期刊全称 | A Macroeconometric Model for Saudi Arabia | 期刊简称 | A Case Study on the | 影响因子2023 | Fakhri J. Hasanov,Frederick L. Joutz,Muhammad Javi | 视频video | | 发行地址 | Open Access Brief.Introduces the KAPSARC Global Energy Macroeconometric Model for Saudi Arabia.Combines cutting-edge econometric methods, a well-established theoretical foundation, and empirical coher | 学科分类 | SpringerBriefs in Economics | 图书封面 |  | 影响因子 | .This 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 introductio | Pindex | Book‘‘‘‘‘‘‘‘ 2023 |
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