The Impact of Oil Shocks on Iranian Tax Revenue Using the BVAR Model

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

SEPEHRDOUST HAMID; Mohtashami Sara; Fatemi zardan Yaghob

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN Year:2022 | Volume:11 | Issue:41 Page(s): 129-169

Download Full-Text

Persian Verion

View:

Download:

Cites:

Information Journal Paper

Title

The Impact of Oil Shocks on Iranian Tax Revenue Using the BVAR Model

Author(s)

SEPEHRDOUST HAMID | Mohtashami Sara | Fatemi zardan Yaghob | Issue Writer Certificate

Keywords

Oil Shock

Tax Revenue

Fiscal Policy

BVAR

Abstract

Oil Shocks, due to economic sanctions and income restrictions, have cost the government dearly in recent years, and it is important to examine their effects, especially in terms of declining Tax Revenues. Unfortunately, the imposition of various international sanctions on Iran in recent years and declining oil revenues due to declining oil exports on the one hand, as well as declining crude oil prices globally, have had devastating effects on macroeconomic variables such as taxes, government spending and economic growth. The purpose of this study is to investigate the effects of Oil Shocks on Iran's Tax Revenues using the Bayesian self-regression (BVAR) method and considering the variables of the total tax, indirect tax, direct tax, government expenditure, and GDP during the years 1991-2019. The results of the study of instantaneous reaction and analysis of variance functions show that oil revenue shocks, at a declining rate, have a positive effect on direct and indirect Tax Revenues, indicating the government's tendency to rely on Tax Revenues and expand tax bases. With declining oil revenues, if tax bases are not strengthened, Tax Revenues will fall and, assuming other conditions remain stable, will lead to a larger government budget deficit. The results indicate that the response of direct and indirect taxes to Oil Shocks is significant but small, that shows the poor performance of the country's tax system in response to oil developments. Therefore, any decline in oil revenues, in addition to reducing Tax Revenues, also leads to a decrease in GDP and other government revenues,therefore, to increase Tax Revenues, fundamental measures and changes must be taken and strengthened within the government structure.

Cites

No record.

References

No record.

Cite

APA: Copy

SEPEHRDOUST, HAMID, Mohtashami, Sara, & Fatemi zardan, Yaghob. (2022). The Impact of Oil Shocks on Iranian Tax Revenue Using the BVAR Model. JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN, 11(41 ), 129-169. SID. https://sid.ir/paper/1049176/en

Vancouver: Copy

SEPEHRDOUST HAMID, Mohtashami Sara, Fatemi zardan Yaghob. The Impact of Oil Shocks on Iranian Tax Revenue Using the BVAR Model. JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN[Internet]. 2022;11(41 ):129-169. Available from: https://sid.ir/paper/1049176/en

IEEE: Copy

HAMID SEPEHRDOUST, Sara Mohtashami, and Yaghob Fatemi zardan, “The Impact of Oil Shocks on Iranian Tax Revenue Using the BVAR Model,” JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN, vol. 11, no. 41 , pp. 129–169, 2022, [Online]. Available: https://sid.ir/paper/1049176/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops