Analyzing the Effects of Saudi Arabia’s Economic Reforms Using a Dynamic Stochastic General Equilibrium Model

Jorge Blazquez (), Marzio Galeotti, Baltasar Manzano, Axel Pierru and Shreekar Pradhan

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: Saudi Arabia is the world’s second-largest holder of proved oil reserves and the second-largest producer of petroleum liquids. The country is the largest exporter of crude oil, with a share of 16% of total crude oil exports in 2017. Saudi Arabia’s economy is heavily oil dependent.

Keywords: Cointegration; Economic activity; GDP; Nighttime Satellite data; Production Function (search for similar items in EconPapers)
Pages: 55
Date: 2020-05-21
New Economics Papers: this item is included in nep-ara, nep-dge and nep-ene
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2020-dp11

DOI: 10.30573/KS--2020-DP11

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