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...
Збережено в:
Опубліковано в:: | MAGKS - Joint Discussion Paper Series in Economics (Band 29-2019) |
---|---|
Автор: | |
Формат: | Стаття |
Мова: | Англійська |
Опубліковано: |
Philipps-Universität Marburg
2019
|
Предмети: | |
Онлайн доступ: | PDF-повний текст |
Теги: |
Додати тег
Немає тегів, Будьте першим, хто поставить тег для цього запису!
|
Резюме: | 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 lost $34,660 (in constant 2010 US$) from 1978 to 1988. This loss is equivalent to 40% of income per capita, which an Iranian could reach at the absence of revolution and war. |
---|---|
Фізичний опис: | 18 Seiten |
ISSN: | 1867-3678 |
DOI: | 10.17192/es2024.0624 |