000 04149nam a22006375i 4500
001 978-3-031-12275-0
003 DE-He213
005 20240508082117.0
007 cr nn 008mamaa
008 221221s2023 sz | s |||| 0|eng d
020 _a9783031122750
_9978-3-031-12275-0
024 7 _a10.1007/978-3-031-12275-0
_2doi
050 4 _aHB139-141
072 7 _aKCH
_2bicssc
072 7 _aBUS021000
_2bisacsh
072 7 _aKCH
_2thema
082 0 4 _a330.015195
_223
100 1 _aHasanov, Fakhri J.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
245 1 2 _aA Macroeconometric Model for Saudi Arabia
_h[electronic resource] :
_bA Case Study on the World’s Largest Oil Exporter /
_cby Fakhri J. Hasanov, Frederick L. Joutz, Jeyhun I. Mikayilov, Muhammad Javid.
250 _a1st ed. 2023.
264 1 _aCham :
_bSpringer International Publishing :
_bImprint: Springer,
_c2023.
300 _aXI, 169 p. 16 illus., 14 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aSpringerBriefs in Economics,
_x2191-5512
505 0 _a1. Executive Summary -- 2. Literature Review -- 3. Theoretical Framework and Stylized Facts -- 4. KGEMM Methodology -- 5. Database -- 6. A Brief History and Structure of KGEMM -- 7. KGEMM Behavioral Equations and Identities -- 8. KGEMM Simulations.
506 0 _aOpen Access
520 _aThis Open Access Brief presents the KAPSARC Global Energy Macroeconometric Model (KGEMM). KGEMM is a policy analysis tool for examining the impacts of domestic policy measures and global economic and energy shocks on the Kingdom of Saudi Arabia. The model has eight blocks (real sector, fiscal, monetary, external sector, price, labor and wages, energy, population, and age cohorts) that interact with each other to represent the Kingdom’s macroeconomy and energy linkages. It captures New Keynesian demand-side features anchored to medium-run equilibrium and long-run aggregate supply. It applies a cointegration and equilibrium correction modeling (ECM) methodology to time series data to estimate the model’s behavioral equations in the framework of Autometrics, a general-to-specific econometric modeling strategy. Hence, the model combines ‘theory-driven’ approach with ‘data-driven’ approach. The Brief begins with an introduction to the theoretical framework of the model and the KGEMM methodology and then walks the reader through the structure of the model and its behavioral equations. The book closes with simulations showing the application of the model. Providing a detailed introduction to a cutting-edge, robust predictive model, this Brief will be of great use to researchers and policymakers interested in macroeconomics, energy economics, econometrics, and more specifically, the economy of Saudi Arabia.
650 0 _aEconometrics.
650 0 _aMacroeconomics.
650 0 _aPower resources.
650 0 _aEnvironmental economics.
650 0 _aEnergy policy.
650 0 _aEnergy and state.
650 1 4 _aEconometrics.
650 2 4 _aMacroeconomics and Monetary Economics.
650 2 4 _aNatural Resource and Energy Economics.
650 2 4 _aResource and Environmental Economics.
650 2 4 _aEnergy Policy, Economics and Management.
700 1 _aJoutz, Frederick L.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
700 1 _aMikayilov, Jeyhun I.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
700 1 _aJavid, Muhammad.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
710 2 _aSpringerLink (Online service)
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9783031122743
776 0 8 _iPrinted edition:
_z9783031122767
830 0 _aSpringerBriefs in Economics,
_x2191-5512
856 4 0 _uhttps://doi.org/10.1007/978-3-031-12275-0
912 _aZDB-2-ECF
912 _aZDB-2-SXEF
912 _aZDB-2-SOB
999 _c37612
_d37612