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 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