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  1. KEEP
  2. Theses and Dissertations
  3. Barrett, The Honors College Thesis/Creative Project Collection
  4. The Economic Effectiveness of Sanctions Imposed by the US and UN
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The Economic Effectiveness of Sanctions Imposed by the US and UN

Full metadata

Title
The Economic Effectiveness of Sanctions Imposed by the US and UN
Description
This study attempts to reconcile the gap in literature between the abundant research in the social consequences of sanctions but a consistent lack of information regarding its economic effectiveness. I apply a modified neoclassical growth model to analyze the extent that sanctions imposed by the US and UN impact real per capita GDP growth rate. Using the original data, I modify the model employed in the Neuenkirch and Neumeier (2015) study by replacing a fixed effect model with time trends. The results are more aligned with previous economic research on sanctions where sanctions imposed by the US have a moderate but significant 1.5 percent decline effect on GDP growth rate. On the other hand, sanctions imposed by the UN are similarly negative, imposing about a .9 percent decline in GDP growth, however are not statistically significant. While I cannot reject the conclusion by the original authors, I feel that this model provides a more fitting analysis of the impact sanctions impose on GDP growth.
Date Created
2019-05
Contributors
  • Hendricks-Costello, Caitlyn (Author)
  • Silverman, Daniel (Thesis director)
  • Mendez, Jose (Committee member)
  • Department of Economics (Contributor)
  • School of Politics and Global Studies (Contributor)
  • School of Mathematical and Statistical Sciences (Contributor)
  • Barrett, The Honors College (Contributor)
Topical Subject
  • Sanctions
  • Economic Growth
  • International Economics
  • Trade
Resource Type
Text
Extent
34 pages
Language
eng
Copyright Statement
In Copyright
Primary Member of
Barrett, The Honors College Thesis/Creative Project Collection
Series
Academic Year 2018-2019
Handle
https://hdl.handle.net/2286/R.I.52649
Level of coding
minimal
Cataloging Standards
asu1
System Created
  • 2019-04-18 12:00:53
System Modified
  • 2021-08-11 04:09:57
  •     
  • 2 years 3 months ago
Additional Formats
  • OAI Dublin Core
  • MODS XML

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