• Initiative -
  • Type KAPSARC journal article
  • Date 21 October 2020
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Abstract

The COVID-19 pandemic has affected economic sectors in a very heterogeneous way. In the early stages of the economic lockdown, only limited economic data, if any, related to the event were available. With the government’s discretionary measures to contain the infection, it became obvious that some sectors will suffer more than others. We have used this information within the input-output framework to calibrate demand shocks to individual sectors and to obtain early estimates of the impact on sectoral and overall GDP. Given the high level of uncertainty, we designed three scenarios, reflecting the severity of the shock, its sectoral distribution, and the time needed for recovery, and applied to the Saudi economy.

https://www.tandfonline.com/doi/full/10.1080/00036846.2020.1828809

Taylor & Francis Online

Authors

David Havrlant

David Havrlant

David was a research fellow who contributed a better understanding of the current and future economic environment of a changing… David was a research fellow who contributed a better understanding of the current and future economic environment of a changing region. He was mainly interested in the development of models for policy analysis and forecasting. At the same time, he was involved in projects related to the Vision 2030 program, focusing on the economic transformation and diversification of the Saudi economy. Prior to joining KAPSARC, David worked at the European Commission, European Central Bank, Moody's Analytics and the Czech National Bank. In these institutions, he participated in economic policy analysis, forecasting and research. He also served as a consultant to central banks in the CEE region, managing a variety of economic modeling projects. David led courses in econometrics and operations research during his Ph.D. studies.

Abdulelah Darandary

Research Associate Abdulelah is an economist and Research Associate at the King Abdullah Petroleum Studies and Research Center (KAPSARC). He primarily works… Abdulelah is an economist and Research Associate at the King Abdullah Petroleum Studies and Research Center (KAPSARC). He primarily works with econometric modeling, with a research focus on macroeconomics and energy, international trade and investment flows, financial development, and public policy. His work has been published in several peer-reviewed journals. During the Saudi G20 presidency, he was the Task Force coordinator, member, and co-author for the Trade, Investment, and Growth Taskforce for Think20 (T20). Before joining KAPSARC, Abdulelah was an economic consultant for a major consultancy firm, where he provided policy analyses, modeling, and forecasting for the impacts of public spending on social and economic indicators. Abdulelah holds a master’s degree in Applied Economics and a Bachelor of Banking and Financial Economics from the University of North Dakota.

Expertise

  • Macroeconomics
  • Economic Growth
  • International Trade and Investment
  • Financial Development
  • Energy Demand
  • Public Policy

Publications See all Abdulelah Darandary’s publications

Abdelrahman Muhsen

Senior Fellow Abdel is a geospatial leader, certified in GIS (GISP), with over 18 years of experience in GIS and spatial data… Abdel is a geospatial leader, certified in GIS (GISP), with over 18 years of experience in GIS and spatial data management. He has a proven track record of leading and delivering enterprise GIS projects for international corporations in North America and the Middle East. His work focuses on spatial economic modeling to better understand and forecast the interactions between economic activities, energy demand, land use, and transportation in urban areas. Before KAPSARC, Abdel worked for world-renowned, global companies, such as Accenture and ESRI, in North America and the Middle East. He served as a technical leader and a senior consultant, guiding clients in the energy sector on how to extract value out of geospatial data assets and GIS investments. Abdel holds an M.Sc. in geomatics engineering from the University of Calgary, Canada.

Expertise

  • GIS
  • Sustainability
  • Urban Analytics
  • Location Intelligence
  • Spatial Data Science
  • Earth Observation and Remote Sensing

Publications See all Abdelrahman Muhsen’s publications

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