Sanctions and the Shadow Economy: Empirical Evidence from Iranian Provinces

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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Veröffentlicht in:MAGKS - Joint Discussion Paper Series in Economics (Band 07-2018)
Autoren: Farzanegan, Mohammad Reza, Hayo, Bernd
Format: Artikel
Sprache:Englisch
Veröffentlicht: Philipps-Universität Marburg 2018
Schlagworte:
shadow economy
Wirtschaft
sanctions
Iran
Economics
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Zusammenfassung: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 the informal economy even more than the formal economy.
Umfang:11 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0560

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