Arbeitspapier

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 the informal economy even more than the formal economy.

Language
Englisch

Bibliographic citation
Series: MAGKS Joint Discussion Paper Series in Economics ; No. 07-2018

Classification
Wirtschaft
International Conflicts; Negotiations; Sanctions
Informal Economy; Underground Economy
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Subject
shadow economy
sanctions
Iran

Event
Geistige Schöpfung
(who)
Farzanegan, Mohammad Reza
Hayo, Bernd
Event
Veröffentlichung
(who)
Philipps-University Marburg, School of Business and Economics
(where)
Marburg
(when)
2018

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Farzanegan, Mohammad Reza
  • Hayo, Bernd
  • Philipps-University Marburg, School of Business and Economics

Time of origin

  • 2018

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