Impact of Technological Progress on Economic Growth and Employment: A Case Study of Saudi Arabia

Fayq Al Akayleh
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Fayq Al Akayleh: Associate Professor of Economics College of Business Administration, Al Yamamah University – Riyadh, Saudi Arabia

The Journal of Social Sciences Research, 2018, vol. 4, issue 12, 606-617

Abstract: This research paper aims at examining the role of technology in boosting economic activity and employment, by adopting different research methodologies and taking the Saudi economy as a case study. The research results support the notion that technological progress is a key factor in achieving development goals pertaining to economic growth and employment level. The study suggests that the leaders and policy-makers in Saudi Arabia should pay a great attention on adopting technology as a medium for achieving the social and economic development goals.

Keywords: Technological Progress; Gross Domestic Product; Employment; Economic Development. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:arp:tjssrr:2018:p:606-617

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