Search for: [Abstrakt = "This study investigates the effect of the fluctuations in the components of aggregate demand on the non\-oil GDP \(RNOGDP\) in the Kingdom of Saudi Arabia \(KSA\) using Vector Auto Regression analysis\(VAR\). The cointegration test indicates the existence of a long\-term relationship between RNOGDP and the components of aggregate demand. The variance decomposition \(VD\) suggests that fluctuations in real government expenditure \(RGOV\) and real net exports \(RNEXP\) play a major role in explaining the fluctuations of real non\-oil GDP, while the Impulse Response Functions \(IRFs\) indicate that the fluctuations in RGOV and real private consumption \(RCONS\) have a positive and the greatest influence on fluctuations in RNOGDP in the short run, but that vanishes in the long\-term. On the other hand, the IRFs indicate that fluctuations in real investment \(RI\) and RNEXP have a negative effect on the fluctuations in RNOGDP in the short run, though they decline in the long run"]
