The Impacts of Privatization on Petrochemical Exports (the Case of Polyethylene)

Document Type : Original Article

Authors

1 Assistant Professor of Economics, Faculty of Economics and Political Sciences, Shahid Beheshti University

2 Associate Professor of Economics, Faculty of Economics and Political Sciences, Shahid Beheshti University

3 MA in Economics, Faculty of Economics and Political Sciences, Shahid Beheshti University

Abstract

Iran is ranked as the second country in Gas production and fifth country in crude oil production and has a petrochemical industry. This Industry has the first place in non-oil exports and privatization is accrued in this industry. In this paper, we study the impacts of privatization on polyethylene exports of four Iran’s petrochemical firms, i.e Amirkabir, Jam, Maroon, Arya Sasol, in the period of 2004-2015 by using the dynamic panel. Results show that in this period, privatization has a negative effect on the weight of exports in this industry. Therefore the privatization processes need to be revised in this industry

Keywords

References

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Journal of Economics and Modelling
Volume 9, Issue 2 - Serial Number 34
September 2018
Pages 101-124

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