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Der vorliegende Beitrag stellt die Frage nach den Auswirkungen des seit 2003 hohen Erdölpreises in Iran. Theoretisch basiert die Untersuchung auf dem Rentierstaats-Ansatz. Kernelement ist hierbei die freie Disponibilität der Rente für den Empfänger. Empirisch werden die Politikfelder...
Persistent link: https://www.econbiz.de/10008908717
The Iranian revolution still appears to be a puzzle for theoretical approaches linking political instability and/or violent conflict to the resource wealth of a country. It therefore works well as a case study for the purposes of this paper: to show the necessity of a broader approach to the...
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This paper investigates the global macroeconomic consequences of country-specific oil-supply shocks. Our contribution is both theoretical and empirical. On the theoretical side, we develop a model for the global oil market and integrate this within a compact quarterly model of the global economy...
Persistent link: https://www.econbiz.de/10010528313
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This study probes the middle class in Iran in relation to oil rents and political development. We begin by discussing how the Iranian middle class has evolved through the 1979 Revolution and in the post-revolutionary period. We then empirically examine the relationships among per capita oil-rent...
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