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Illegal Trade in the Iranian Economy: Evidence from a Structural Model

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Author Info
Mohammad Reza Farzanegan ()

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Abstract

This study investigates the main causes and consequences of import and export smuggling and estimates the relative index of smuggling in Iran from 1970 to 2002. The Multiple Indicators - Multiple Causes (MIMIC) econometric modelling is used for a comprehensive analysis of the latent variable of smuggling. The main results of this paper indicate that the rate of fine for smuggling and the general level of education reduce smuggling, while the tariff burden increases the incentives for illegal trade. More trade openness accompanies more illegal trade for the case of Iran. On average, the relative size of smuggling is about 13% of the total trade in Iran. The absolute amount of smuggling per year is about $3 billion.

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Publisher Info
Paper provided by CESifo Group Munich in its series CESifo Working Paper Series with number CESifo Working Paper No. 2397.

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Date of creation: 2008
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Handle: RePEc:ces:ceswps:_2397

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Related research
Keywords: smuggling; structural equation model; Iran; illegal trade;

Find related papers by JEL classification:
C39 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Other
H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion
O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements

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  1. Martin, Lawrence & Panagariya, Arvind, 1984. "Smuggling, trade, and price disparity: A crime-theoretic approach," Journal of International Economics, Elsevier, vol. 17(3-4), pages 201-217, November. [Downloadable!] (restricted)
  2. Alberto Ades & Rafael Di Tella, 1999. "Rents, Competition, and Corruption," American Economic Review, American Economic Association, vol. 89(4), pages 982-993, September. [Downloadable!] (restricted)
  3. Pitt, Mark M., 1981. "Smuggling and price disparity," Journal of International Economics, Elsevier, vol. 11(4), pages 447-458, November. [Downloadable!] (restricted)
  4. Bhagwati, Jagdish & Srinivasan, T. N., 1973. "Smuggling and trade policy," Journal of Public Economics, Elsevier, vol. 2(4), pages 377-389. [Downloadable!] (restricted)
  5. Kiguel, Miguel & O'Connell, Stephen A, 1995. "Parallel Exchange Rates in Developing Countries," World Bank Research Observer, Oxford University Press, vol. 10(1), pages 21-52, February.
  6. Phylaktis, Kate, 1991. "The black market for dollars in Chile," Journal of Development Economics, Elsevier, vol. 37(1-2), pages 155-172, November. [Downloadable!] (restricted)
  7. Richard Clay Barnett, 2003. "Smuggling, non-fundamental uncertainty, and parallel market exchange rate volatility," Canadian Journal of Economics, Canadian Economics Association, vol. 36(3), pages 701-727, August. [Downloadable!] (restricted)
  8. Helleiner, G. K., 1990. "Trade strategy in medium-term adjustment," World Development, Elsevier, vol. 18(6), pages 879-897, June. [Downloadable!] (restricted)
  9. Guillaume R. Fréchette, 2006. "Panel Data Analysis of the Time-Varying Determinants of Corruption," CIRANO Working Papers 2006s-28, CIRANO. [Downloadable!]
  10. Miguel Braun & Rafael Di tella, 2004. "Inflation, Inflation Variability, and Corruption," Economics and Politics, Blackwell Publishing, vol. 16(1), pages 77-100, 03. [Downloadable!] (restricted)
  11. Thursby, M. & Jensen, R. & Thursby, J., 1991. "Smuggling, Camouflaging, and Market Structure," Purdue University Economics Working Papers 1005, Purdue University, Department of Economics.
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  12. Dornbusch, Rudiger, et al, 1983. "The Black Market for Dollars in Brazil," The Quarterly Journal of Economics, MIT Press, vol. 98(1), pages 25-40, February. [Downloadable!] (restricted)
  13. Alano, Bienvenido Jr. P., 1984. "Import Smuggling in the Philippines: An Economic Analysis," Philippine Journal of Development, Philippine Institute for Development Studies, vol. 0(2), pages 157-190. [Downloadable!]
  14. Rauch, James E. & Evans, Peter B., 2000. "Bureaucratic structure and bureaucratic performance in less developed countries," Journal of Public Economics, Elsevier, vol. 75(1), pages 49-71, January. [Downloadable!] (restricted)
  15. Treisman, Daniel, 2000. "The causes of corruption: a cross-national study," Journal of Public Economics, Elsevier, vol. 76(3), pages 399-457, June. [Downloadable!] (restricted)
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This page was last updated on 2009-12-1.


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