Atalla, Tarek

28 April 2020

We develop an analytical approach that offers insights into how governments can better manage an oil-revenue stabilization fund. The model maximizes the expected intertemporal utility of households and consists of decisions that are a function of the fund level and oil revenue. We ap...

29 November 2018

China is a major energy import powerhouse, its trade deals have significant impact on international energy trade and global energy markets. The purpose of this paper is to explore the role of energy in China’s preferential trade agreements (PTAs) and their impact on Chinese imports o...

01 April 2018

The purpose of this paper is to empirically estimate a model of aggregate residential and commercial energy demand elasticities, taking into account capital stock and climatic effects. We model a theoretically founded non-linear energy demand system, the generalized almost ideal, for...

15 January 2018

Weather can have a profound effect on energy consumption particularly with respect to hot and cold temperatures, driving residential and commercial energy demand. The cooling and heating degree day methodology has been often been regarded as a reliable means to account for this effec...

01 September 2017

The promotion of renewable energy sources (RES) by governments is one way of helping countries to meet their energy needs while lowering greenhouse gas emissions. In this paper, we examine the role of energy policy in RES promotion, based on a carbon tax and RES price subsidy, at a t...

19 July 2017

Energy policymakers often attempt to shape their countries’ energy mix, rather than leave it purely to market forces. By calibrating and simulating a Dynamic Stochastic General Equilibrium (DSGE) model, this paper analyzes the primary fossil fuel mix in the USA and compares it ...

01 February 2017

This paper aims to measure the impact of the gradual adoption of Renewable Energy Sources (RES) on the welfare of consumers. To this end, we construct a theoretically founded measure of the true cost of living (TCL) and the equivalence scale (ES) for the household sector, based on a ...

01 February 2017

This paper uses three types of analysis to investigate the drivers of energy productivity changes occurring in 39 countries during 1995–2009. We find that increases in sectoral energy productivity were the primary driver behind economy-wide energy productivity improvements. Structura...

01 October 2016

We examine quarterly oil price forecasts from the Survey of Professional Forecasters conducted by the European Central Bank. We present three empirical findings, all of which are robust to the number of respondents considered. First, the dispersion of forecasts is correlated positive...

01 September 2016

This paper aims at understanding the drivers of residential electricity demand in the Gulf Cooperation Council countries by applying the structural time series model. In addition to the economic variables of GDP and real electricity prices, the model accounts for population, weather,...

01 December 2015

Two intriguing circumstances have characterized the behavior of energy markets in the first years of 21st Century: a sharp increase in oil prices without a clear impact on real economic activity and a relative stagnation of energy productivity after 30 years of continuous improvement...

01 September 2013

We consider a multinational firm that seeks to maximize its total amount of interest tax shield while following a constant debt ratio policy on a global level. The firm’s total interest tax shield can then be considered as a piecewise-linear increasing function that is concave ...