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Potential Effects of Trade Liberalization on China’s Imports of Plastics From the GCC

Author

Listed:
  • Philipp Galkin
  • Carlo Andrea Bollino
  • Rami Shabaneh

    (King Abdullah Petroleum Studies and Research Center)

Abstract

Energy economists are interested in how a change in electricity prices prompts a response by way of end-user power demand. It is difficult to estimate price elasticities statistically if historical prices are low and change infrequently, especially in the short run. This paper extends a previous analysis by Matar (2018) that explored the merger of a residential building energy model and a utility maximization component by incorporating more demand-reducing measures within a utility-maximization framework for households. The framework is informed by the physical equations that govern how electricity is consumed.

Suggested Citation

  • Philipp Galkin & Carlo Andrea Bollino & Rami Shabaneh, 2018. "Potential Effects of Trade Liberalization on China’s Imports of Plastics From the GCC," Discussion Papers ks-2018-dp34, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks-2018-dp34
    DOI: 10.30573/KS--2018-DP34
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    File URL: https://www.kapsarc.org/research/publications/estimating-the-household-consumption-function-in-saudi-arabia/
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    Keywords

    Consumer Behavior; Consumer Energy Use; Domestic energy consumption; Electricity;
    All these keywords.

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