Resilience of Saudi Arabia’s Economy to Oil Shocks: Effects of Economic Reforms

Hossa Almutairi, Marzio Galeotti, Baltasar Manzano and Axel Pierru

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: We assess the extent to which the implementation of Saudi Vision 2030 policies enhances the Saudi economy’s resilience to oil price and production shocks, and to the productivity of tradable and non-tradable goods. We extend Blazquez et al.’s (2021) dynamic stochastic general equilibrium model to capture the country’s economic diversification policies and build a resilience index based on impulse responses to shocks.

Keywords: Applied general model; Discount rate; Discounting (search for similar items in EconPapers)
Pages: 47
Date: 2022-09-23
New Economics Papers: this item is included in nep-ara, nep-dge and nep-ene
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.kapsarc.org/research/publications/resi ... of-economic-reforms/ First version, 2022

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2022-dp13

DOI: 10.30573/KS--2022-DP13

Access Statistics for this paper

More papers in Discussion Papers from King Abdullah Petroleum Studies and Research Center Contact information at EDIRC.
Bibliographic data for series maintained by Michael Gaffney ().