The Impacts of Economic Sanctions on Iran's Economic Growth

This paper investigates direct impacts of economic sanctions on Iran’s economic growth from 1978 (Islamic revolution) till 2010. Data variables, apart from sanctions have considered from 1966 till 2010. Analysis method includes econometric method of vector autoregressive distributed lags (ARDL). Findings show that before extensive oil and banking sanctions against country in last two years (2013- 2014), sanctions did not have a direct and significant influence on GDP growth per worker in Iran (without considering oil).