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Oil Export and the Economy of Iran

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  • Pesaran, Mohammad Hashem
  • Salehi Esfahani, Hadi
  • Mohaddes, Kamiar

Abstract

This paper presents an error-correcting macro-econometric model for the Iranian economy using a new quarterly data set over the period 1979Q1–2006Q4. It builds on a theoretical long-run growth model developed by the authors for major oil exporting economies. The core variables included in this paper are real output, real money balances, inflation,

Suggested Citation

  • Pesaran, Mohammad Hashem & Salehi Esfahani, Hadi & Mohaddes, Kamiar, 2012. "Oil Export and the Economy of Iran," Journal of Monetary and Banking Research (فصلنامه پژوهش‌های پولی-بانکی), Monetary and Banking Research Institute, Central Bank of the Islamic Republic of Iran, vol. 4(12), pages 1-18, September.
    • Handle: RePEc:mbr:jmbres:v:4:y:2012:i:12:p:1-18
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