Absorptive capacity of the prerevolutionary Iranian economy

Journal Article · · J. Energy Dev.; (United States)

OSTI ID:5585579

Looney, R E

The impact of oil revenues on the Iranian economy during a given time can be broken down into several independent elements: response of government to changes in oil revenues, production-inducing effect of expenditures through linkage, and production of governmental oil-derived expenditures as measured by the economy's ability to use them effectively. Examining Iran's absorptive capacity and the government's role in attempting to alter it throws light on factors leading to the economic crisis that preceded the revolution. The author concludes that while indications of some problems could have been easily overlooked, the post-1973 growth strategy based on the premise of capital and labor abundance had little percendent or empirical evidence for its adoption. 25 references, 3 tables.

• Research Organization: Postgraduate School, Monterey, CA
• OSTI ID: 5585579
• Journal Information: J. Energy Dev.; (United States), Journal Name: J. Energy Dev.; (United States) Vol. 8:2; ISSN JENDD
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
294002 -- Energy Planning & Policy-- Petroleum
ASIA
DEVELOPING COUNTRIES
ECONOMIC ANALYSIS
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMICS
INCOME
INDUSTRY
IRAN
MIDDLE EAST
PETROLEUM INDUSTRY