Leader Similarity and International Sanctions
Jerg Gutmann,
Pascal Langer and
Matthias Neuenkirch
No 2024-11, Research Papers in Economics from University of Trier, Department of Economics
Abstract:
Political leaders matter, but statistical evidence for their relevance in international politics is scarce. We estimate panel probit models with data for the period 1970 to 2004 and sender-year and dyad fixed effects to evaluate whether more similar leaders are less likely to sanction each other. We find that higher leader similarity significantly reduces the likelihood of sanction imposition. The effect is especially pronounced when UN and EU sanctions are excluded, that is, when focusing on sanctions imposed through unilateral political decisions. In this case, going from no correlation to perfect correlation in the characteristics of the leader pair lowers the likelihood of sanctions by 5.7 pp. Moreover, leader similarity seems to matter especially for sanctions aimed at democratic change or human rights improvements, where political leaders are expected to enjoy more discretion.
Keywords: International sanctions; Leader similarity; Political leaders (search for similar items in EconPapers)
JEL-codes: D70 F51 K33 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2024
New Economics Papers: this item is included in nep-int, nep-law and nep-pol
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Persistent link: https://EconPapers.repec.org/RePEc:trr:wpaper:202411
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