Obstacles against Oil Industry Development Considering Factors Responsible for Stagnation in Iranian Industry during the Time Period of 2004 to 2014
Author(s):
Abstract:
Economic and oil sanctions against the I.R.Iran have played an important role in the stagnation of Iran's oil industry in the last 10 years, especially after the sanctions were intensified in July 2012. Iran's ability to produce oil declined and its oil exports were decreased by 50 percent over this period. But, many analysts believe that the sanctions were not the only factor that affected Iran's petroleum industry and the problem of mismanagement among high-level executives and high-level managers in oil industry has played an important role in its growing stagnation. Some other experts emphasize the role of fluctuations in the world oil market. However, there is no accurate figures about the effects of each factors because of the existence of several variables but, this article by using Analytical Hierarchy Process (AHP) method, explore the weight of each effective factor. The calculations based on this method show that from 2004 to 2014 mismanagement in oil industry was responsible up to 35/5 percent, mismanagement in high-level executives was responsible up to 33/5 percent and the economic sanctions responsible only up to 31 percent in the stagnation of Iran's oil industry. Based on the statistical data resulting from this research, we can study influential factors on oil industry development with a new attitude and put emphasis on the neccessity of removing existing obstacles and implementing institutional and structrual reforms to achieve the goal of oil industry development and eventually, sustainable development on the basis of developing comprenensive economic institutions.
Keywords:
Language:
Persian
Published:
Rahbord Journal, Volume:26 Issue: 84, 2017
Page:
59
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