Research InterestsMacroeconomics, Economic Growth, International Trade and Investment, Financial Development, Energy Demand and Public Policy, Econometrics
Abdulelah is an economist and senior research associate at KAPSARC. He leads the application of behavioral economics to energy policymaking in Saudi Arabia. Abdulelah primarily works with econometric modeling. His research focuses on macroeconomics and energy, counterfactual analysis, 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 Think20 (T20) Task Force Coordinator, and a member and co-author of the Trade, Investment, and Growth Taskforce. 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 Economics from the University of North Dakota.
Evaluating the potential outcomes of energy price reforms is essential for policymakers to assess their effectiveness. In 2016 and 2018, the Saudi government enacted two waves of energy price reforms to curb historically fast-growing electricity demand. We quantify the effects of these measures on regional fuel consumption and carbon emissions.
The objective of this study is to investigate Saudi Arabia’s industrial electricity consumption at the regional level. We apply structural time series modeling to annual data over the period of 1990 to 2019. In addition to estimating the size and significance of the price and income elasticities for regional industrial electricity demand, this study projects regional industrial electricity demand up to 2030. This is done using estimated equations and assuming different future values for price and income. The results show that the long-run income and price elasticities of industrial electricity demand vary across regions. The underlying energy demand trend analysis indicates some efficiency improvements in industrial electricity consumption patterns in all regions.
The last decade has brought a row of substantial changes that have profound implications for the hydrocarbon resource-rich economies. The general answer to a changing environment is: Adapt! From the macroeconomic perspective, this means diversifying the economy to broaden the income base and reduce the dependence on oil revenues. This discussion paper examines the preferred diversification paths for the Saudi economy, with a focus on the foreseen adjustments in the sectoral composition along with broader macroeconomic shifts. The evaluation of the expected diversification impacts is based on the updated Vision 2030 Input-Output Table that maps the changing economic structure over the coming decade. The advances in economic diversification are measured by applying the Shannon-Weaver index to sectoral GDP and household income. We also conduct a sensitivity analysis to examine the effects of the foreseen diversification on the resilience of the Saudi economy to external shocks.
Aggregate residential electricity consumption in Saudi Arabia has increased rapidly over the past several decades, largely due to population increases and fast economic growth (SAMA 2019). The growth in electricity consumption has been driven, among other factors, by government-administered prices fixed in nominal terms for years with minor adjustments.
Diversification is important because it is associated with economic growth and reduced volatility. Export diversification is especially important for developing countries as a source of foreign exchange and imported know-how. We examine how export diversification is affected by trade policies, including multilateral rules, regional trade agreements, and national measures.
It has been two years since the beginning of COVID-19, a one-of-a-kind crisis in recent history. The global economy was disrupted entirely in a few months and most economies faced shutdowns. While many disruptions can be explained, especially the economic disruptions, parts of the puzzle remain unanswered. In this instant insight, we examine the exceptional behavioral shift and trend break in remittance outflows from Saudi Arabia, which ranks in the top-five countries for remittance outflows globally.
Saudi Arabia is moving ahead with its diversification plan, Saudi Vision 2030, by adopting hydrogen. The Kingdom is keen to enable the circular carbon economy (CCE) by producing and utilizing clean hydrogen. On September 27, Saudi Aramco announced its first shipment of hydrogen from Saudi Arabia to Japan. The 40 tonnes of high-grade blue ammonia shipment, which is meant for use in zero-carbon power generation, marks the first of its kind worldwide (Ratcliffe 2020).
The COVID-19 pandemic and the efforts to combat it have led to major global disruptions. Policymakers are faced with a dilemma that is not easily resolved. On the one hand, they are striving to protect public health by containing the spread of the virus. On the other, they must ensure the continuation of economic activities to mitigate the economic impact of the outbreak.
The COVID-19 pandemic has interrupted economic and social activity globally at an unprecedented pace. The international movement of goods has been limited to the necessary minimum, often solely for deliveries of protective and healthcare equipment. Many governments have imposed strict international travel bans to limit the risk of importing the virus, or at least to sharply reduce the inflow of infected persons.
In the last few months, the world has experienced the negative effects of COVID-19. The outbreak, which started as an epidemic concentrated in China, quickly spread to become a global pandemic. As of May 12, 2020, there have been over four million COVID-19 cases globally, and this number continues to increase.
The government of Saudi Arabia has successfully reduced the country’s energy intensity, helped by its establishment of the Saudi Energy Efficiency Center (SEEC) and a series of energy price reforms (EPR) that began in 2016. However, how households have responded to the EPR is an important matter that warrants serious consideration.
Electricity price reforms are generally regarded as a mechanism to reduce distortions in energy markets, improve energy efficiency, and increase government revenue. However, an additional co-benefit of such policy measures is lowering greenhouse gas (GHG) emissions.
Collaboration with: International Energy Forum (IEF) As a response to recommendations from the “Energy open data ecosystem, policy scenario models & tools” workshop series organised by KAPSARC since 2018, IEF and KAPSARC have jointly examined KAPSARC data and modeling resources to improve energy balance compilation with Saudi Arabia as a case study. The project successfully […]
Machine readable energy, economics and climate data is feedstock for energy economic models and research to derive policy insights. As value of data is increasing significantly, data flow and model management tools need further advancement. In this workshop we will discuss how to advance best practices of data, energy economics models management and importance of […]