The Impact of Economic Sanctions on Income Inequality of Target States

Sylvanus Afesorgbor and Renuka Mahadevan

Economics Working Papers from Department of Economics and Business Economics, Aarhus University

Abstract: In this paper, we draw on established theoretical work to analyze empirically which segments of the population in the target states bear the most cost when economic sanctions are imposed. Using a cross-country analysis of 68 target states from 1960 to 2008, we find robust empirical evidence that the imposition of sanctions have a deleterious effect on income inequality. Focusing on various sanction instruments, financial and trade sanctions were found to have different impacts on income inequality. Lastly, the adverse effect of the sanctions was more severe when sanctions span longer durations.

Keywords: Economic sanctions; Income inequality; Target states (search for similar items in EconPapers)
JEL-codes: D31 F51 O15 (search for similar items in EconPapers)
Pages: 28
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (75)

Downloads: (external link)
https://repec.econ.au.dk/repec/afn/wp/16/wp16_04.pdf (application/pdf)

Related works:
Journal Article: The Impact of Economic Sanctions on Income Inequality of Target States (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aah:aarhec:2016-04

Access Statistics for this paper

More papers in Economics Working Papers from Department of Economics and Business Economics, Aarhus University
Bibliographic data for series maintained by ().