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export decline on GDP, private consumption, investment, government expenditure and production of different sectors in Iran … institutions. Our simulations shows that 50 percent reduction in oil export results 6.22, 4.9 and 13.63 percent reduction … respectively in the level of GDP, private consumption and government expenditure, while in this scenario non-oil export shows 18 …
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In this paper, we will study the impacts of a counterfactual scenario of an increase in oil revenues on the price levels, activity levels, imports and exports in Iran. Our focus is on non-traded sectors, household welfare, and expenditure indices in the framework of a Computable General...
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