| DOI: | 10.1016/j.enpol.2020.111589
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| 论文题名: | Electricity incentives for agriculture in Saudi Arabia. Is that relevant to remove them? |
| 作者: | Hasanov F.J.; Shannak S.
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| 刊名: | Energy Policy
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| ISSN: | 03014215
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| 出版年: | 2020
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| 卷: | 144 | | 语种: | 英语
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| 中文关键词: | Agriculture
; Cointegration and equilibrium correction models
; Domestic energy price reform
; Electricity incentives
; Saudi Arabia
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| 英文关键词: | Agricultural robots
; Budget control
; Decision making
; Economics
; Elasticity
; Fossil fuels
; Agricultural sector
; Carbon emissions
; Consumption of energy
; Empirical findings
; Mitigation measures
; Policy implementations
; Policy intervention
; Technological progress
; Agriculture
; agriculture
; carbon emission
; electricity
; energy market
; energy use
; fiscal reform
; fossil fuel
; incentive
; policy implementation
; Saudi Arabia
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| 英文摘要: | Saudi Arabia has been implementing the domestic energy price reform (EPR) and fiscal reform since the end of 2015 under the Fiscal Balance Program (FBP), one of the key realization programs of Saudi Vision 2030 (SV2030). The EPR aims to increase the rational consumption of energy and budget revenues by gradually removing energy incentives across the economy by 2025 (FBP, 2019). This study assesses the impact of electricity incentives that the government provided for the development of the agricultural sector in the pre-reform period to find out how large its magnitude was and to determine whether removal of them in the sector is a relevant measure to take. We found that while these incentives had both short and long-run positive impacts on the agriculture growth, the magnitude of these impacts was quite small (the long-run elasticity is between 0.04 and 0.07 and the short-run elasticity is around 0.09–0.11). We also found that investing in capital stock and technological progress would lead to more and sustained development than a continuation of the government's electricity incentives in the sector. Additionally, we found that increases in temperature, primarily resulting from carbon emissions of fossil fuel consumption, is harmful to the sector's development. These empirical findings support the ongoing policy for the implementation of gradual removal of electricity incentives and suggest that some mitigation measures should be considered for the sector. In policy implementations, decision-makers should consider that the sector is capable of absorbing shocks, including policy interventions within two years. © 2020 The Author(s) |
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| 资源类型: | 期刊论文
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| 标识符: | http://119.78.100.158/handle/2HF3EXSE/167226
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| Appears in Collections: | 气候变化与战略
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作者单位: | King Abdullah Petroleum Studies and Research Center, Riyadh, Saudi Arabia; Water Management, College Station-TX, Texas A&M UniversityTX, United States
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| Recommended Citation: | |
Hasanov F.J.,Shannak S.. Electricity incentives for agriculture in Saudi Arabia. Is that relevant to remove them?[J]. Energy Policy,2020-01-01,144
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