Economic Welfare and Inequality in Iran 2016
DOI: 10.1057/978-1-349-95025-6_8
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Effects of Oil Sanctions on Iran’s Economy and Household Welfare: New Evidence from A CGE Model

Abstract: This chapter1 treats the economic and welfare consequences of Western-backed oil-export sanctions2 against Iran. Oil sanctions were imposed on post-revolutionary Iran with the supposed goal of changing its government’s political behavior. We aim to answer the following questions: (a) What were the likely effects of oil sanctions on the Iranian macroeconomic variables? (b) What were the likely effects of oil sanctions on Iran’s household welfare

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Cited by 31 publications
(22 citation statements)
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“…During the past decade, due to the imposition of sanctions against Iran and its subsequent inflation, economic restrictions has increased for the general public, especially for university students (Chamlou, 2016;Farzanegan, Khabbazan, & Sadeghi, 2016). Iranian public universities, which are under the government's control, are not sufficiently funded due to the government's financial and budgetary constraints.…”
Section: Discussionmentioning
confidence: 99%
“…During the past decade, due to the imposition of sanctions against Iran and its subsequent inflation, economic restrictions has increased for the general public, especially for university students (Chamlou, 2016;Farzanegan, Khabbazan, & Sadeghi, 2016). Iranian public universities, which are under the government's control, are not sufficiently funded due to the government's financial and budgetary constraints.…”
Section: Discussionmentioning
confidence: 99%
“…With a long history of systematic improvements, the GTAP-E model has been widely used to analyze the effects of changes in energy production, international trade and climate [78][79][80][81]. There is an emerging body of literature that employs global CGE models, including the GTAP model, to study the impacts of the international conflict [49,82,83]. The US and Iran are important players in the international energy trade, strongly influencing global oil prices.…”
Section: Gtap-e-modelmentioning
confidence: 99%
“…Since the economic pressure imposed by the United States, the oil exports of Iran decline. This Iranian government loses 50-60 % of its revenues (Monshipouri & Dorraj, 2013) and this severely affect the income of all income groups of household (Farzanegan, Mohammadikhabbazan, & Sadeghi, 2015).…”
Section: Dependency On Importationmentioning
confidence: 99%