The Impact of Economic Sanctions on Iran's Export: Using the Synthetic Control Method

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

Adeli Abdolhamid; GHAFARI HADI; SHAYGANI BITA

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN Year:2022 | Volume:11 | Issue:41 Page(s): 97-127

Download Full-Text

Persian Verion

View:

234

Download:

109

Cites:

Information Journal Paper

Title

The Impact of Economic Sanctions on Iran's Export: Using the Synthetic Control Method

Author(s)

Adeli Abdolhamid | GHAFARI HADI | SHAYGANI BITA | Issue Writer Certificate

Keywords

Export

Economic Sanctions

Synthetic Control Method

Donor Pool

Abstract

This study employs the Synthetic Control Method (SCM) as an innovative method in evaluating the effects of a policy to assess the effect of the 2011 Economic Sanctions on Iran's Exports during the period 2001-2018. For this purpose, in addition to Iran, ten other countries have been considered as a Donor Pool to simulate the trend of Iran's Exports before and after the Economic Sanctions. New Zealand, Turkey, the UAE and China have played the most important roles in this simulation. The results show that while Iran could have achieved more than $ 150 billion in Exports for each of the years since the embargo, the sanctions have caused Iran to lose an average of $ 74 billion Export income annually. According to the estimated model, the largest Export gap is related to 2015, when sanctions caused Iran's Export to reach $ 60 billion. While according to the counterfactual Export pattern and in the absence of sanctions in this year, the amount of Exports could reached $159. 7 billion, and the maximum Export gap has been recorded $99. 7 billion. The placebo test confirms the reliability of the estimates made by extending the SCM to all members of the Donor Pool. The results of this study show that Iran's Export is affected by demand side factors. Developing friendly political relations with business partners, avoiding international disputes, and building sustainable trade relations through business links between firms are among the policy recommendations.

Cites

No record.

References

No record.

Cite

APA: Copy

Adeli, Abdolhamid, GHAFARI, HADI, & SHAYGANI, BITA. (2022). The Impact of Economic Sanctions on Iran's Export: Using the Synthetic Control Method. JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN, 11(41 ), 97-127. SID. https://sid.ir/paper/1049135/en

Vancouver: Copy

Adeli Abdolhamid, GHAFARI HADI, SHAYGANI BITA. The Impact of Economic Sanctions on Iran's Export: Using the Synthetic Control Method. JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN[Internet]. 2022;11(41 ):97-127. Available from: https://sid.ir/paper/1049135/en

IEEE: Copy

Abdolhamid Adeli, HADI GHAFARI, and BITA SHAYGANI, “The Impact of Economic Sanctions on Iran's Export: Using the Synthetic Control Method,” JOURNAL OF APPLIED ECONOMICS STUDIES IN IRAN, vol. 11, no. 41 , pp. 97–127, 2022, [Online]. Available: https://sid.ir/paper/1049135/en

Related Journal Papers

No record.

Related Seminar Papers

No record.

Related Plans

No record.

Recommended Workshops