The purpose of this paper is to study the “disinvestment effect” of a counterfactual electricity efficiency improvement in Iran. The Researchers apply a computable general equilibrium model with special assumptions about given electricity price, heterogeneous labor market, wage rigidity and imperfect capital mobility between sectors. It was found that after a 10% electricity efficiency improvem...

Money is a facilitator of economic activities, thus, formatting of economic activity is dependent on the institutionalizing of monetary system. In common monetary system, the weakness of common perception about money, publishing and distributing mechanism led to inefficiencies in optimal allocation of resources and welfare cost of inflation tax. Partial equilibrium model in compare with gener...

  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...