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Consumer Subsidies in the Islamic Republic of Iran: Simulations of Further Reforms

In: The Quest for Subsidy Reforms in the Middle East and North Africa Region

Author

Listed:
  • Mohammad H. Mostafavi-Dehzooei

    (Virginia Tech)

  • Djavad Salehi-Isfahani

    (Virginia Tech)

Abstract

The Islamic Republic of Iran is a major producer of oil and gas, and therefore it is not surprising that the country subsidizes energy heavily. In 1995 energy subsidies were estimated at $5 billion or 6% of gross domestic product (GDP) (Salehi-Isfahani 1996), and with rising world prices in the following decades, the subsidies rose several times over to reach more than 15 percent of GDP (Jensen and Tarr 2003; Salehi-Isfahani 2014).

Suggested Citation

  • Mohammad H. Mostafavi-Dehzooei & Djavad Salehi-Isfahani, 2017. "Consumer Subsidies in the Islamic Republic of Iran: Simulations of Further Reforms," Natural Resource Management and Policy, in: Paolo Verme & Abdlekrim Araar (ed.), The Quest for Subsidy Reforms in the Middle East and North Africa Region, chapter 0, pages 259-289, Springer.
    • Handle: RePEc:spr:nrmchp:978-3-319-52926-4_10
    DOI: 10.1007/978-3-319-52926-4_10
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    Cited by:

    1. Atamanov,Aziz & Mostafavi Dehzooei,Mohammadhadi & Wai-Poi,Matthew Grant, 2020. "Welfare and Fiscal Implications from Increased Gasoline Prices in the Islamic Republic of Iran," Policy Research Working Paper Series 9235, The World Bank.

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