Publications

Modeling the Distribution and Transshipment of Refined Oil Products

Walid Matar

KAPSARC has developed an optimization model to characterize the distribution of oil products after the refining stage. The model ensures that the demand for any group of refined oil products is simultaneously met while minimizing the social costs associated with…

Matar, Walid

Real Gross Domestic Income for Saudi Arabia From 1986 to 2021

Walid Matar

A country’s national income is defined as the total market value of its output. The most used measure for national income is gross domestic product (GDP). One way to estimate GDP for a country is to sum its government consumption,…

Matar, Walid

Alternative Fuels for Saudi Cement Manufacturing with Time-varying Carbon Pricing

Walid Matar, Doaa Filali

After cement production in Saudi Arabia surged in the first half of the 2010s due to the country’s rapid economic development, it has slowed measurably in recent years as economic growth has declined. This is shown in Figure 1, along…

Matar, Walid

Doaa Filali

How Can Governments, Oil and Gas Enterprises, and Research Institutions Collaborate to End Routine Gas Flaring?

Natural gas is a feedstock for the petrochemical industry and a fuel of choice in the power sector to help transition toward clean, sustainable, and affordable energy. As vital as gas is for electricity generation, the petrochemical industry, and the…

Resilience of Saudi Arabia’s Economy to Oil Shocks: Effects of Economic Reforms

Hossa Almutairi, Marzio Galeotti, Baltasar Manzano, Axel Pierru

We assess the extent to which the implementation of Saudi Vision 2030 policies enhances the Saudi economy’s resilience to oil price and production shocks, and to the productivity of tradable and non-tradable goods. We extend Blazquez et al.’s (2021) dynamic…

Almutairi, Hossa

Galeotti, Marzio

Manzano, Baltasar

Pierru, Axel

Moving Saudi Arabia’s Role in the Global Methane Pledge Forward

Rami Shabaneh, Bertrand Rioux, Fahad Bin Haji

In our previous Instant Insight, The Global Methane Pledge: What It Means for the Oil and Gas Industry Post-COP26, we shed light on the increased momentum behind the issue of methane emissions and how it is taking center stage in…

Shabaneh, Rami

Rioux, Bertrand

Fahad Bin Haji

The Opportunity Cost of Domestic Oil Consumption for an Oil Exporter: Illustration for Saudi Arabia

Fatih Karanfil, Axel Pierru

When appraising investment projects from a public perspective, a barrel of oil displaced from or added to domestic consumption has to be valued at its opportunity cost. This paper develops a partial-equilibrium framework to assess the opportunity cost of domestic…

Karanfil, Fatih

Pierru, Axel

Estimating the Household Consumption Function in Saudi Arabia

Goblan Al Gahtani, Carlo Andrea Bollino, Simona Bigerna, Axel Pierru

This research is part of a joint project between the Saudi Arabian Monetary Authority (SAMA) and the King Abdullah Petroleum Studies and Research Center (KAPSARC). This paper estimates a micro-based life cycle consumption model for Saudi Arabia over the period…

Goblan Al Gahtani

Bollino, Carlo Andrea

Bigerna, Simona

Pierru, Axel

The Value of Saving Oil in Saudi Arabia

Jorge Blazquez, Baltasar Manzano, Axel Pierru

What is the value of saving a barrel of oil that would otherwise had been consumed domestically? This study explores the question, taking a long-run perspective into a general equilibrium approach. In the case of Saudi Arabia, the difference between…

Blazquez, Jorge

Manzano, Baltasar

Pierru, Axel

Managing Oil Revenue Stabilization Funds: A Framework for Developing Policies

Nader AlKathiri, Frederic Murphy, Axel Pierru

Oil revenue stabilization funds provide short-run protection against oil revenue fluctuations – in the way that Saudi government deposits and reserve at the Saudi Arabian Monetary Authority (SAMA) have historically served as a buffer to decouple government budget from oil…

AlKathiri, Nader

Murphy, Frederic

Pierru, Axel

Multidimensional Bargaining Using KTAB

Brian Efird, Imtenan Al-Mubarak, Lama Yaseen

This paper (Multidimensional KTAB) is a technical discussion paper designed as a follow on to An Introduction to the KAPSARC Toolkit for Behavioral Analysis using one-dimensional spatial models (Unidimensional KTAB). It extends the original framework of KTAB to explain the…

Efird, Brian

Al-Mubarak, Imtenan

Yaseen, Lama