Durand-Lasserve, Olivier

30 November 2023

This paper presents possible net zero emissions (NZE) trajectories for Saudi Arabia at horizon 2060 and analyzes their possible economic consequences. We use an in-house hybrid forward-looking general equilibrium model of the Saudi economy. We construct a baseline scenario where the ...

04 July 2023

Revenues from oil and gas exports represent an important source of government budgets in some emerging countries. At the same time, these revenues fluctuate considerably due to changing global economic conditions and energy prices. Economic theory prescribes that governments should t...

15 March 2021

Gulf Cooperation Council (GCC) countries aim to employ more of their nationals in the private sector to absorb the inflow of new entrants into the labor force. They have put in place workforce nationalization policies to revert two peculiar features of their labor markets: the prefer...

19 August 2020

This paper simulates the sectoral and economy-wide consequences of deregulating energy prices in Saudi Arabia. Our analysis is based on KAPSARC’s general equilibrium energy model (KEMGE), a new hybrid computable general equilibrium model (CGE). The model examines the effects of full ...

12 September 2023

07 January 2023

12 June 2022

17 October 2021

The choice of a modeling approach is driven by the oil policy or market question that needs to be addressed. We provide the non-modeling community with insightful information on oil market models, shedding light on the economic interpretation of technical aspects (such ...    

16 July 2025

This paper presents possible Net Zero Emissions (NZE) trajectories for Saudi Arabia at horizon 2060. It factors-in contrasted international oil price scenarios and their influence on the country’s economic performance during the net zero transition. We use a hybrid forward-looking gen...

25 April 2021

Since the Great Recession of 2008, oil-exporting countries have had to adjust their fiscal policies to respond to larger oil price variations and increased unpredictability. This commentary provides insights into the relationship between oil prices and fiscal policies in emerging and...

17 September 2020

and BC mitigation, the two major short-lived climate forcers. Central estimates of temperature reductions in 2040 from an idealized scenario focused on reductions in methane and black carbon emissions ranged from 0.18–0.26 °C across the nine participating models. Reductions in metha...

08 February 2020

This paper assesses the potential role of the implementation of the best available technologies to reduce the economic consequences of outdoor air pollution in the coming decades. The paper focuses on market impacts related with additional health expenditures, changes in labour produ...

17 June 2019

Several studies have shown that the greenhouse gas reduction resulting from the current nationally determined contributions (NDCs) will not be enough to meet the overall targets of the Paris Climate Agreement. It has been suggested that more ambition mitigations of short-lived climat...

24 May 2019

) emissions in deep mitigation scenarios generated by integrated assessment models...₄ emission reduction strategies, as well as resulting climate impacts. The models’ projected reduction potentials are compared to sector and technology-specific reduction potentials found in literature.

07 December 2018

Russia is a federation of more than 80 regions spanning across a huge territory. Natural resource endowment, inherited industrial specialization, remoteness and climate conditions contribute to large regional disparities. This paper presents an empirical framework model for assessing...

27 March 2015

This report develops an analytical framework that assesses the macroeconomic, environmental and distributional consequences of energy subsidy reforms. The framework is applied to the case of Indon... Authors: Olivier Durand-Lasservei, Lorenza Campagnoloii, Jean Chateaui and Rob Dellinki

02 February 2014

This paper presents a version of a hybrid (top-down bottom-up), multi-region multi-period forward looking applied general equilibrium model, MERGE, that includes a capacity expansion submodel of the... Authors: Gauthier de Maere d’Aertrycke, Olivier Durand-Lasserve, Marco Schudel 

02 December 2012

In a Computable General Equilibrium (CGE) setting, we show how the cost of a carbon policy for an open economy depends on the assumptions made about future exogenous structural changes. For dynamic CGE models, we propose ... Authors: Olivier Durant-Lasserve, Axel Pierru and Yves Smeers 

02 September 2010

The persistent uncertainty about mid-century CO2 emissions targets is likely to affect not only the technological choices that energy-producing firms will make in the future but also their current investment decisions. We i... Authors: Oliver Durand-Lasserve, Axel Pierru and Yves Smeers

24 February 2025

Saudi Arabia has engaged in a deep transformation of its hydrocarbon-based domestic energy system. The shift is in line with the country’s Nationally Determined Contribution commitment to reduce emissions by 278 million tons below a baseline by 2030, and ...   Read full report here