Abstract

“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, private consumption, investment, and exports minus its imports. The components of GDP are deflated using a base year to control for inflation (or deflation) over time. While this adjustment effectively controls for changing prices, it may not properly reflect the purchasing power availed or taken away by volatile oil prices for oil-dependent economies.”

 

 

Authors

Anwar Gasim

Research Fellow Anwar is an energy and environmental economist with a strong engineering background. He leads a cross-functional team on the project… Anwar is an energy and environmental economist with a strong engineering background. He leads a cross-functional team on the project titled “Modeling Energy Demand, Emissions, and the Impacts of Energy Price Reform.” This project includes studies on elasticities, emissions forecasting, the economic and environmental impacts of reforms, and understanding what leads to successful energy policy outcomes. He is also involved in multiple studies on carbon markets. Anwar’s research has been published in leading journals and has been picked up by numerous media publications, such as the Saudi Gazette and Arab News. His work has supported key advisory engagements with the Saudi energy sector. Anwar is currently wrapping up a Ph.D. from UCL in Sustainable Resources (with a sub-specialization in Economics). He holds an M.Sc. in Electrical Engineering from KAUST and a B.Eng. in the same field from the University of Liverpool.

Expertise

  • Energy Demand
  • GHG Emissions
  • Energy Pricing
  • Energy Subsidies
  • Energy Efficiency
  • Carbon Pricing and Carbon Markets

Publications See all Anwar Gasim’s publications

Walid Matar

Research Fellow Walid works on modeling energy systems. He is developing or has developed the following components of the KAPSARC Energy Model… Walid works on modeling energy systems. He is developing or has developed the following components of the KAPSARC Energy Model (KEM): electric power generation, oil refining, petrochemicals and fertilizers, cement production, and iron and steel. He is also working on a bottom-up residential electricity use framework that merges microeconomics with the physical laws governing electricity use.

Expertise

  • Energy Systems Modeling
  • Optimization
  • Electricity Prices
  • Energy Efficiency and the Interdisciplinary Connection Between Energy Economics and Engineering

Publications See all Walid Matar’s publications

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