The Effect of US and EU Economic Sanctions on Bilateral Trade Flows between Iran and Its Major Trading Partners: An Application of Gravity Model

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AZARBAYEJANI KARIM; TAYEBI SEYED KOMAIL; safa dargiri halimeh

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Journal: Journal of Economic Research Year:2015 | Volume:50 | Issue:3 Page(s): 539-562

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Title

The Effect of US and EU Economic Sanctions on Bilateral Trade Flows between Iran and Its Major Trading Partners: An Application of Gravity Model

Author(s)

AZARBAYEJANI KARIM | TAYEBI SEYED KOMAIL | safa dargiri halimeh | Issue Writer Certificate

Keywords

economic sanctionsQ2

gravity modelQ1

international tradeQ2

panel dataQ2

standard international trade classificationQ2

Abstract

economic sanctions appear to be a common feature of political interactions between states. economic sanctions have become increasingly important as an alternative to military conflict since the last decade of twentieth century. This paper provides, through a gravity model, an estimation of the impact of economic sanctions on bilateral trade flows between Iran and its major trading partners during 2000– 2011, disaggregated by the choice of the 1– digit sections of the standard international trade classification including zero, two, five, six and seven codes. The results show that extensive and limited sanctions have a significant and negative impact on bilateral trade, except for exports of five and seven codes.

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APA: Copy

AZARBAYEJANI, KARIM, TAYEBI, SEYED KOMAIL, & safa dargiri, halimeh. (2015). The Effect of US and EU Economic Sanctions on Bilateral Trade Flows between Iran and Its Major Trading Partners: An Application of Gravity Model. TAHGHIGHAT-E-EGHTESADI, 50(3 ), 539-562. SID. https://sid.ir/paper/11772/en

Vancouver: Copy

AZARBAYEJANI KARIM, TAYEBI SEYED KOMAIL, safa dargiri halimeh. The Effect of US and EU Economic Sanctions on Bilateral Trade Flows between Iran and Its Major Trading Partners: An Application of Gravity Model. TAHGHIGHAT-E-EGHTESADI[Internet]. 2015;50(3 ):539-562. Available from: https://sid.ir/paper/11772/en

IEEE: Copy

KARIM AZARBAYEJANI, SEYED KOMAIL TAYEBI, and halimeh safa dargiri, “The Effect of US and EU Economic Sanctions on Bilateral Trade Flows between Iran and Its Major Trading Partners: An Application of Gravity Model,” TAHGHIGHAT-E-EGHTESADI, vol. 50, no. 3 , pp. 539–562, 2015, [Online]. Available: https://sid.ir/paper/11772/en

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