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Performance of Iran's Oil Sector: Oil Revenues and Developmental Challenges, 1970–2003

Mohammad Hassani

India Quarterly: A Journal of International Affairs, 2006, vol. 62, issue 1, 146-173

Abstract: This article addresses the evolution of Iran's oil revenues during the last three decades. Iran's oil revenues increased substantially due to 1974 oil shocks. So much so, the oil revenues became the main source of government export revenues for the investigated decades. However, there are a number of factors which have affected Iran's oil revenues such as world supply and demand, oil price fluctuations, country's production capacities, Iran-Iraq war, U.S-led sanctions and domestic consumption. The mentioned factors contributed to the performance of Iran's oil sector in GDP in post-revolution era.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:sae:indqtr:v:62:y:2006:i:1:p:146-173

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