VOL. XXXIX No. 62 2-December-1996

PUBLICATION RECEIVED Government Subsidies and Demand for Petroleum Products in Iran by Djavad Salehi-Isfahani. Published by the Oxford Institute for Energy Studies (OIES), 57 Woodstock Road, Oxford OX2 6FA, United Kingdom. Tel: (01865) 311377. Fax: (01865) 310527.

Like most other petroleum-exporting countries, Iran subsidizes domestic consumption of refined products. Real product prices have declined for the past 25 years while the rest of the world has...