We exploit three major transport fuel (gasoline and diesel) subsidy reforms in Iran, as quasi-experiments, to investigate the impact of permanent upward price changes on the responsiveness of fuel consumption. We employ monthly regional-level data of fuel consumption in Iran and also explicitly...

It is now evident in the literature that the information and communication technology (ICT) has a positive and significant impact on the productivity and economic growth. Most studies in this area, however, are limited to the developed countries. Given different regulations and economic...

Efficiency wages is one of the recent new Keynesian theoreis providing a micro foundation to explain real rigidities in the labour market and long run involuntary unemployment. There are many empirical studies on efficiency wages in developed economies, but there is not a well documented...

The substantial subsidizing of energy prices over the years has led to high energy consumption, inefficiencies, fiscal pressures, and environmental problems in Iran. To address the increasing socio-economic problems associated with the energy subsidies, the government embarked on an aggressive...

The book shows that the implementation of a sustainable energy strategy in Iran provides the opportunity for further economic and social development. In this context, the aim of the book is to provide some of the analyses needed to rethink the country's energy strategy and to grasp the chances....

The substantial subsidizing of energy prices over the years has led to high energy consumption, inefficiencies, fiscal pressures, and environmental problems in Iran. To address the increasing socio-economic problems associated with the energy subsidies, the government embarked on an aggressive...

Efficiency wages is one of the recent new Keynesian theoreis providing a micro foundation to explain real rigidities in the labour market and long run involuntary unemployment. There are many empirical studies on efficiency wages in developed economies, but there is not a well documented...