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 joined KAPSARC in 2012 and is a Research Fellow. His research primarily focuses on energy demand, energy prices and… Anwar joined KAPSARC in 2012 and is a Research Fellow. His research primarily focuses on energy demand, energy prices and energy efficiency. He leads the project Modeling Final Energy Demand and the Impacts of Energy Price Reform. Anwar has also led research on energy productivity and embodied energy in international trade. He has published journal articles in leading energy economics journals and has played a key role in multiple research strategy development initiatives at the center. Anwar holds a B.Eng. in Electronic and Communication Engineering from the University of Liverpool and an M.Sc. in Electrical Engineering from KAUST.

Expertise

  • Energy Demand
  • Energy Efficiency
  • The Rebound Effect
  • Energy Subsidies and Welfare
  • Energy and Environmental Economics and Energy Price Reform

Publications See all Anwar Gasim’s publications

Walid Matar

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

Expertise

  • Modeling energy systems
  • Electricity Prices
  • Energy Efficiency and The Interdisciplinary Connection Between Energy Economics and Engineering

Publications See all Walid Matar’s publications

Share

Stay informed

I'm interested in

Select the updates you'd like to receive from us

About

A bit about you