Financial uncertainty is a key determinant in investment decisions. This study explores whether investors herd in response to economic policy uncertainty (EPU) and their effect on stock prices. Daily data ranging from July 16, 2011, to August 4, 2022, of stock-listed companies in Saudi Arabia,...

The present paper has two main objectives: first, to accurately estimate commodity price uncertainty; and second to analyze the uncertainty connectedness among commodity markets and the macroeconomic uncertainty, using the time-varying vector-autoregressive (TVP-VAR) model. We use eight main...

This paper explores the potential spatial diversification of manufactured goods' exports in Saudi Arabia. To account for the spatial interactions of Saudi's manufactured goods' exports, we use a panel Spatial Autoregressive (SAR) model for 77 trade partners over the period 2000-2016. The...

The recent Saudi Arabia's 'Vision 2030' including the National Transformation Plan has renewed the debate on the efficiency of government spending. The aim of this paper was twofold. First, to measure the relative efficiency of Saudi Arabia's public spending over the period 1988-2013 using...

The recent Saudi Arabia’s “Vision 2030” including the National Transformation Plan has renewed the debate on the efficiency of government spending. The aim of this paper was twofold. First, to measure the relative efficiency of Saudi Arabia’s public spending over the period 1988–2013...

The present paper has two main objectives: first, to accurately estimate commodity price uncertainty; and second to analyze the uncertainty connectedness among commodity markets and the macroeconomic uncertainty, using the time-varying vector-autoregressive (TVP-VAR) model. We use eight main...

This paper explores the potential spatial diversification of manufactured goods' exports in Saudi Arabia. To account for the spatial interactions of Saudi's manufactured goods' exports, we use a panel Spatial Autoregressive (SAR) model for 77 trade partners over the period 2000-2016. The...