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Sectoral and Economy-Wide Effects of Domestic Energy Price Reforms in Saudi Arabia

Olivier Durand-Lasserve, Hossa Almutairi, Abdullah AlJarboua, Frederic Murhphy, Shreekar Pradhan and Axel Pierru ()

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: Administered energy prices have played a key role in Saudi Arabia’s socio-economic development. However, they have numerous adverse effects because they induce a wasteful use of energy resources. Over recent years, Saudi Arabia has reformed its administered energy pricing, as part of its broader objective to reform its economy in accordance with Saudi Vision 2030, its blueprint for economic diversification.

Keywords: Energy Market regulation and reform; Energy Policy; Energy Subsidies (search for similar items in EconPapers)
Pages: 39
Date: 2020-08-19
New Economics Papers: this item is included in nep-ara, nep-ene and nep-env
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DOI: 10.30573/KS--2020-DP16

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