The use of revenue from natural resources, including oil, has always attracted the attention of politicians, economists and political scientists as well as various social groups. Here, we study the optimal consumption of oil revenues under different interest rate and social discount rate scenarios, and presence of Dutch disease, using a dynamic computable general equilibrium approach.The result...

The volatility of oil revenues in rentier countries, due to the large share of oil revenue in their economies, affects many variables. Oil revenues can also affect social behavior and culture. Therefore, social capital, as the result of social networks and institutions, can be directly and indirectly affected by oil rents. The review of economic literature suggests that oil revenues could poten...

Government spending on public infrastructure, education and healthcare can provide a positive boost to economic growth, however each financing sources can affect economic growth differently. Which source of finance is less distortionary and boosts growth? In order to answer this question, this paper analyzes the impact of financing sources (oil and tax revenues) on the Iranian economic growth. ...

This study investigates the impacts on government spending and its financing resources including tax revenues, oil revenues and government debts on GDP in Iran during 1350 to 1387 period. For this regards, Smooth Transition Regression (STR) model has been employed. The results show that, there is a significant nonlinear relationship among government spending and its financing resources and GDP ...

  Oil revenues play a significant role in the government budget in Iran and have also an important impact on GDP. This study aims at providing a practical solution for the question of how oil revenues should be managed. In this regard, a Computable General Equilibrium (CGE) model has developed to examine the direct effect of distribution of oil revenues on GDP in both static and dynamic approac...