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Are U.S. sanctions off-target: Evidence from the Magnitsky act

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  • Djankov, Simeon
  • Su, Meng

Abstract

We compile data on US sanctions under the Magnitsky Act from 2017 to 2024 and find that such sanctions are weakly corelated with human rights abuses in the home countries of the sanctioned persons but are uncorrelated with perceptions of corruption.

Suggested Citation

  • Djankov, Simeon & Su, Meng, 2024. "Are U.S. sanctions off-target: Evidence from the Magnitsky act," Economics Letters, Elsevier, vol. 242(C).
    • Handle: RePEc:eee:ecolet:v:242:y:2024:i:c:s0165176524003732
    DOI: 10.1016/j.econlet.2024.111889
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    References listed on IDEAS

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    1. Erica Bosio & Simeon Djankov & Edward Glaeser & Andrei Shleifer, 2022. "Public Procurement in Law and Practice," American Economic Review, American Economic Association, vol. 112(4), pages 1091-1117, April.
    2. Peter Egger & Constantinos Syropoulos & Yoto V. Yotov, 2024. "Analyzing the effects of economic sanctions: Recent theory, data, and quantification," Review of International Economics, Wiley Blackwell, vol. 32(1), pages 1-11, February.
    3. Neuenkirch, Matthias & Neumeier, Florian, 2016. "The impact of US sanctions on poverty," Journal of Development Economics, Elsevier, vol. 121(C), pages 110-119.
    4. Constantinos Syropoulos & Gabriel Felbermayr & Aleksandra Kirilakha & Erdal Yalcin & Yoto V. Yotov, 2024. "The global sanctions data base–Release 3: COVID‐19, Russia, and multilateral sanctions," Review of International Economics, Wiley Blackwell, vol. 32(1), pages 12-48, February.
    5. Cristiane Lucena Carneiro & Laerte Apolinário, 2016. "Targeted Versus Conventional Economic Sanctions: What Is at Stake for Human Rights?," International Interactions, Taylor & Francis Journals, vol. 42(4), pages 565-589, August.
    6. Jerg Gutmann & Matthias Neuenkirch & Florian Neumeier, 2020. "Precision-guided or blunt? The effects of US economic sanctions on human rights," Public Choice, Springer, vol. 185(1), pages 161-182, October.
    7. T. Clifton Morgan & Constantinos Syropoulos & Yoto V. Yotov, 2023. "Economic Sanctions: Evolution, Consequences, and Challenges," Journal of Economic Perspectives, American Economic Association, vol. 37(1), pages 3-30, Winter.
    8. Kern Alexander, 2009. "The Origins and Use of Economic Sanctions," Palgrave Macmillan Books, in: Economic Sanctions, chapter 1, pages 8-29, Palgrave Macmillan.
    9. Antonis Adam & Sofia Tsarsitalidou, 2019. "Do sanctions lead to a decline in civil liberties?," Public Choice, Springer, vol. 180(3), pages 191-215, September.
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