Saudi Structural Vector Auto-Regressive (SVAR) Model:
The Saudi S-VAR is Vector Auto-Regressive Model of Major Macroeconomic Indicators, Augmented with a Structural Macro-econometric Model of 8 blocks and 14 Sectors (86 activities as per ISIC4) of the economy. The Model contains three main blocks, which are: a Nominal Block, a Real Block, and an Equilibrium Block. The Model includes indices such as: Oil GDP, Non-Oil GDP , Inflation, Unemployment, Money Supply, Government Expenditure, Government Revenue, Private Investment, Exports, Imports, World GDP, World Price Level, Oil Prices, Oil Production, FedFund rate, SIABOR, REER). It is able to measure Short Term Economic Policy Impacts, sensitivity of inflation and growth to changes in major international indicators, and perform short term prediction of GDP growth, inflation and Saudi unemployment.
Saudi-SVAR Model:
- Nominal Block: 63 VAR Equations for the transmission mechanisms between prices, interest rates, money supply, inflation, liquidity, credit, and investment, consumption, and output.
- Real Block: 441 behavior equations for sectors as per ISIC 4 classifications.
- 19 Identities including Clearing Conditions (Equilibrium). The model captures both Equilibrium and Disequilibrium aspects of the Saudi economy in the short term.
Main Use:
*Policy Impact Analysis (Short-term, up to 2 years)
*Short term Forecasting of Key Economic Indicators
English 
العربية 
