Analyzing the Components of an Optimal Investment Guidance Model in Petro-refineries and Its Institutional Mapping onto Resistance Economy Policies

Articles in Press

Document Type : Research Paper

Authors
amirhosein khorshidiathar 1
mahdi Shahdani-Sadeghi 2
davood manzoor 2
Mohammad Hadi Zahedi Vafa 2
1 Imam sadeq U
2 isu
10.30497/ies.2026.246882.2239
Abstract
Realizing the strategic objectives of the Resistance Economy in Iran’s oil and gas sector necessitates a paradigm shift from selling raw hydrocarbons toward completing the value chain through petro-refinery complexes. The core problem addressed in this study is the absence of a comprehensive framework for "smart capital guidance" capable of aligning private sector profitability with the sovereign priorities outlined in high-level policy documents. This research employs a multi-stage qualitative methodology. First, through comparative benchmarking of nine leading countries, the key components of the model were identified in four clusters: governance, economic, technical, and market. Subsequently, utilizing the "Institutional Mapping" approach, the systematic links between these components and Articles 13, 14, and 15 of the General Policies of the Resistance Economy were established. The findings—validated through "data triangulation" and "pattern matching"—demonstrate that improving technical indicators such as the "Nelson Complexity Index" and the "Integration Rate" not only enhances project bankability but also secures geopolitical resilience by producing non-substitutable goods and establishing micro-marketing networks. Finally, the "Feedstock Holiday" was identified as the most effective financial instrument for resolving conflicts of interest and fostering economic endogeneity.
Keywords
Investment guidance Resistance Economy
Petro-refinery
Institutional Mapping
Value Chain
Islamic Economics Studies Bi-quarterly Journal

Articles in Press, Accepted Manuscript
Available Online from 19 January 2026