Disaggregated effect of construction investments on the Saudi economy: a dynamic computable general equilibrium model of Saudi Arabia

Financial Innovation

Table 2 Effect of the policy on the macroeconomic variables (percentage change from the benchmark)

Real variables	t1	t2	t3	t4	t5	TOT
GDP	5.23	3.45	1.90	1.63	1.62	13.83
Investments	21.15	10.57	5.03	4.17	4.11	45.02
Households consumption	0.19	0.20	0.22	0.24	0.25	1.09
Exports	− 1.06	− 0.97	− 0.89	− 0.78	− 0.62	− 4.32
Imports	2.23	1.84	1.42	1.30	1.25	8.04
GDP deflator	0.91	0.80	0.72	0.62	0.55
Multiplier						1.35