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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Udgivet i:MAGKS - Joint Discussion Paper Series in Economics (Band 07-2018)
Autoren: Farzanegan, Mohammad Reza, Hayo, Bernd
Format: Artikel
Sprog:engelsk
Udgivet: Philipps-Universität Marburg 2018
Fag:
shadow economy
Wirtschaft
sanctions
Iran
Economics
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Beskrivelse
Summary: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.
Fysisk beskrivelse:11 Seiten
ISSN:1867-3678
DOI:10.17192/es2024.0560

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