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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Bibliografski detalji
Izdano u:MAGKS - Joint Discussion Paper Series in Economics (Band 07-2018)
Glavni autori: Farzanegan, Mohammad Reza, Hayo, Bernd
Format: Članak
Jezik:engleski
Izdano: Philipps-Universität Marburg 2018
Teme:
shadow economy
Wirtschaft
sanctions
Iran
Economics
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Opis
Sažetak: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.
Opis fizičkog objekta:11 Seiten
ISSN:1867-3678
Digitalni identifikator objekta:10.17192/es2024.0560

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