Political Economy of Oil in Post-Revolutionary Iran

This article tries to explore a preliminary analytical framework for explaining political economy of oil in post- revolutionary Iran. This analytical tool criticizes some elements of mainstream analytical approach that is called rentier state. The article as its Main founding shows that political variables are as important as economic variables in analyzing oil incomes in Iran’s post- revolutionary era. In this way, we must pay attention to revolutionary nature of political system, mutual relations between state and social groups and elite’s strategies and calculations in spending oil incomes for a better understanding of political economy of oil in postrevolutionary Iran.