Quotation Felbermayr, Gabriel, Kirilakha, Aleksandra, Syropoulos, Constantinos, Yalcin, Erdal, Yotov, Yoto V. 2020. The global sanctions data base. European Economic Review. 129


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Abstract

This article introduces the Global Sanctions Data Base (GSDB), a new dataset of economic sanctions that covers all bilateral, multilateral, and plurilateral sanctions in the world during the 1950–2016 period across three dimensions: type, political objective, and extent of success. The GSDB features by far the most cases amongst data bases that focus on effective sanctions (i.e., excluding threats) and is particularly useful for analysis of bilateral international transactional data (such as trade flows). We highlight five important stylized facts: (i) sanctions are increasingly used over time; (ii) European countries are the most frequent users and African countries the most frequent targets; (iii) sanctions are becoming more diverse, with the share of trade sanctions falling and that of financial or travel sanctions rising; (iv) the main objectives of sanctions are increasingly related to democracy or human rights; (v) the success rate of sanctions has gone up until 1995 and fallen since then. Using state-of-the-art gravity modeling, we highlight the usefulness of the GSDB in the realm of international trade. Trade sanctions have a negative but heterogeneous effect on trade, which is most pronounced for complete bilateral sanctions, followed by complete export sanctions.

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Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal European Economic Review
Citation Index SSCI
WU Journalrating 2009 A
WU-Journal-Rating new FIN-A, VW-A, WH-B
Language English
Title The global sanctions data base
Volume 129
Year 2020
Reviewed? Y
URL https://api.elsevier.com/content/article/PII:S0014292120301914?httpAccept=text/xml
DOI http://dx.doi.org/10.1016/j.euroecorev.2020.103561
Open Access N
JEL JEL: F1; F13; F14; F5; F51; H5; N4

Associations

People
Felbermayr, Gabriel (Details)
External
Kirilakha, Aleksandra (Drexel University, United States/USA)
Syropoulos, Constantinos (Drexel University, United States/USA)
Yalcin, Erdal (Konstanz University of Applied Sciences, Germany)
Yotov, Yoto V. (Drexel University, United States/USA)
Organization
Department of Economics (Felbermayr) (Details)
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