Export strategies are the means by which the country can dispose of its domestic production surpluses to bridge successive deficits in national balances of payments and achieve economic growth. These strategies are of particular importance to the economy of Saudi Arabia, as it has opted in the last decade to diversify its economy and migrate gradually away from an economy heavily reliant on oil exports. Given the importance of diversifying the economy, this study aims to examine the relationship between exports and economic growth in the Saudi Arabian economy. The multivariate Granger Causality Test and cointegration, which is the most common model, was used in examining the short-term and long-term patterns of exports, non-oil exports, GDP, GDP per capita, and government spending from 1991 to 2016. The findings support a long-standing connection involving Saudi exports and the country’s rate of economic expansion. Unidirectional causality exists between exports, non-oil exports, and economic growth expansion, which means the growth rate rises as exports grow. In addition, the findings revealed the presence of bidirectional causality between the variables. Indeed, export promotion strategies are imperative to fulfill Saudi Arabia’s aspiration of robust and long-term economic growth. AcknowledgmentThe authors acknowledge the Deanship of Scientific Research at King Faisal University (KFU) in Saudi Arabia for the financial support provided under (Grant No. 186183).
This research aims to examine the mediating effects of eco-innovation practices in the relationship between the drivers of eco-innovation and the performance of tourism and hospitality enterprises. A quantitative approach was adopted in this research using questionnaire surveys as an instrument for collecting primary data. Based on the convenience sampling technique, a total of 550 questionnaire forms were distributed to five-star hotels and travel agencies in Cairo. Out of the distributed forms, only 400 forms were filled out and returned to the researchers and thus valid for analysis, representing a response rate of 72.7%. Structural Equation Modeling (SEM) using partial least squares (PLS-SEM) was employed to test the research model. The results showed the significant effect of independent variables on dependent variables through mediating variables. Multiplied path coefficients were used to measure the confidence interval (CI) for measuring the mediating relationship. The results supported the effect of eco-innovation practices as a mediating factor in the relationship between the drivers of eco-innovation and the performance of tourism and hospitality enterprises. The findings also showed that the eco-innovation drivers, which include management awareness, organizational capabilities, and environmental strategy, have a significant effect on eco-innovation practices and tourism/hospitality enterprise performance when integrating the mediating variables of eco-innovation practices. There are a few studies that have also examined a conceptual framework to examine eco-innovation practices as mediating factors in the relationship between the drivers of eco-innovation and the performance of tourism and hospitality enterprises in terms of five-star hotels and travel agencies in Egypt. Consequently, this research contributes to the literature related to tourism and hospitality management through highlighting the mediating effect of eco-innovation practices on the relationship between the drivers of eco-innovation and the performance of tourism and hospitality enterprises.
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