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• W528039 abstract "International economic sanctions are a recurring feature of political interactions. This paper provides, through a gravity model approach, an estimation of the impact of sanctions on international trade. The study reports panel estimates between the US and 49 target countries over the period 19602000, inclusive. The results show that extensive sanctions have a large negative impact on bilateral trade, while this is not the case for limited and moderate sanctions. A second estimation focuses on the impact of unilateral US sanctions on bilateral trade between target countries and the other G-7 countries. The results show that unilateral extensive sanctions have also a large negative impact, while limited ones induce a slight positive effect on other G-7 countries trade. In the first case the hypothesis of negative 'network effects' is confirmed, while in the latter the sanctions-busting argument should be defended. JEL Classification : F 13, C 23, H 89." @default.
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• W528039 creator A5062273881 @default.
• W528039 date "2005-01-01" @default.
• W528039 modified "2023-09-23" @default.
• W528039 title "The Impact of Intenational Economic Sanctions on Trade Empirical Evidence over the Period 1960-2000" @default.
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• W528039 doi "https://doi.org/10.1400/55159" @default.
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