Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/175858
Authors: 
Farzanegan, Mohammad Reza
Hayo, Bernd
Year of Publication: 
2018
Series/Report no.: 
Joint Discussion Paper Series in Economics 07-2018
Abstract: 
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.
Subjects: 
shadow economy
sanctions
Iran
JEL: 
F51
E26
O17
Document Type: 
Working Paper

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