Hadis Khonsary-Atighi NY

Total Page:16

File Type:pdf, Size:1020Kb

Hadis Khonsary-Atighi NY Economic Determinants of Domestic Investment in an Oil-Based Economy The Case of Iran (1965-2010) Khonsary-Atighi, Hadis Document Version Final published version Publication date: 2016 License CC BY-NC-ND Citation for published version (APA): Khonsary-Atighi, H. (2016). Economic Determinants of Domestic Investment in an Oil-Based Economy: The Case of Iran (1965-2010). Copenhagen Business School [Phd]. PhD series No. 14.2016 Link to publication in CBS Research Portal General rights Copyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights. Take down policy If you believe that this document breaches copyright please contact us ([email protected]) providing details, and we will remove access to the work immediately and investigate your claim. Download date: 24. Sep. 2021 COPENHAGEN BUSINESS SCHOOL ECONOMY: THE CASE OF IRAN (1965-2010) ECONOMIC DETERMINANTS OF DOMESTIC INVESTMENT IN AN OIL-BASED SOLBJERG PLADS 3 DK-2000 FREDERIKSBERG DANMARK WWW.CBS.DK ISSN 0906-6934 Print ISBN: 978-87-93339-92-7 Online ISBN: 978-87-93339-93-4 Hadis Khonsary-Atighi ECONOMIC DETERMINANTS OF DOMESTIC INVESTMENT IN AN OIL-BASED ECONOMY: THE CASE OF IRAN (1965-2010) The PhD School of Economics and Management PhD Series 14.2016 PhD Series 14-2016 ECONOMIC DETERMINANTS OF DOMESTIC INVESTMENT IN AN OIL-BASED ECONOMY: THE CASE OF IRAN (1965-2010) BY HADIS KHONSARY-ATIGHI JANUARY 2016 SUPERVISORS PROFESSOR ARI KOKKO; PROFESSOR KERRY PATTERSON IN PARTIAL FULFILLMENT OF THE REQUIREMENTS OF THE DEGREE OF DOCTOR OF PHILOSOPHY DEPARTMENT OF INTERNATIONAL ECONOMICS AND MANAGEMENT COPENHAGEN BUSINESS SCHOOL Hadis Khonsary-Atighi ECONOMIC DETERMINANTS OF DOMESTIC INVESTMENT IN AN OIL-BASED ECONOMY: THE CASE OF IRAN (1965-2010) 1st edition 2016 PhD Series 14.2016 © Hadis Khonsary-Atighi ISSN 0906-6934 Print ISBN: 978-87-93339-92-7 Online ISBN: 978-87-93339-93-4 “The Doctoral School of Economics and Management is an active national and international research environment at CBS for research degree students who deal with economics and management at business, industry and country level in a theoretical and empirical manner”. All rights reserved. No parts of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage or retrieval system, without permission in writing from the publisher. ACKNOWLEDGEMENTS I would like to express my sincere gratitude towards several persons who contributed to the completion of this PhD thesis. My special thanks go to my supervisors Professor Kerry Patterson and Professor Ari Kokko for their invaluable guidance when they were commenting on numerous versions of this PhD thesis. On a personal note, I would like to thank Professor Kerry Patterson for his trust in my abilities, for his great patience and for all his boundless help, support and inspiration from the beginning of the process of writing this thesis. Also, I am very grateful to Professor Ari Kokko who became my supervisor at a crucial time towards the end and continuously assisted me with the completion of this study. I would like to profoundly thank my PhD Assessment Committee for the time and expertise they have invested in giving me their insightful suggestions and corrections that immensely helped improve this thesis and for their generous support. I am greatly indebted to Professor Katarina Juselius for her invaluable help regarding the use of the CVAR methodology employed in this thesis. I feel privileged to have benefited from her expertise at a personal level also during the Summer School of Econometrics at the University of Copenhagen in 2012. I would like to sincerely thank Professor Masoud Karshenas both for his insightful feedback and for the diligent and encouraging responses that he generously offered to my questions. I am honored that I had the opportunity to work with and learn from him at such a level. My special thanks further go to Professor Finn Østrup, who kindly acted as the Committee Chair, for his thoughtful and constructive comments on various chapters of this thesis and for his support throughout the process of writing up this thesis. I am grateful to the Department of International Economics and Management at Copenhagen Business School. Among others, I am thankful to Professor Jens Gammelgaard, Professor Niels Mygind, Susanne Faurholdt and Evis Sinani for their academic, financial and administrative support during my stay at the Department. My special thanks go to Bente S. Ramovic for her kindness and boundless support during the assessment period. Combining the PhD studies with teaching was an enjoyable challenge. I would like to thank the Department for its assistance in the allocation of teaching hours and also my economics students for making the teaching experience such a pleasure for me. I would like to thank the Asia Research Centre at iii Copenhagen Business School and Professor Kjeld Erik Brødsgaard for making my studies at the Centre so enjoyable. I would like to thank the Oxford Centre for the Analysis of Resource-Rich Economies (OxCarre) at the University of Oxford for welcoming me during spring 2012. I would like to thank Professor Tony Venables and particularly Professor Frederik van der Ploeg who acted as my adviser during my stay at Oxford. I feel honored to have shared their insight on the subject of this study. I would like to thank the Centre for Euro-Asian Studies at the University of Reading and Professor Yelena Kalyuzhnova for her valuable comments on the subject of this study. I would also like to thank Professor Anthony D’Costa for his academic guidance. I would like to thank my wonderful and energizing PhD fellows, my inspiring friends and my supportive cousins for their ever-lasting love and their endless encouragement. My especial gratitude is given to my aunt who before passing away inspired me in many different ways in life and believed in me. I would like to thank my parents and my sister Melika for their unlimited love and support during the process of completion of this PhD thesis. Their love of knowledge inspired my choices in life and motivated me to embark on this rigorous and life-changing path. I would particularly like to thank my mother who was always ready to help and assisted me in many instances at the time when I most needed her. I would like to thank my baby girl Elina who remained an angel, adorable and cheerful in spite of the little attention I was able to give her at times. Last but not least, I would like to give my heartfelt thanks to my dear husband Stefan who with his intellect and great interest for science, boundlessly and continuously encouraged me, assisted me and cared for me during the process of writing this thesis. Thanks to him and his simplicity, many difficulties disappeared and many simple things looked wonderful and special. Needless to say, his devotion, sacrifice and patience along with his immense practical and emotional support carried me through the challenging times and made it possible for me to complete this PhD thesis. iv Dedicated to my parents to Stefan and to the memory of my aunt v vi ABSTRACT (IN ENGLISH) The central focus of this thesis is the identification of theory-consistent economic determinants of aggregate and sectoral domestic investment in the context of the oil-rich and oil-based economy of Iran within the theoretical framework of modified neoclassical-accelerator type investment models. This thesis further attempts to extend this theoretically consistent framework by incorporating oil-driven financial constraint measures such as specified by cash flow models. The latter is justified on the basis of the presence of imperfect capital markets in Iran and the inherent uncertainty associated with the availability of oil-driven finance for investment due to the unpredictable nature of oil prices. A CVAR method is being employed to determine the theory-consistent long-run relationships between the variables of interest during 1974-2011. Motivated by the existing gaps in the investment and natural resource curse literature, the main objectives of the thesis include investigating: (i) the extent to which the theoretical framework is able to explain investment in the Iranian context and the underlying reasons for the (expected) partial applicability of such a framework; (ii) the relation between oil and investment patterns; and (iii) sectoral shifts during the process of capital accumulation and the role of the state in this process. Hence, the findings of this thesis contribute to current debates in the literature on the economics of natural resources and on investment, as well as to the application of the investment literature in the context of oil-abundant and -dependent economies like Iran. The empirical results, interestingly, showed that aggregate investment largely corresponds to factors which lie within the above theoretical framework. Notably, such a framework made it possible to make inferences and to draw policy implications based on the theoretically motivated long-run relationships between economic determinants of investment. It further allowed exploring how well such a framework, in the context of partial-market oil-driven economies like Iran, was applicable with some modifications that were needed to make the framework more appropriate for such economies. Consistent with the predictions of the theory, at large, investment was strongly and positively related to output and the growth rate of capital in the long-run. Also, as expected by the theory, investment was negatively related to inflation, which was used as a proxy for the user cost of capital.
Recommended publications
  • Geopolitics, Oil Law Reform, and Commodity Market Expectations
    OKLAHOMA LAW REVIEW VOLUME 63 WINTER 2011 NUMBER 2 GEOPOLITICS, OIL LAW REFORM, AND COMMODITY MARKET EXPECTATIONS ROBERT BEJESKY * Table of Contents I. Introduction .................................... ........... 193 II. Geopolitics and Market Equilibrium . .............. 197 III. Historical U.S. Foreign Policy in the Middle East ................ 202 IV. Enter OPEC ..................................... ......... 210 V. Oil Industry Reform Planning for Iraq . ............... 215 VI. Occupation Announcements and Economics . ........... 228 VII. Iraq’s 2007 Oil and Gas Bill . .............. 237 VIII. Oil Price Surges . ............ 249 IX. Strategic Interests in Afghanistan . ................ 265 X. Conclusion ...................................... ......... 273 I. Introduction The 1973 oil supply shock elevated OPEC to world attention and ensconced it in the general consciousness as a confederacy that is potentially * M.A. Political Science (Michigan), M.A. Applied Economics (Michigan), LL.M. International Law (Georgetown). The author has taught international law courses for Cooley Law School and the Department of Political Science at the University of Michigan, American Government and Constitutional Law courses for Alma College, and business law courses at Central Michigan University and the University of Miami. 193 194 OKLAHOMA LAW REVIEW [Vol. 63:193 antithetical to global energy needs. From 1986 until mid-1999, prices generally fluctuated within a $10 to $20 per barrel band, but alarms sounded when market prices started hovering above $30. 1 In July 2001, Senator Arlen Specter addressed the Senate regarding the need to confront OPEC and urged President Bush to file an International Court of Justice case against the organization, on the basis that perceived antitrust violations were a breach of “general principles of law.” 2 Prices dipped initially, but began a precipitous rise in mid-March 2002.
    [Show full text]
  • The Relationship Between Inflation Rate, Oil Revenue and Taxation In
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by International Institute for Science, Technology and Education (IISTE): E-Journals Journal of Economics and Sustainable Development www.iiste.org ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online) Vol.4, No.19, 2013 The Relationship between Inflation Rate, Oil Revenue and Taxation in IRAN: Based OLS Methodology Kamyar Radnia Economics Department, School of Social Science, Universiti Sains Malaysia (U.S.M), Paulu Pinang 11800, Malaysia *Email: [email protected] Abstract In this paper we investigate the relationship between inflation behaviors relying to using oil revenue and taxation revenue as two distinguish original sources in Iranian economy. We employ the Ordinary Least Square (OLS) as methods for analysis data in short and long run periods. In this study, we found that the oil revenue and corporate tax are significant variables to measurement of consumer price index. Taxation has both positive and negative impact in economic growth and consumer price index due to increasing and decreasing inflation rate. Since increase export oil cause to increasing in price level in Iran, government ought to try to allocate the earning from selling of oil. On the other side, increasing in corporate tax cause to price level rises. So, policy makers and economics should reduces taxation on corporate to make incentive in investors to more investment. Key Words: Microeconomic variables, Inflation rate, Taxation, OLS Methodology, Iranian economy 1. Introduction The history of oil exploration and extraction dates back a long time ago, especially for Iran. The base of the Iranian economy has been placed on the extraction of natural resources.
    [Show full text]
  • Health Sector Evolution Plan in Iran; Equity and Sustainability Concerns
    http://ijhpm.com Int J Health Policy Manag 2015, 4(10), 637–640 doi 10.15171/ijhpm.2015.160 Editorial Health Sector Evolution Plan in Iran; Equity and Sustainability Concerns Maziar Moradi-Lakeh1,2*, Abbas Vosoogh-Moghaddam3,4 Abstract Article History: In 2014, a series of reforms, called as the Health Sector Evolution Plan (HSEP), was launched in the health system of Received: 22 May 2015 Iran in a stepwise process. HSEP was mainly based on the fifth 5-year health development national strategies (2011- Accepted: 27 August 2015 2016). It included different interventions to: increase population coverage of basic health insurance, increase quality ePublished: 31 August 2015 of care in the Ministry of Health and Medical Education (MoHME) affiliated hospitals, reduce out-of-pocket (OOP) payments for inpatient services, increase quality of primary healthcare, launch updated relative value units (RVUs) of clinical services, and update tariffs to more realistic values. The reforms resulted in extensive social reaction and different professional feedback. The official monitoring program shows general public satisfaction. However, there are some concerns for sustainability of the programs and equity of financing. Securing financial sources and fairness of the financial contribution to the new programs are the main concerns of policy-makers. Healthcare providers’ concerns (as powerful and influential stakeholders) potentially threat the sustainability and efficiency of HSEP. Previous experiences on extending health insurance coverage show that they can lead to a regressive healthcare financing and threat financial equity. To secure financial sources and to increase fairness, the contributions of people to new interventions should be progressive by their income and wealth.
    [Show full text]
  • Worldwide Estate and Inheritance Tax Guide
    Worldwide Estate and Inheritance Tax Guide 2021 Preface he Worldwide Estate and Inheritance trusts and foundations, settlements, Tax Guide 2021 (WEITG) is succession, statutory and forced heirship, published by the EY Private Client matrimonial regimes, testamentary Services network, which comprises documents and intestacy rules, and estate Tprofessionals from EY member tax treaty partners. The “Inheritance and firms. gift taxes at a glance” table on page 490 The 2021 edition summarizes the gift, highlights inheritance and gift taxes in all estate and inheritance tax systems 44 jurisdictions and territories. and describes wealth transfer planning For the reader’s reference, the names and considerations in 44 jurisdictions and symbols of the foreign currencies that are territories. It is relevant to the owners of mentioned in the guide are listed at the end family businesses and private companies, of the publication. managers of private capital enterprises, This publication should not be regarded executives of multinational companies and as offering a complete explanation of the other entrepreneurial and internationally tax matters referred to and is subject to mobile high-net-worth individuals. changes in the law and other applicable The content is based on information current rules. Local publications of a more detailed as of February 2021, unless otherwise nature are frequently available. Readers indicated in the text of the chapter. are advised to consult their local EY professionals for further information. Tax information The WEITG is published alongside three The chapters in the WEITG provide companion guides on broad-based taxes: information on the taxation of the the Worldwide Corporate Tax Guide, the accumulation and transfer of wealth (e.g., Worldwide Personal Tax and Immigration by gift, trust, bequest or inheritance) in Guide and the Worldwide VAT, GST and each jurisdiction, including sections on Sales Tax Guide.
    [Show full text]
  • OIL and the IRANIAN ECONOMY THESIS Presented to the Graduate
    AI OIL AND THE IRANIAN ECONOMY THESIS Presented to the Graduate Council of the North Texas State University in Partial Fulfillment of the Requirements For the Degree of MASTER OF ARTS By Farhad Rassekh Denton, Texas August, 1978 ABSTRACT Rassekh, Farhad, Oil and the Iranian Economy. Master of Arts (Economics), August, 1978, 86 pp., 23 tables, bibli- ography, 56 titles. This study is concerned with the relationship between the Iranian Oil Industry and Iranian economy. Oil revenues have been the largest source for financing economic develop- ment plans and for obtaining foreign exchange. In this paper, the history of the Iranian oil industry is summarized, and five previously implemented developmental plans are analyzed. Additionally, the impact of oil on some economic sectors and its contribution to GNP is examined. The strong correlation between oil reserves and the economy may bring a problem in the future when oil reserves run out. Iranian economists believe that the economy must be industrialized in order to reduce the economy's reliance on oil. This paper recommends that all the economic sectors, particularly agriculture, should receive careful consideration, even though the national goal is to industrialize the economy. TABLE OF CONTENTS Page LIST OF TABLES . * , * * * * * * * * a W* a v LIST OF ILLUSTRATIONS .i... , , .,., Vii Chapter I. INTRODUCTION . , , , . Purpose Method of Procedure Significance of the Problem Source of Data Definition of Terms II. SUMMARY OF OIL HISTORY IN IRAN . 10 Searching for Oil Anglo Persian Oil Company (APOC) The 1933 Concession Oil Nationalization and NIOC The 1954 Agreement and Consortium OPEC Petroleum Act and New Agreement III.
    [Show full text]
  • Working Paper 442 November 2016
    Fiscal Policy, Inequality and Poverty in Iran: Assessing the Impact and Effectiveness of Taxes and Transfers the Poor in the Developing World Ali Enami, Nora Lustig, and Alireza Taqdiri Abstract Using the Iranian Household Expenditure and Income Survey (HEIS) for 2011/12, we apply the marginal contribution approach to determine the impact and effectiveness of each fiscal intervention, and the fiscal system as a whole, on inequality and poverty. Net direct and indirect taxes combined reduce the Gini coefficient by 0.0644 points and the headcount ratio by 61 percent. When the monetized value of in-kind benefits in education and health are included, the reduction in inequality is 0.0919 Gini points. Based on the magnitudes of the marginal contributions, we find that the main driver of these reductions is the Targeted Subsidy Program, a universal cash transfer program implemented in 2010 to compensate individuals for the elimination of energy subsidies. The main reduction in poverty occurs in rural areas, where the headcount ratio declines from 44 to 23 percent. In urban areas, fiscally-induced poverty reduction is more modest: the headcount ratio declines from 13 to 5 percent. Taxes and transfers are similar in their effectiveness in achieving their inequality-reducing potential. By achieving 40 percent of its inequality-reducing potential, the income tax is the most effective intervention on the revenue side. On the spending side, Social Assistance transfers are the most effective and they achieve 45 percent of their potential. Taxes are especially effective in raising revenue without causing poverty to rise, indicating that the poor are largely spared from being taxed.
    [Show full text]
  • Economic Determinants of Domestic Investment in an Oil-Based Economy: the Case of Iran (1965-2010)
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Khonsary-Atighi, Hadis Doctoral Thesis Economic Determinants of Domestic Investment in an Oil-Based Economy: The Case of Iran (1965-2010) PhD Series, No. 14.2016 Provided in Cooperation with: Copenhagen Business School (CBS) Suggested Citation: Khonsary-Atighi, Hadis (2016) : Economic Determinants of Domestic Investment in an Oil-Based Economy: The Case of Iran (1965-2010), PhD Series, No. 14.2016, ISBN 9788793339934, Copenhagen Business School (CBS), Frederiksberg, http://hdl.handle.net/10398/9456 This Version is available at: http://hdl.handle.net/10419/208969 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen
    [Show full text]
  • Cesifo Working Paper No. 4824 Category 10: Energy and Climate Economics June 2014
    A Service of Leibniz-Informationszentrum econstor Wirtschaft Leibniz Information Centre Make Your Publications Visible. zbw for Economics Farzanegan, Mohammad Reza; Habibpour, Mohammad Working Paper Direct Distribution of Rents and the Resource Curse in Iran: A Micro-econometric Analysis CESifo Working Paper, No. 4824 Provided in Cooperation with: Ifo Institute – Leibniz Institute for Economic Research at the University of Munich Suggested Citation: Farzanegan, Mohammad Reza; Habibpour, Mohammad (2014) : Direct Distribution of Rents and the Resource Curse in Iran: A Micro-econometric Analysis, CESifo Working Paper, No. 4824, Center for Economic Studies and ifo Institute (CESifo), Munich This Version is available at: http://hdl.handle.net/10419/102237 Standard-Nutzungsbedingungen: Terms of use: Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Documents in EconStor may be saved and copied for your Zwecken und zum Privatgebrauch gespeichert und kopiert werden. personal and scholarly purposes. Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle You are not to copy documents for public or commercial Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich purposes, to exhibit the documents publicly, to make them machen, vertreiben oder anderweitig nutzen. publicly available on the internet, or to distribute or otherwise use the documents in public. Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, If the documents have been made available under an Open gelten abweichend von diesen Nutzungsbedingungen die in der dort Content Licence (especially Creative Commons Licences), you genannten Lizenz gewährten Nutzungsrechte. may exercise further usage rights as specified in the indicated licence. www.econstor.eu Direct Distribution of Rents and the Resource Curse in Iran: A Micro-econometric Analysis Mohammad Reza Farzanegan Mohammad Habibpour CESIFO WORKING PAPER NO.
    [Show full text]
  • Iran-Science-And-Technology-Review-Book-Gecomprimeerd 0.Pdf
    Acknowledgement SCIENCE AND Given its mission in the field of international cooperation in science and technology and with the aim TECHNOLOGY of introducing some of the country’s technological capabilities and S & T diplomacy development, the IRAN Center for International S & T Cooperation (CISTC) has prepared the present book on Feb. 2019. It IN IRAN: contains several sections including history and background, policies and strategies, capacities and capabilities (human resources, scientific productivity, products and achievements), and authorities in A BRIEF REVIEW 2019 different technology areas. The present book is an updated version of "Science and Technology in Iran: A Brief Review" which has already been prepared on Aug. 2017. Compiled by: Iranian Technology and Innovation Development Institute Published by: Didar Parsian Publications Other contributors: • Deputy for Policy-making and Development of the Vice-Presidency for Science and Technology • Center for Progress and Development of Iran • Iran Nanotechnology Innovation Council • Biotechnology Development Council • Council for Stem Cell Sciences and Technologies • Cognitive Sciences and Technologies Council • National Council for Science & Technology Development of Medicinal & Aromatic Plants and Traditional Medicine • Digital Economy and Smart Technology Development Council • Technology Development Council of Water, Drought, Erosion & Environment • Soft Technology Development Council • Technology Development Council for Space and Advanced Transportation • Energy Technology Development Council • Pardis Technology Park • Knowledge-Based Firms Contents Iran at a Glance Cultural and Creative Industries Iran, Cradle of Civilization 8 I. History and Background 112 National Policy Documents on Science, Technology and Innovation (STI) 10 II. Objectives and Strategies 112 Main National Policies on STI 11 III. Capacities and Capabilities 113 Comprehensive Document of International Scientific Relations of IRI 12 IV.
    [Show full text]
  • DIRECT TAXES ACT Approved on February 22, 1988 (INCLUDING ALL AMENDMENTS up to JULY 22, 2015)
    DIRECT TAXES ACT Approved on February 22, 1988 (INCLUDING ALL AMENDMENTS UP TO JULY 22, 2015) (INTEGRATED TEXT) Translated by: The Late Dr. Mohammad Tavakkol, Morteza Mollanazar & Dr. Alireza Khanjan Iranian National Tax Administration (INTA) Email: [email protected]; INTA English Website: en.intamedia.ir All rights reserved. Tehran, Spring 2016 ان اردادی : اﯾان . ا و ام - Iran. Laws and Regulations ان و م آور : Direct Taxes Act of February 1988: Including all Amendments up to July 2015 (Integrated Text) / Translated by Mohammad Tavakkol, Morteza Mollanazar & Alireza Khanjan ت : ان : : ت ظھی : ص . : ددا : ا . ع : ت -- ا و رات -- اﯾان ع : ت درآ -- ا و رات -- اﯾان اوده : ، ، ١٣٠١ - ١٣٨۵ ، اوده : Tavakkol, Mohammad اوده : ، ، اوده : Mollanazar, Morteza اوده : ن ن، اوده : Khanjan, Alireza اوده : رده ی ه : رده ی دﯾﯾ : ره : Book Title: Direct Taxes Act of February 1988: Including all Amendments up to July 22, 2015 Translated by: Mohammad Tavakkol, Morteza Mollanazar & Alireza Khanjan Publisher: Circulation: Layout by: © All rights reserved for Iranian National Tax Administration Iranian National Tax Administration E-mail: [email protected] PREFACE Introductory Remarks by the INTA President Undoubtedly, a strong intention exists for the development of a modern Taxation System within the framework of the Iran's Economic Development Plan. In order to meet this goal some major, nation-wide and complicated measures are to be taken. One of the basic areas in the realm of the aforementioned measures is making appropriate reforms in the taxation law of the Country, which is of a great significance as the charter for the administration of the tax system.
    [Show full text]
  • Journal of Energy History Revue D'histoire De L'énergie Machineries of Oil: an Infrastructural History of BP in Iran (Katay
    Journal of Energy History Revue d’histoire de l’énergie AUTEUR Clarence Hatton-Proulx Machineries of Oil: An Graduate student in Science Infrastructural History of BP in Iran and Technology Studies, York University, Canada. (Katayoun Shafiee, 2018) DATE DE PUBLICATION Référence bibliographique 08/04/2019 Katayoun Shafiee,Machineries of Oil: An Infrastructural History NUMÉRO DE LA REVUE of BP in Iran (Cambridge, MA: MIT Press, 2018). JEHRHE #2 SECTION Résumé Recensions L’ouvrage de Katayoun Shafiee se penche sur l’histoire de MOTS-CLÉS British Petroleum (BP) en Iran, de 1901 à 1954. Le livre montre Pétrole, Politique, Entreprise, comment la multinationale a développé toute une série de Contestation, Savoirs pratiques visant à déplacer les revendications politiques DOI égalitaires des travailleurs du pétrole vers des calculs tech- en cours no-économiques. Ces calculs sont parties prenantes de la constitution d’un vaste réseau d’alliés (des autres majors POUR CITER CET ARTICLE pétrolières aux gouvernements occidentaux). Ils participent Clarence Hatton-Proulx, ainsi de la transformation de la politique au Moyen-Orient, et « Machineries of Oil: An de la formation du régime énergétique de notre monde. Infrastructural History of BP in Iran (Katayoun Shafiee, Remerciements 2018) », Journal of Energy The author would like to thank Marc Letremble for his kind History/Revue d’Histoire de comments. l’Énergie [En ligne], n° 2, mis en ligne le 08 April 2019, Plan de l’article URL : energyhistory.eu/en/ → Concessions and geological reports as “political node/119. weapons” → Dividing profits, dividing labor → Nationalization, backlash, and strategies of “masterly inactivity” → Social technologies and the shuttering of political alternatives ISSN 2649-3055 JEHRHE #2 | RECENSIONS P.
    [Show full text]
  • Development of Energy Sector in Iran in Light of Energy Trilemma. an Analysis of Legal and Policy Challenges
    Development of Energy Sector in Iran in Light of Energy Trilemma. An Analysis of Legal and Policy Challenges Mohammad Mohsen Masjedi ADVERTIMENT. L'accés als continguts d'aquesta tesi doctoral i la seva utilització ha de respectar els drets de la persona autora. Pot ser utilitzada per a consulta o estudi personal, així com en activitats o materials d'investigació i docència en els termes establerts a l'art. 32 del Text Refós de la Llei de Propietat Intel·lectual (RDL 1/1996). Per altres utilitzacions es requereix l'autorització prèvia i expressa de la persona autora. En qualsevol cas, en la utilització dels seus continguts caldrà indicar de forma clara el nom i cognoms de la persona autora i el títol de la tesi doctoral. No s'autoritza la seva reproducció o altres formes d'explotació efectuades amb finalitats de lucre ni la seva comunicació pública des d'un lloc aliè al servei TDX. Tampoc s'autoritza la presentació del seu contingut en una finestra o marc aliè a TDX (framing). Aquesta reserva de drets afecta tant als continguts de la tesi com als seus resums i índexs. ADVERTENCIA. El acceso a los contenidos de esta tesis doctoral y su utilización debe respetar los derechos de la persona autora. Puede ser utilizada para consulta o estudio personal, así como en actividades o materiales de investigación y docencia en los términos establecidos en el art. 32 del Texto Refundido de la Ley de Propiedad Intelectual (RDL 1/1996). Para otros usos se requiere la autorización previa y expresa de la persona autora.
    [Show full text]