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Gasoline Demand, Pricing Policy and Social Welfare in Saudi Arabia

Author

Listed:
  • Tarek N. Atalla
  • Lester C. Hunt
  • Anwar Gasim

    (King Abdullah Petroleum Studies and Research Center)

Abstract

In the face of low international oil prices, countries in the Gulf Cooperation Council recently implemented fuel price reform across a number of sectors. Saudi Arabia, for example, announced in December 2015 an increase in the gasoline price. We undertook a welfare analysis in this paper to estimate the net gain in social welfare that resulted from this price increase.

Suggested Citation

  • Tarek N. Atalla & Lester C. Hunt & Anwar Gasim, 2017. "Gasoline Demand, Pricing Policy and Social Welfare in Saudi Arabia," Discussion Papers ks-2017--dp04, King Abdullah Petroleum Studies and Research Center.
    • Handle: RePEc:prc:dpaper:ks-2017--dp04
    as

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    File URL: https://www.kapsarc.org/research/publications/gasoline-demand-pricing-policy-and-social-welfare-in-saudi-arabia/
    File Function: First version, 2017
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