Do Rising and Falling Oil Prices Affect Non-Oil Trade Balance Equally? Evidence from OPEC Countries Fakhri Hasanov, Majed Almozaini This study investigates the effects of oil price changes on the non-oil trade balance in four major OPEC economies – the Kingdom of Saudi Arabia (KSA), Kuwait, Nigeria, and Venezuela – over the period 1982-2022. While oil revenues are a… Hasanov, Fakhri Almozaini, Majed
Improving Predictive Ability of Macroeconometric Models Using Coefficient Averaging Peter Pedroni, Fakhri Hasanov KGEMM (KAPSARC Global Energy Macroeconometric Model) is a policy analysis tool that was designed to evaluate the impact of domestic policy decisions and global shocks on economic-energy-environmental indicators in Saudi Arabia. It also provides projections for energy-environmental-economic interactions at both… Peter Pedroni Hasanov, Fakhri
Evaluating Hypothetical Carbon Pricing for Saudi Arabia Using a Macroeconometric Modeling Framework Science Direct Fakhri Hasanov, Heyran Aliyeva, Majed Almozaini, Carlo Andrea Bollino
The Role of the Petrochemical Sector’s Exports in the Diversification of the Saudi Economy. A Scenario Analysis of the Foreign and Domestic Price Shocks IAEE Fakhri Hasanov, Muhammad Javid, Heyran Aliyeva
Macroeconomic and Sectoral Effects of Natural Gas Price: Policy Insights from a Macroeconometric Model Science Direct Fakhri Hasanov, Muhammad Javid, Jeyhun Mikayilov, Rami Shabaneh, Abdulelah Darandary, Ryan Alyamani
Emissions Effect of Financial Development in the GCC: is The Effect Asymmetric? Springer Link Fakhri Hasanov
Understanding the Role of Renewable Energy in Import Demand for Petrochemicals Is the Prevailing Perception More Imagined Than Real? Fakhri Hasanov, Evar Umeozor, Samar Mohamed The prevailing perception is that the transition to renewable energy will lead to a decrease in demand for hydrocarbons and petrochemicals. The present work empirically demonstrates that this common sense may be more imaginary than real: it finds evidence that… Hasanov, Fakhri Umeozor, Evar Samar Mohamed
The Role of Renewable Energy and Total Factor Productivity in Reducing Carbon Emissions: A Case of Top-ranked Nations in the Renewable Energy Country Attractiveness Index Science Direct Fakhri Hasanov
Macroeconomic, Energy, and Emission Effects of Solar PV Deployment at Utility and Distributed Scales in Saudi Arabia Science Direct Amro Elshurafa, Fakhri Hasanov, Lester C. Hunt
Models, Data and Tools The Asymmetric Effects of Oil Prices on the Nonoil Trade Balance: The Case of Saudi Arabia Majed Almozaini, Fakhri Hasanov Oil prices play a pivotal role in the economies of oil-exporting countries, especially those in the Organization of Petroleum Exporting Countries (OPEC). Almozaini, Majed Hasanov, Fakhri
Models, Data and Tools Extended KGEMM’s Emission Block With Carbon Pricing Fakhri Hasanov, Heyran Aliyeva, Majed Almozaini, Carlo Andrea Bollino This methodological work develops a representation of carbon pricing through the KAPSARC Global Energy Macroeconometric Model (KGEMM). This representation makes two principal contributions in terms of model capabilities: establishing a feedback link from the emissions block to the energy block… Hasanov, Fakhri Heyran Aliyeva Almozaini, Majed Bollino, Carlo Andrea
Models, Data and Tools The Role of Financial Development in Private Sector Growth in Saudi Arabia Fakhri Hasanov, Abdulelah Darandary, Ryan Alyamani 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%… Hasanov, Fakhri Darandary, Abdulelah Alyamani, Ryan
Are the Income and Price Elasticities of Economy-wide Electricity Demand in Middle-income Countries Time-varying? Evidence From Panels and Individual Countries Springer Link Fakhri Hasanov, Brantley Liddle
Models, Data and Tools The Role of Petrochemical Sector Exports in the Diversification of the Saudi Economy: A Scenario Analysis of Foreign and Domestic Price Shocks Fakhri Hasanov, Muhammad Javid, Heyran Aliyeva Diversification of the economy, including exports, is a core goal of Saudi Vision 2030 (SV2030). The petrochemical sector can considerably contribute to the Kingdom’s diversification strategy, as it holds a substantial share in non-oil exports. First, this study econometrically estimated… Hasanov, Fakhri Javid, Muhammad Heyran Aliyeva
Modeling and forecasting industrial electricity demand for Saudi Arabia: Uncovering regional characteristics Science Direct Jeyhun Mikayilov, Ryan Alyamani, Abdulelah Darandary, Muhammad Javid, Fakhri Hasanov
Models, Data and Tools Macroeconomic, Energy and Emission Effects of Solar PV Deployment at Utility and Distributed Scales in Saudi Arabia Amro Elshurafa, Fakhri Hasanov, Lester C. Hunt This study assesses the macroeconomic, energy and emissions impacts of solar photovoltaic (PV) deployment in the Kingdom of Saudi Arabia for the period 2021–2030. This is accomplished by linking an energy and environmental sector augmented macroeconometric model with a power… Elshurafa, Amro Hasanov, Fakhri Hunt, Lester C.
Determinants of Remittance Outflows: The Case of Saudi Arabia Wiley Online Library Fakhri Hasanov, Muhammad Javid
Oil and Non-Oil Determinants of Saudi Arabia’s International Competitiveness: Historical Analysis and Policy Simulations MDPI Fakhri Hasanov, Noha A. Razek
Models, Data and Tools Determinants of Saudi Arabia’s International Competitiveness: Historical Analysis and Policy Simulations Noha A. Razek, Fakhri Hasanov Saudi Vision 2030 aims to improve Saudi Arabia’s ranking on the Global Competitiveness Index from 25 in 2015–2016 to within the top 10 by 2030. It also strives to increase the share of non-oil exports in non-oil GDP from 16%… A. Razek, Noha Hasanov, Fakhri
Models, Data and Tools Macroeconomic and Sectoral Effects of the Natural Gas Price: Policy Insights from a Macroeconometric Model Fakhri Hasanov, Muhammad Javid, Jeyhun Mikayilov, Rami Shabaneh, Abdulelah Darandary, Ryan Alyamani 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… Hasanov, Fakhri Javid, Muhammad Mikayilov, Jeyhun Shabaneh, Rami Darandary, Abdulelah Alyamani, Ryan
