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Oil And Iranian Development, Alireza Emami
Oil And Iranian Development, Alireza Emami
All Graduate Theses and Dissertations, Spring 1920 to Summer 2023
The main concern of this study was two-fold: (a) to compute the Iranian economy's long-run growth potential consistent with full-capacity utilization of the output and stocks with the existing current and capital account matrices; and (b) to simulate the impacts that changing petroleum export levels have on capital formation, employment, and income distribution.
The analysis proceeded by developing a closed dynamic interindustry model in order to compute the "turnpike" growth rate. The uniform or "turnpike" growth rate computed for the base current and capital account matrices was 1.7 percent per annum. This describes the long-run growth potential for Iran. Given …