Public Investment in Transport: A Test of the Hicks-Kubisch Thesis for Saudi Arabia
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Authors
Looney, R.E.
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Date of Issue
1992
Date
1992
Publisher
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Abstract
Because of the falling oil revenues throughout the 80' s, Saudi Arabia, as most
of the OPEC countries, was forced to introduce fiscal austerity programs. However, little is
known about the criteria followed in setting expenditure priorities, particularly with reference
to the transportation and communication sector. The paper deals with issues such as: how the
Saudi Arabian authorities revised their allocations to the major budgetary categories following
revenue developments during the fiscal year; the topic of supposed systematical unanticipated
changes in revenues; the related issue of which categories gained or lost; and finally the possible
insights as to the strategy followed by the government in setting budgetary priorities.
Type
Article
Description
International Journal of Transport Economics, February 1992.
Refereed Journal Article
Refereed Journal Article
Series/Report No
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Citation
Looney, R.E., "Public Investment in Transport: A Test of the Hicks-Kubisch Thesis for Saudi Arabia," International Journal of Transport Economics, February 1992.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.