Primary Program
About
Jeyhun is a principal fellow at KAPSARC. He received his B.A. and M.S. from Azerbaijan State University (now Baku State University) in mathematics. Jeyhun holds a Ph.D. in applied mathematics and a D.S. in econometrics. Before joining KAPSARC in September 2017, Jeyhun was an associate professor at the Department of Statistics and Econometrics at Azerbaijan State University, and the Department of Economics at Qafqaz University, where he taught econometrics, statistics, and mathematical economics. His other roles have included director of the Research Institute for Social Sciences and Humanities, and head of the Center for Socio-Economic Research. Jeyhun was a postdoctoral researcher at Indiana University Bloomington, United States (U.S.). He has also been a visiting researcher at several institutions, including the Center for Econometric Research, Sungyunkwan University in Seoul, South Korea; Vistula University, Warsaw, Poland; the University of North Texas, and the University of South Texas, both in the U.S. Jeyhun’s research is focused on applied time series econometrics, the economics of energy, the environment and sustainable development. He has authored over 40 scientific articles published in peer-reviewed journals and is an editorial board member of the International Journal of Advanced Multidisciplinary Research and Review, the Journal of Management, Economics and Industrial Organization, and the Journal of Socio-Economic Studies, and a member of the International Association for Energy Economics.
Publications
01 September 2024
Residential Electricity Consumption and Rebound Effects in Saudi Arabia: Insights into Bridging the Energy Efficiency GapThe rebound effect refers to the phenomenon where energy efficiency improvements lead to increased energy consumption, offsetting some of the expected energy savings. This article aims to estimate the direct rebound effect of residential electricity consumption in Saudi Arabia and ex...
01 July 2024
Driving Reductions in Emissions: Unlocking the Potential of Fuel Economy Targets in Saudi ArabiaThe adoption of more stringent fuel economy standards represents a pivotal pathway toward achieving net zero emissions in the transportation sector. By steadily increasing the fuel efficiency of vehicles, this approach drives a gradual but consistent decline in emissions. When couple...
14 September 2023
Methane Emissions Baseline Forecasts for Saudi Arabia Using the Structural Time Series Model and Autometrics
Reducing methane (CH4) emissions is key to near-term efforts to limit global warming. CH4 is the second most abundant anthropogenic greenhouse gas (GHG) in the atmosphere after carbon dioxide (CO2). The production, transport, and consumption of fossil fuels, in addition to was...
25 June 2023
Commercial Electricity Demand Modeling: Do Regional Differences Matter?One of the key benefits of understanding regional electricity consumption and its response to policy changes is enhancing the decision-making process. In Saudi Arabia, energy policies are set at the national level, and assessing their impacts at the regional level provides valuable i...
06 June 2023
Projecting Saudi Arabia’s CO2 Dynamic Baselines to 2060: A Multivariate Approach
As a party to the Paris Agreement, which aims to limit the global average temperature rise to below 2 degrees and keep it as close as possible to 1.5 degrees Celsius, Saudi Arabia has submitted its nationally determined contribution (NDC). NDCs are essentially climate action plans th...
14 May 2023
Methane Emissions Baseline Forecasts for Saudi Arabia Using the Structural Time Series Model and Autometricsducing methane (CH4) emissions is key to near-term efforts to limit global warming. CH4 is the second most abundant anthropogenic greenhouse gas (GHG) in the atmosphere after carbon dioxide (CO2). The production, transport, and consumption of fossil fuels, in addition to waste and ag...
11 May 2023
Baseline Forecasts of Carbon Dioxide Emissions for Saudi Arabia Using the Structural Time Series Model and AutometricsAs a party to the Paris Agreement, Saudi Arabia submitted a baseline emissions reduction target as part of its nationally determined contribution. The baseline target rests on the development of a baseline emissions scenario. This is a counterfactual scenario that shows how emissions...
10 May 2023
Macroeconomic and Sectoral Effects of the Natural Gas Price: Policy Insights from a Macroeconometric Modelcroeconomic and sectoral assessment of the energy price reform (EPR) can provide policymakers with useful insights regarding price deregulation options. A key feature of this research that differentiates it from many other studies is its modeling framework. The framework first estima...
05 March 2023
Regional Fuel Consumption and Carbon Dioxide Emissions in Saudi Arabia: Impacts of Electricity Price Reforms
Evaluating the potential outcomes of energy price reforms is essential for policymakers to assess their effectiveness. In 2016 and 2018, the Saudi government enacted two waves of energy price reforms to curb historically fast-growing electricity demand. We quantify the effects...
29 May 2022
How to Mitigate Transportation Emissions in Saudi Arabia? The Role of Energy Price GovernanceIn light of Saudi Arabia’s recent energy-pricing ...2) emissions in the transport sector. We employed a battery of econometric techniques to analyze the long-run relationships between income, fuel prices, energy share, population, and total carbon emissions in the transportation sector.
13 January 2022
Modeling and Forecasting Industrial Electricity Demand for Saudi Arabia: Uncovering Regional CharacteristicsThe objective of this study is to investigate Saudi Arabia’s industrial electricity consumption at the regional level. We apply structural time series modeling to annual data over the period of 1990 to 2019. In addition to estimating the size and significance of the price and income ...
13 September 2020
Regional Heterogeneous Drivers of Electricity Demand in Saudi ArabiaAggregate residential electricity consumption in Saudi Arabia has increased rapidly over the past several decades, largely due to population increases and fast economic growth (SAMA 2019). The growth in electricity consumption has been driven, among other factors, by government-admin...
30 April 2020
Electricity Demand Modeling in Saudi Arabia: Do Regional Differences MatterEnergy is a pervasive input to all business and recreational activities. As such, total energy demand is an important indicator that helps explain the pattern of economic development within a country. Identifying and understanding the key determinants of electricity demand is ...
07 April 2020
Modeling Sectoral Employment in Saudi Arabia
chieving the desired level of employment is central to macroeconomic policy. Regulators should have a better understanding of employment dynamics in order to design appropriate policies and test their impact. Healthy employment levels not only benefit household income and the product...
13 February 2020
KGEMM: A Macroeconometric Model for Saudi ArabiaThe KAPSARC Global Energy Macroeconometric Model (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.
26 December 2019
Gasoline Demand in Saudi Arabia: Are the Price and Income Elasticities Constant?After the drop in international oil prices in 2014, oil-exporting countries started to launch new policies to develop their economies. It is important that policymakers involved in energy and economic development understand how economic agents respond to increased energy prices and h...
12 January 2025
Does the Income Elasticity of Energy Demand Vary with the Stages of Economic Development?This paper revisits the empirical evidence on the income elasticity of energy demand by investigating whether it varies with the level of economic development. Our analysis, based on a sample of 111 countries spanning three decades, reveals that the elasticity is not constant and te...
