Presentation
Sanctions and the shadow economy: empirical evidence from Iranian provinces
University of Marburg
(2018)
Abstract
Using Iranian province level data from 2001 to 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.
Keywords
- Iran,
- Sanction,
- Shadow economy
Disciplines
Publication Date
Summer June 22, 2018
Location
Marburg
Comments
This is a presentation of the following study:
Farzanegan, M.R., Hayo, B., 2018. Sanctions and the shadow economy: empirical evidence from Iranian provinces. Applied Economics Letters 26, 501-505. https://doi.org/10.1080/13504851.2018.1486981
Citation Information
Farzanegan, M.R., Hayo, B., 2018. Sanctions and the shadow economy: empirical evidence from Iranian provinces. Applied Economics Letters 26, 501-505. https://doi.org/10.1080/13504851.2018.1486981