The Opportunity Cost of the Islamic Revolution and War for Iran

The Opportunity Cost of the Islamic Revolution and War for Iran

We estimate the opportunity cost for Iran due to the Islamic revolution and eight years’ war with Iraq (1978/79-1988). We apply the synthetic control method in order to compare Iran with a synthetic Iran and answer this counterfactual question. Our results show that, in total, an average Iranian has...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 29-2019)
Main Author: Farzanegan, Mohammad Reza
Format: Article
Language:English
Published: Philipps-Universität Marburg 2019
Subjects:
Wirtschaft
treatment effect
revolution
Iran
war
synthetic control method
Economics
Online Access:PDF Full Text
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