Sanctions and the Shadow Economy: Empirical Evidence from Iranian Provinces

Using Iranian-province-level data from 2001–2013, this study finds that the international sanctions of 2012/2013 had a significantly stronger negative impact on the growth rate of the shadow economy than they did on the official GDP growth rate. Thus, the international sanctions on Iran have damaged...

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Publicado en:MAGKS - Joint Discussion Paper Series in Economics (Band 07-2018)
Autores principales: Farzanegan, Mohammad Reza, Hayo, Bernd
Formato: Artículo
Lenguaje:inglés
Publicado: Philipps-Universität Marburg 2018
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MAGKS - Joint Discussion Paper Series in Economics