Article ID Journal Published Year Pages File Type
7392669 World Development 2016 11 Pages PDF
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 has 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 is more severe on income inequality when sanctions span longer duration.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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