English, Article edition: How Do US Economic Sanctions Affect EU's Trade with Target Countries? Jiawen Yang; Hossein Askari; John Forrer; ...

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Physical Description
  • article
Language
  • English

Edition details

Title
  • How Do US Economic Sanctions Affect EU's Trade with Target Countries?
Author
  • Jiawen Yang
  • Hossein Askari
  • John Forrer
  • Lili Zhu
Physical Description
  • article
Notes
  • We investigate the impact of US economic sanctions on EU's trade using a panel data approach expressed in a two-level framework. Both multilateral and unilateral sanctions involving the US and the EU have a negative impact on EU trade (total, imports and exports). We argue that unilateral sanctions, if extensive in nature, would have a depressing impact on target countries' trade, especially in the stage after sanctions have been imposed. Over time, both multilateral and unilateral sanctions lead to an increase in a target country's exports to the EU, lending support to the third-country effect of sanctions. Copyright 2009 The Authors. Journal compilation 2009 Blackwell Publishing Ltd.
  • RePEc:bla:worlde:v:32:y:2009:i:8:p:1223-1244
Language
  • English
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