Manuscript Title:

TRENDS IN OIL AND GAS-RELATED INDUSTRIES’ GROWTH: A PANEL DATA ANALYSIS

Author:

Dr. MOODHI RAID

DOI Number:

DOI:10.5281/zenodo.17875637

Published : 2025-12-10

About the author(s)

1. Dr. MOODHI RAID - Assistant Professor, Economics, College of Business Administration, Al Yamamah University, Riyadh, (Kingdom of Saudi Arabia).

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Abstract

This study empirically investigates the Growth Trends in Oil and Gas-Related Industries impact of foreign trade, specifically exports and imports, on the growth of Saudi Arabia’s manufacturing sub-sectors. Using panel data covering 23 industrial sectors from 2000 to 2017, several estimation methods are applied to examine how the composition of foreign trade and other determinants influence industrial growth. By analyzing industries across different technological classifications (high-, medium-, and low-technology), the study provides insights into whether foreign trade has contributed to enhancing or reducing growth within Saudi manufacturing. Furthermore, the research places special emphasis on oil and gas-related industries as a key strategic sector under Saudi Arabia’s National Transformation Program (NTP) 2030. The findings are expected to support policymakers and government entities in designing effective industrialization policies, selecting appropriate trade tools, and strengthening the development and competitiveness of these critical industries within the broader structural transformation of the Saudi economy.


Keywords

TRENDS IN OIL AND GAS-RELATED INDUSTRIES’ GROWTH: A PANEL DATA ANALYSIS