Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/200098 
Year of Publication: 
2019
Series/Report no.: 
Kiel Working Paper No. 2131
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade and welfare. We make use of the rich dimensionality of our data and of the latest developments in the structural gravity literature. Starting with a broad evaluation by sanction type, we carefully investigate the case of Iran. Effects are significant but also widely heterogeneous across sanctioning countries. Moreover, they depend on the direction of trade. We also perform a counterfactual analysis which translates our partial equilibrium sanction estimates into heterogeneous but intuitive general equilibrium effects within the same framework.
Subjects: 
Sanctions
Effectiveness of Sanctions
Structural Gravity
JEL: 
F1
F13
F14
F5
F51
H5
N4
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.