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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Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 29-2019) |
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Main Author: | |
Format: | Article |
Language: | English |
Published: |
Philipps-Universität Marburg
2019
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Online Access: | PDF Full Text |
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MAGKS - Joint Discussion Paper Series in Economics