Nowadays, the theory of political instabilities resulted from a rentier economy and a rentier state is once again criticized by academic circles and theorists in economic and political science. A majority of critics believe that empirical observations are not so much compatible with the instabilities resulted from this theory. Thus, this article tends to introduce instability as a factor creating economic fluctuations and study the case within the context of political business cycles. In fact, it attempts to discuss a new type of political business cycles which is a characteristic of rentier economies. This theoretical framework may be deemed as an exordium to design quantitative and technical models in the field of business cycles studies.
Gorgi,E and Eghbali,A R . (2011). Study of a Rentier Economy with an Emphasis on Political Business Cycles: A Theoretical Analysis. (e153). Research Letter of Political Science, vol.6(No 3), e153
MLA
Gorgi,E , and Eghbali,A R . "Study of a Rentier Economy with an Emphasis on Political Business Cycles: A Theoretical Analysis" .e153 , Research Letter of Political Science, vol.6, No 3, 2011, e153.
HARVARD
Gorgi E, Eghbali A R. (2011). 'Study of a Rentier Economy with an Emphasis on Political Business Cycles: A Theoretical Analysis', Research Letter of Political Science, vol.6(No 3), e153.
CHICAGO
E Gorgi and A R Eghbali, "Study of a Rentier Economy with an Emphasis on Political Business Cycles: A Theoretical Analysis," Research Letter of Political Science, vol.6 No 3 (2011): e153,
VANCOUVER
Gorgi E, Eghbali A R. Study of a Rentier Economy with an Emphasis on Political Business Cycles: A Theoretical Analysis. Ipsa Journal. 2011;vol.6(No 3):e153 (In Persian).
