A Brief History and Structure of KGEMM

Abstract

It is useful to provide a brief overview of the development stages of KGEMM, as these stages shaped the structure of the current version of the model. As mentioned previously, KGEMM has been developed to have a better representation of the Saudi Arabian economic (sectoral and macro) and energy relationships. The main motivation for developing it was that there was no available model (including subscription based) that properly represented the Saudi Arabian economy and could comprehensively inform the policy decision-making process.