What question did this study set out to answer?

This research investigates how structural transformation and economic freedom affect non-oil economic growth in Saudi Arabia from 1996 to 2023.

May 1, 2026International Journal of Accounting and Economics StudiesOpen Access

The Impact of Structural Transformation Trends in The Industrial Sector on The Economic Growth of The Non-Oil Sector in Saudi Arabia

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Authors

SGS. GabsiImam Mohammad ibn Saud Islamic University

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Implication

Research investigates structural transformation and economic freedom's influence on non-oil growth in Saudi Arabia, suggesting pathways for sustainable development.

Key Points

This research investigates how structural transformation and economic freedom affect non-oil economic growth in Saudi Arabia from 1996 to 2023.
Utilized an Autoregressive Distributed Lag (ARDL) framework to analyze data from 1996 to 2023.
Examined short-run dynamics and long-run relationships among key factors influencing growth.
Incorporated interaction terms between structural change and economic freedom in the analysis.
Found that structural transformation significantly drives non-oil GDP growth.
Economic freedom amplifies the positive effects of industrial diversification under strong institutions.
Promoting high-productivity sectors and investment supports sustainable non-oil growth, aligning with Saudi Arabia's Vision 2030 objectives.

Cite This Study

S. Gabsi (2026) studied this question.

synapsesocial.com/papers/69f443cb967e944ac5566d4f https://doi.org/10.14419/ae6eew26

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Implication

Research investigates structural transformation and economic freedom's influence on non-oil growth in Saudi Arabia, suggesting pathways for sustainable development.

The Impact of Structural Transformation Trends in The Industrial Sector on The Economic Growth of The Non-Oil Sector in Saudi Arabia

Discussion

Member takes

Implication

Key Points

Cite This Study

The Impact of Structural Transformation Trends in The Industrial Sector on The Economic Growth of The Non-Oil Sector in Saudi Arabia

Discussion

Member takes

Implication

Key Points

Cite This Study

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