Farzanegan, Mohammad Reza; Parvari, Mozhgan Raeisian - 2014
One of the main elements of economic sanctions against Iran due to its nuclear and military programs is crude oil … exports, our proxy of Iran oil sanctions. However, the increasing response of oil prices to the Iranian oil sanction is only … significant in the first year after negative shock in Iran oil exports. Beyond the first year following shock, we do not observe a …