Gasoline Demand, Pricing Policy and Social Welfare in Saudi Arabia

Tarek N. Atalla, Lester Hunt and Anwar Gasim ()

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: In the face of low international oil prices, countries in the Gulf Cooperation Council recently implemented fuel price reform across a number of sectors. Saudi Arabia, for example, announced in December 2015 an increase in the gasoline price. We undertook a welfare analysis in this paper to estimate the net gain in social welfare that resulted from this price increase.

Keywords: Economic Modeling; Fuel Price Reform; Gasoline Demand; Greenhouse Gas Emissions (GHG); Gulf Cooperation Council (GCC); Oil Price; Price Elasticity; Transportation; Welfare Analysis (search for similar items in EconPapers)
Pages: 28
Date: 2017-03-12
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https://www.kapsarc.org/research/publications/gaso ... are-in-saudi-arabia/ First version, 2017 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks-2017--dp04

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