Alyamani, Ryan

  • Primary Program Energy Macro & Microeconomics
  • Research Interests Economics,Energy economics, Environmental sustainability, Economic and energy modeling and Public policy

Biography

Ryan Alyamani is a Fellow in the Energy Macro and Microeconomics program, specializing in economics, energy, and sustainability. His focus is on developing economic and energy models for policy analysis. Additionally, Ryan has published a series of research papers in reputable, peer-reviewed journals.

Ryan holds a master’s degree in Economics and Policy of Energy and the Environment from University College London (UCL), UK, and a bachelor’s degree in Mechanical Engineering from Mercer University, USA.

Publications

See all Ryan’s publications
  • Discussion papers
  • Data Insights
  • Instant Insights
  • Commentaries
  • KAPSARC journal articles
  • Think20 (T20)
The Role of Financial Development in Private Sector Growth in Saudi Arabia

The Role of Financial Development in Private Sector Growth in Saudi Arabia

Saudi Vision 2030 (SV2030), the masterplan for the socioeconomic development of the Kingdom, places considerable emphasis on the development of the private sector in the diversification of the economy. This plan aims to have the private sector account for 65% of the total GDP of the Kingdom by 2030. As part of SV2030, the Financial Sector Development Program (FSDP), a program for the realization of targets and initiatives, was launched, aiming to enable and support financial institutions to promote the development of the private sector. Against this backdrop, we investigate the role of financial development (FD) in personal economic growth. We conduct a multivariate cointegration analysis using data from almost half a century in the extended production function framework.

11th December 2023
Modeling the Determinants of Electric Vehicle Adoption: A Saudi Perspective

Modeling the Determinants of Electric Vehicle Adoption: A Saudi Perspective

This study aims to contribute to the literature by shedding light on consumers’ acceptance of electric vehicles (EVs) in Riyadh and their potential response to adoption incentives. A stated preference experiment (SPE) was developed and then incorporated into an online stated preference survey targeting adult residents of Riyadh to collect 703 responses. Accordingly, a mixed logit model was constructed, complemented by other survey insights to derive the final findings of this paper.

23rd October 2023
Macroeconomic and Sectoral Effects of the Natural Gas Price: Policy Insights from a Macroeconometric Model

Macroeconomic and Sectoral Effects of the Natural Gas Price: Policy Insights from a Macroeconometric Model

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.

10th May 2023
Modeling and Forecasting Industrial Electricity Demand for Saudi Arabia: Uncovering Regional Characteristics

Modeling and Forecasting Industrial Electricity Demand for Saudi Arabia: Uncovering Regional Characteristics

The objective of this study is to investigate Saudi Arabia’s industrial electricity consumption at the regional level. We apply structural time series modeling to annual data over the period of 1990 to 2019. In addition to estimating the size and significance of the price and income elasticities for regional industrial electricity demand, this study projects regional industrial electricity demand up to 2030. This is done using estimated equations and assuming different future values for price and income. The results show that the long-run income and price elasticities of industrial electricity demand vary across regions. The underlying energy demand trend analysis indicates some efficiency improvements in industrial electricity consumption patterns in all regions.

13th January 2022
Regional Heterogeneous Drivers of Electricity Demand in Saudi Arabia

Regional Heterogeneous Drivers of Electricity Demand in Saudi Arabia

Aggregate residential electricity consumption in Saudi Arabia has increased rapidly over the past several decades, largely due to population increases and fast economic growth (SAMA 2019). The growth in electricity consumption has been driven, among other factors, by government-administered prices fixed in nominal terms for years with minor adjustments.

13th September 2020
The Impact of Fiscal Policy on Non-Oil GDP in Saudi Arabia

The Impact of Fiscal Policy on Non-Oil GDP in Saudi Arabia

A clear objective of Saudi Vision 2030, the strategic roadmap for the future of the Kingdom of Saudi Arabia, is to put the non-oil sector at the heart of the country’s economic development. The vision realization programs (VRPs), such as the National Transformation Program and Fiscal Balance Program (FBP), have established initiatives and targets to help develop the non-oil sector. It is important, then, to explore the role fiscal policy can play in developing the country’s non-oil sector.  

19th July 2020
Per Capita Regional Electricity Consumption in the Saudi Housing Sector

Per Capita Regional Electricity Consumption in the Saudi Housing Sector

Aggregate residential electricity consumption data for Saudi Arabia conceals regional disparities. Although electricity prices are unified across the country, electricity consumption patterns can be driven by regional factors such as wealth, population size, and weather conditions, among others.

7th September 2020
Saudi Arabia’s Residential Solar Energy Use and Prospects

Saudi Arabia’s Residential Solar Energy Use and Prospects

In an effort to diversify the energy mix of Saudi Arabia’s residential sector, the Electricity and Cogeneration Regularity Authority introduced regulations in August 2017, allowing households to use solar energy to generate their own electricity.

13th February 2020
The Fiscal Response to COVID-19 in Saudi Arabia

The Fiscal Response to COVID-19 in Saudi Arabia

The COVID-19 pandemic and the efforts to combat it have led to major global disruptions. Policymakers are faced with a dilemma that is not easily resolved. On the one hand, they are striving to protect public health by containing the spread of the virus. On the other, they must ensure the continuation of economic activities to mitigate the economic impact of the outbreak.

26th July 2020
Locating EV Charging Stations to Enable Intercity Travel in Saudi Arabia

Locating EV Charging Stations to Enable Intercity Travel in Saudi Arabia

The development of electric vehicle (EV) infrastructure presents a promising pathway to reduce transportation emissions, particularly when integrated with low-carbon energy systems. Given Saudi Arabia’s commitment to sustainable travel initiatives, a clear understanding of the  charging infrastructure required for facilitating long-distance EV travel is crucial for informed decision-making.

3rd December 2024
The Surge in Riyadh’s Population: Electricity Demand Implications

The Surge in Riyadh’s Population: Electricity Demand Implications

The city of Riyadh, the capital and most populous city of the Kingdom of Saudi Arabia, is undergoing a makeover to become a global metropolis. Saudi Vision 2030 announced a wide range of projects in the city, placing it on an accelerated sustainable development path toward becoming a world-leading city economy. 

20th September 2023
The Impact of Fiscal Policy on Non-Oil GDP in Saudi Arabia

The Impact of Fiscal Policy on Non-Oil GDP in Saudi Arabia

Saudi Vision 2030 (SV2030), the strategic roadmap for the future of the Kingdom of Saudi Arabia, aims to decouple the country’s economy from its reliance on oil revenues through implementing several economic and social initiatives. The key economic goals of SV2030 announced in 2016 include increasing the private sector’s contribution to gross domestic product (GDP) from 40% to 65%, raising the share of non-oil exports in non-oil GDP from 16% to 50%, and reducing the unemployment rate from 11.6% to 7% by 2030. It also aims to maximize local content by localizing more than US$70 billion of content, make economic agents more efficient and increase government revenues by removing domestic energy subsidies and introducing other non-oil revenue items, enabling further government investment. Developing the Kingdom’s non-oil sector would help it to meet these targets. Fiscal policy could also play a major role, given that Saudi monetary policy originated from the fixed exchange rate regime (pegging the Saudi riyal [SAR] to the US$). 

16th January 2020

Subscribe to our newsletter

Stay informed, inspired, and connected with KAPSARC.

Subscribe