Oil Revenues Shocks and Inequality in Iran - Economic Research Forum (ERF)

Oil Revenues Shocks and Inequality in Iran

Mohammad Reza Farzanegan and Tim Krieger

September, 2018


24 pages

Q3. Nonrenewable Resources and Conservation
D6. Welfare Economics

We study the responses of income inequality to positive per capita oil and gas revenues shocks in Iran. Using historical data from 1973 to 2016 and vector autoregression (VAR) -based impulse response functions, we find a positive and statistically significant response of income inequality to oil booms. Our analysis can help policymakers evaluate and accommodate the possible positive or negative effects on inequality in Iran resulting from the 2016 lifting of the embargo against the country.


ندرس في بحثنا الحالي استجابات عدم المساواة في الدخل  لصدمات إيجابية في نصيب الفرد من النفط والغاز في إيران. باستخدام البيانات التاريخية من عام 1973 حتى عام 2016 ونموذج الإنحدار الذاتي للمتجهات القائم على وظائف الاستجابة التلقائية ، نجد استجابة إيجابية وذات دلالة إحصائية لعدم مساواة الدخل في طفرات النفط. يمكن أن يساعد تحليلنا صانعي السياسات على تقييم واستيعاب التأثيرات الإيجابية أو السلبية المحتملة لعدم المساواة في إيران الناتجة عن رفع الحظر عن البلاد في عام 2016

Research Fellows

Mohammad Reza Farzanegan

Full Professor and Chair of Economics of the Middle East Research Group, Marburg University


Tim Krieger

Professor of Constitutional Political Economy and Competition Policy, University of Freiburg in Germany



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