The Role of Petrochemical Sector Exports in the Diversification of the Saudi Economy: A Scenario Analysis of Foreign and Domestic Price Shocks

Senior Principal- Energy Macro & Microeconomics Fakhri Hasanov is a senior principal and leads the KAPSARC Global Energy Macroeconometric Model projects with 20+ years of experience…

Fakhri Hasanov is a senior principal and leads the KAPSARC Global Energy Macroeconometric Model projects with 20+ years of experience in econometric modeling and forecasting. Since 2015, he has been involved in multistakeholder projects, leading and executing macroeconomic analysis of various policy choices and initiatives (e.g., energy prices, energy demand, and fiscal reforms) for the Kingdom’s economy. He has extensive experience working with policymakers. Prior to KAPSARC, he was a post-doc at George Washington University.

His research mainly covers macro-econometric modeling for energy and environmental economics policy analyses. Dr. Hasanov has authored 50+ applied studies published in reputable journals such as Energy Policy, Energy Economics, Empirical Economics, and Energy Strategy Review. His research is recognized internationally (e.g., he is listed among the top 2% of scientists globally by Elsevier). Fakhri is an editorial board member of various peer-reviewed journals, such as Frontiers in Environmental Science. He holds a Ph.D. in econometrics.

Expertise

• Econometric modeling and forecasting
• Time series and panel data econometrics
• Macroeconometric models for policy analyses
• Energy economics
• Environmental economics.

Senior Fellow- Energy Macro & Microeconomics Muhammad Javid is a Senior Fellow in Energy Macro & Microeconomics at KAPSARC, currently working on the KAPSARC Global Energy…

Muhammad Javid is a Senior Fellow in Energy Macro & Microeconomics at KAPSARC, currently working on the KAPSARC Global Energy Macroeconometric Model (KGEMM) project. Before joining KAPSARC, Muhammad worked as a Senior Research Economist at the Pakistan Institute of Development Economics (PIDE) in Islamabad. During his 20+ years in research, Muhammad has worked extensively in the areas of energy, environment, econometric modeling, forecasting, and macroeconomics. He also has experience working for various research, academic, and governmental organizations, such as King Saud University in Riyadh, Saudi Arabia, and the Benazir Income Support Program in Pakistan. Muhammad has published several peer-reviewed articles on electricity demand, energy, inflation, and environmental issues. He received Pakistan’s Higher Education Commission’s Outstanding Research Award 2015/2016 for his research paper, “Environmental Kuznets curve and financial development in Pakistan,” published in Renewable and Sustainable Energy Reviews.

Expertise

• Econometric Modeling and Forecasting
• Energy and Environment
• Water Demand

Fellow- Energy Macro & Microeconomics Heyran Aliyeva is a Fellow at KAPSARC and part of the KAPSARC Global Energy Macroeconometric Model (KGEMM) project, and she…

Heyran Aliyeva is a Fellow at KAPSARC and part of the KAPSARC Global Energy Macroeconometric Model (KGEMM) project, and she has 20 years of experience in economic modeling and forecasting. Before this project, she was involved in the Saudi Circular Carbon Economy National Program.

Prior to joining KAPSARC, she conducted evidence-based analysis at the crossroads of monetary and fiscal policies to inform the decision-making process at the Central Bank of Azerbaijan as a Senior Economist. She has also served as a Lecturer at various universities in Azerbaijan and as a Researcher at the Azerbaijan National Academy of Science.

Her research interests cover macroeconomics, econometric modeling and forecasting, fuzzy logic applications, energy economics, and environmental economics. She holds a Ph.D. in Econometrics.

Expertise

• Economic Modeling and Forecasting
• Time Series Econometrics
• Macroeconomic Models for Policy Analyses
• Energy Economics
• Environmental Economics
• Fuzzy Logic Applications