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Political economy of international sanctions

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  • Gutmann, Jerg
  • Neuenkirch, Matthias
  • Neumeier, Florian

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Suggested Citation

  • Gutmann, Jerg & Neuenkirch, Matthias & Neumeier, Florian, 2024. "Political economy of international sanctions," ILE Working Paper Series 81, University of Hamburg, Institute of Law and Economics.
  • Handle: RePEc:zbw:ilewps:81
    Note: Contribution prepared for the Elgar Encyclopedia of Public Choice
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    References listed on IDEAS

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    1. Dursun Peksen, 2019. "When Do Imposed Economic Sanctions Work? A Critical Review of the Sanctions Effectiveness Literature," Defence and Peace Economics, Taylor & Francis Journals, vol. 30(6), pages 635-647, September.
    2. Kaemfer, William H & Lowenberg, Anton D, 1988. "The Theory of International Economic Sanctions: A Public Choice Approach," American Economic Review, American Economic Association, vol. 78(4), pages 786-793, September.
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    4. 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.
    5. Neuenkirch, Matthias & Neumeier, Florian, 2016. "The impact of US sanctions on poverty," Journal of Development Economics, Elsevier, vol. 121(C), pages 110-119.
    6. Kaempfer, William H & Lowenberg, Anton D, 1989. "The Theory of International Economic Sanctions--A Public Choice Approach: Reply," American Economic Review, American Economic Association, vol. 79(5), pages 1304-1306, December.
    7. Jerg Gutmann & Matthias Neuenkirch & Florian Neumeier, 2021. "Sanctioned to Death? The Impact of Economic Sanctions on Life Expectancy and its Gender Gap," Journal of Development Studies, Taylor & Francis Journals, vol. 57(1), pages 139-162, January.
    8. Morteza Ghomi, 2022. "Who is afraid of sanctions? The macroeconomic and distributional effects of the sanctions against Iran," Economics and Politics, Wiley Blackwell, vol. 34(3), pages 395-428, July.
    9. Matthieu Crozet & Julian Hinz, 2020. "Friendly fire: the trade impact of the Russia sanctions and counter-sanctions," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 35(101), pages 97-146.
    10. David Lektzian & Gor Mkrtchian, 2021. "The effect of sanctions on economic freedom," Social Science Quarterly, Southwestern Social Science Association, vol. 102(6), pages 2776-2794, November.
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    13. Dursun Peksen & Byunghwan Son, 2015. "Economic coercion and currency crises in target countries," Journal of Peace Research, Peace Research Institute Oslo, vol. 52(4), pages 448-462, July.
    14. Mohammad Reza Farzanegan & Bernd Hayo, 2019. "Sanctions and the shadow economy: empirical evidence from Iranian provinces," Applied Economics Letters, Taylor & Francis Journals, vol. 26(6), pages 501-505, March.
    15. 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.
    16. Barry, Colin M. & Kleinberg, Katja B., 2015. "Profiting from Sanctions: Economic Coercion and US Foreign Direct Investment in Third-Party States," International Organization, Cambridge University Press, vol. 69(4), pages 881-912, October.
    17. Seung-Whan Choi & Shali Luo, 2013. "Economic Sanctions, Poverty, and International Terrorism: An Empirical Analysis," International Interactions, Taylor & Francis Journals, vol. 39(2), pages 217-245, April.
    18. 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.
    19. Dursun Peksen & A. Cooper Drury, 2010. "Coercive or Corrosive: The Negative Impact of Economic Sanctions on Democracy," International Interactions, Taylor & Francis Journals, vol. 36(3), pages 240-264, August.
    20. Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 2009. "Economic Sanctions Reconsidered, 3rd Edition softcover with CD," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4310, January.
    21. Attia, Hana & Grauvogel, Julia & von Soest, Christian, 2020. "The termination of international sanctions: explaining target compliance and sender capitulation," European Economic Review, Elsevier, vol. 129(C).
    22. Mirko Draca & Jason Garred & Leanne Stickland & Nele Warrinnier, 2023. "On Target? Sanctions and the Economic Interests of Elite Policymakers in Iran," The Economic Journal, Royal Economic Society, vol. 133(649), pages 159-200.
    23. Ahn, Daniel P. & Ludema, Rodney D., 2020. "The sword and the shield: The economics of targeted sanctions," European Economic Review, Elsevier, vol. 130(C).
    24. van Aaken, Anne & Simsek, Betül, 2021. "Rewarding in International Law," ILE Working Paper Series 47, University of Hamburg, Institute of Law and Economics.
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    26. William H. Kaempfer & Anton D. Lowenberg & William Mertens, 2004. "International Economic Sanctions Against a Dictator," Economics and Politics, Wiley Blackwell, vol. 16(1), pages 29-51, March.
    27. 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.
    28. Wondeuk Cho, 2019. "Making Dictators’ Pockets Empty: How Do U.S. Sanctions Influence Social Policies in Autocratic Countries?," Defence and Peace Economics, Taylor & Francis Journals, vol. 30(6), pages 648-665, September.
    29. Felbermayr, Gabriel & Morgan, T. Clifton & Syropoulos, Constantinos & Yotov, Yoto V., 2021. "Understanding economic sanctions: Interdisciplinary perspectives on theory and evidence," European Economic Review, Elsevier, vol. 135(C).
    30. Firat Demir & Saleh S. Tabrizy, 2022. "Gendered effects of sanctions on manufacturing employment: Evidence from Iran," Review of Development Economics, Wiley Blackwell, vol. 26(4), pages 2040-2069, November.
    31. Glen Biglaiser & David Lektzian, 2020. "The effects of economic sanctions on targeted countries’ stock markets," International Interactions, Taylor & Francis Journals, vol. 46(4), pages 526-550, July.
    32. repec:wsr:wpaper:y:2015:i:138 is not listed on IDEAS
    33. Hoon Lee & David Lektzian & Glen Biglaiser, 2023. "The Effects of Economic Sanctions on Foreign Asset Expropriation," Journal of Conflict Resolution, Peace Science Society (International), vol. 67(2-3), pages 266-296, February.
    34. Oliver Hart & David Thesmar & Luigi Zingales, 2024. "Private sanctions," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 39(117), pages 203-268.
    35. Taehee Whang & Elena V. McLean & Douglas W. Kuberski, 2013. "Coercion, Information, and the Success of Sanction Threats," American Journal of Political Science, John Wiley & Sons, vol. 57(1), pages 65-81, January.
    36. Dominic P. Parker & Jeremy D. Foltz & David Elsea, 2016. "Unintended Consequences of Sanctions for Human Rights: Conflict Minerals and Infant Mortality," Journal of Law and Economics, University of Chicago Press, vol. 59(4), pages 731-774.
    37. Emre Hatipoglu & Dursun Peksen, 2018. "Economic Sanctions and Banking Crises in Target Economies," Defence and Peace Economics, Taylor & Francis Journals, vol. 29(2), pages 171-189, February.
    38. Afesorgbor, Sylvanus Kwaku, 2019. "The impact of economic sanctions on international trade: How do threatened sanctions compare with imposed sanctions?," European Journal of Political Economy, Elsevier, vol. 56(C), pages 11-26.
    39. Biglaiser, Glen & Lektzian, David, 2011. "The Effect of Sanctions on U.S. Foreign Direct Investment," International Organization, Cambridge University Press, vol. 65(3), pages 531-551, July.
    40. Mikhail A Alexseev & Henry E Hale, 2020. "Crimea come what may: Do economic sanctions backfire politically?," Journal of Peace Research, Peace Research Institute Oslo, vol. 57(2), pages 344-359, March.
    41. Gary Clyde Hufbauer & Jeffrey J. Schott & Kimberly Ann Elliott, 2009. "Economic Sanctions Reconsidered, 3rd Edition (paper)," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 4129, April.
    42. Toke S. Aidt & Facundo Albornoz & Esther Hauk, 2021. "Foreign Influence and Domestic Policy," Journal of Economic Literature, American Economic Association, vol. 59(2), pages 426-487, June.
    43. Mirkina, Irina, 2018. "FDI and sanctions: An empirical analysis of short- and long-run effects," European Journal of Political Economy, Elsevier, vol. 54(C), pages 198-225.
    44. Sajjad F. Dizaji & Mohammad R. Farzanegan, 2021. "Do Sanctions Constrain Military Spending of Iran?," Defence and Peace Economics, Taylor & Francis Journals, vol. 32(2), pages 125-150, February.
    45. 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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    More about this item

    Keywords

    International sanctions; political economy; public choice; rent seeking; trade; transaction costs;
    All these keywords.

    JEL classification:

    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • K33 - Law and Economics - - Other Substantive Areas of Law - - - International Law

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