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Effects of Oil Sanctions on Iran’s Economy and Household Welfare: New Evidence from A CGE Model

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Economic Welfare and Inequality in Iran

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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Author information

Authors and Affiliations

  1. Center for Near and Middle Eastern Studies, School of Business & Economics, Philipps-Universität Marburg, Marbug, Germany

    Mohammad Reza Farzanegan

  2. Cluster of Excellence “Integrated Climate System Analysis and Prediction” (CliSAP) & Center for Earth System Research and Sustainability (CEN), University of Hamburg, Hamburg, Germany

    Mohammad Mohammadi Khabbazan

  3. Tarbiat Modares University, Tehran, Iran

    Hossein Sadeghi

Authors
  1. Mohammad Reza Farzanegan
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  2. Mohammad Mohammadi Khabbazan
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  3. Hossein Sadeghi
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Editor information

Editors and Affiliations

  1. Center for Near and Middle Eastern Studies, School of Business & Economics, Philipps-Universität Marburg, Marbug, Germany

    Mohammad Reza Farzanegan

  2. Department of Social Planning, Faculty of Social Sciences, University of Tehran, Tehran, Iran

    Pooya Alaedini

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Farzanegan, M.R., Khabbazan, M.M., Sadeghi, H. (2016). Effects of Oil Sanctions on Iran’s Economy and Household Welfare: New Evidence from A CGE Model. In: Farzanegan, M., Alaedini, P. (eds) Economic Welfare and Inequality in Iran. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-349-95025-6_8

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  • DOI: https://doi.org/10.1057/978-1-349-95025-6_8

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  • Publisher Name: Palgrave Macmillan, New York

  • Print ISBN: 978-1-349-95024-9

  • Online ISBN: 978-1-349-95025-6

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