Absorptive Capacity of the Prerevolutionary Iranian Economy
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Authors
Looney, R.E.
Subjects
Advisors
Date of Issue
1983
Date
1983
Publisher
Language
Abstract
The impact of oil revenues on the Iranian economy during a given time
period can be broken down into several independent elements. The
first is the response of the government to changes in oil revenues from the
administrative side in identifying and implementing areas for expenditure.
The second is the production-inducing effect of these expenditures through
linkage and spread effects. A third aspect concerns the production of
government oil-derived expenditures as measured by the economy's ability
or absorptive capacity to utilize them effectively. In Iran's case, because
economic development was the principal vehicle for converting oil
resources into a continuing stream of real benefits to the country, the
estimation of realistic spending levels or the absorptive capacity for oil
revenues was undoubtedly the most important decision undertaken by the
government.
Type
Article
Description
Journal of Energy and Development, Spring 1983.
Refereed Journal Article
Refereed Journal Article
Series/Report No
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Citation
Looney, R.E., "Absorptive Capacity of the Prerevolutionary Iranian Economy,” Journal of Energy and Development, Spring 1983.
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This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.