چکیده انگلیسی:
In this paper, we analyze the effects of oil revenue shocks on different sectors of the Iranian economy. We use quarterly data of the Iranian economy from 1988:2 to 2011:1 to analyze a time-varying parameter VAR model with the Bayesian method. The results show that in the late 1980s and early 1990s, the positive effects of oil revenue were mostly emerged in the industrial and oil sectors, having almost no effect on services sector and negative effect on agricultural sector. In the 2000s, oil revenue is relatively less effective in the industrial sector, while more effective in the agricultural and services sectors.
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