Consumer Subsidies in the Islamic Republic of Iran: Simulations of Further Reforms

Mohammad H. Mostafavi-Dehzooei and Djavad Salehi-Isfahani
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Mohammad H. Mostafavi-Dehzooei: Virginia Tech

Chapter Chapter 10 in The Quest for Subsidy Reforms in the Middle East and North Africa Region, 2017, pp 259-289 from Springer

Abstract: Abstract The Islamic Republic of Iran is a major producer of oil and gas, and therefore it is not surprising that the country subsidizes energy heavily. In 1995 energy subsidies were estimated at $5 billion or 6% of gross domestic product (GDP) (Salehi-Isfahani 1996), and with rising world prices in the following decades, the subsidies rose several times over to reach more than 15 percent of GDP (Jensen and Tarr 2003; Salehi-Isfahani 2014).

Keywords: Gross Domestic Product; Poverty Rate; Energy Price; Purchase Power Parity; Cash Transfer (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:nrmchp:978-3-319-52926-4_10

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DOI: 10.1007/978-3-319-52926-4_10

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