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Evaluating hypothetical carbon pricing for Saudi Arabia using a macroeconometric modeling framework

Author

Listed:
  • Hasanov, Fakhri J.
  • Aliyeva, Heyran
  • Almozaini, Majed S.
  • Bollino, Carlo Andrea

Abstract

Carbon pricing is increasingly recognized as a key policy tool for reducing CO2 emissions. This study assesses the potential impact of hypothetical carbon pricing in Saudi Arabia using the KAPSARC Global Energy Macroeconometric Model (KGEMM), which integrates environmental and energy representations into a macroeconomic framework.

Suggested Citation

  • Hasanov, Fakhri J. & Aliyeva, Heyran & Almozaini, Majed S. & Bollino, Carlo Andrea, 2025. "Evaluating hypothetical carbon pricing for Saudi Arabia using a macroeconometric modeling framework," Energy Economics, Elsevier, vol. 145(C).
    • Handle: RePEc:eee:eneeco:v:145:y:2025:i:c:s0140988325002610
    DOI: 10.1016/j.eneco.2025.108437
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    Keywords

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    JEL classification:

    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H27 - Public Economics - - Taxation, Subsidies, and Revenue - - - Other Sources of Revenue
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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