Impacts of Global Climate Policies on Middle Eastern Oil Exporters: A Review of Economic Implications and Mitigation Strategies

Fakhri Hasanov, Muhammad Javid, Jeyhun Mikayilov, Rami Shabaneh, Abdulelah Darandary and Ryan Alyamani
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Ryan Alyamani: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: Macroeconomic and sectoral assessment of the energy price reform (EPR) can provide policymakers with useful insights regarding price deregulation options. A key feature of this research that differentiates it from many other studies is its modeling framework. The framework first estimates how theoretically articulated determinants (e.g., income and price) historically shaped natural gas demand. Then, this estimated equation is integrated into a macroeconometric model called KGEMM to simulate the impact of natural gas prices on key macroeconomic and sectoral indicators that are of policy interest for the coming years.

Keywords: Agent based modeling; Analytics; Applied research; Autometrics (search for similar items in EconPapers)
Pages: 31
Date: 2023-10-04
New Economics Papers: this item is included in nep-ara, nep-ene, nep-env and nep-int
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https://www.kapsarc.org/research/publications/macr ... roeconometric-model/ First version, 2023

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2022-dp22

DOI: 10.30573/KS--2022-DP22

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