How Do State-Owned Enterprises Adjust During Downturns : Evidence from Iranian Manufacturing Firms / Ebad Ebadi, Priscilla Toffano.
This paper investigates the role that state-owned enterprises (SOEs) played during periods of economic sanctions against Iran. Using difference-in-difference techniques and exploiting survey data on the manufacturing sector, our analysis shows that the sanctions reduced revenues, profits, and produc...
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| Online Access: |
Full Text (via IMF e-Library) |
|---|---|
| Main Author: | |
| Other Authors: | |
| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2022.
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| Series: | IMF working paper ;
WP/2022/200. |
| Subjects: |
MARC
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| 245 | 1 | 0 | |a How Do State-Owned Enterprises Adjust During Downturns : |b Evidence from Iranian Manufacturing Firms / |c Ebad Ebadi, Priscilla Toffano. |
| 264 | 1 | |a Washington, D.C. : |b International Monetary Fund, |c 2022. | |
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| 520 | 3 | |a This paper investigates the role that state-owned enterprises (SOEs) played during periods of economic sanctions against Iran. Using difference-in-difference techniques and exploiting survey data on the manufacturing sector, our analysis shows that the sanctions reduced revenues, profits, and productivity of both SOEs and private firms in targeted industries, with larger impacts in SOEs. In contrast to private firms, wages and employment levels increased in SOEs, suggesting that SOEs were used to protect employment during the economic crisis. In terms of distributional impacts, men were the hardest hit by the sanctions in private firms but benefited the most from the increase in wages in SOEs. | |
| 588 | |a Description based on print version record. | ||
| 650 | 7 | |a Comparison of Public and Private Enterprises |2 imf. | |
| 650 | 7 | |a Contracting Out |2 imf. | |
| 650 | 7 | |a Economics of Gender |2 imf. | |
| 650 | 7 | |a Non-Labor Discrimination |2 imf. | |
| 650 | 7 | |a Privatization |2 imf. | |
| 700 | 1 | |a Toffano, Priscilla. | |
| 776 | 0 | 8 | |i Print Version: |a Ebadi, Ebad |t How Do State-Owned Enterprises Adjust During Downturns: Evidence from Iranian Manufacturing Firms |d Washington, D.C. : International Monetary Fund, 2022. |z 9798400222085. |
| 830 | 0 | |a IMF working paper ; |v WP/2022/200. | |
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