business Research, Inderscience Enterprises Ltd, vol. 16(3), pages 297-307.
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    Cited by:

    1. Rabab Triki & Mohamed Hédi Maâloul & Younès Bahou & Mohamed Kadria, 2023. "The Impact of Digitization to Ensure Competitiveness of the Ha’il Region to Achieve Sustainable Development Goals," Sustainability, MDPI, vol. 15(2), pages 1-13, January.

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    More about this item

    Keywords

    Digitisation; socioeconomic; transparency;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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