; Sanction ; Iran …

We estimate the opportunity cost for Iran due to the Islamic revolution and eight years' war with Iraq (1978 …/79-1988). We apply the synthetic control method in order to compare Iran with a synthetic Iran and answer this counterfactual …

2015 on military spending of Iran. We create a synthetic control group that mimics the socioeconomic characteristics of … Iran before the international sanctions of 2012. We then compare the military spending of the counterfactual Iran without … sanction to the factual Iran with sanction for the period of 2003-2015. Over the entire 2013–2015 period, per capita military …

between oil price shocks and major macroeconomic variables in Iran by applying a VAR approach. The study points out the … ; oil price shocks ; developing economies ; Iran ; VAR modelling …