The Impact of the Iraq War on US Consumer Goods Sales in Arab Countries
Did the rise in anti-American sentiment caused by the Iraq war a ffect sales of US goods abroad? We address this question using data on soft drink and fabric detergent sales in nine Arab countries. We find a statistically significant negative impact of the war on sales of US soft drinks in seven countries. The impact dissipates after a few months in two countries but persists in the other five. In the case of detergents we only find a significant negative impact in one country. We conclude that international politics can sometimes affect consumer behavior and impact market outcomes.
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- Linda Bilmes & Joseph E. Stiglitz, 2006.
"The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict,"
- Linda Bilmes & Joseph Stiglitz, 2006. "The Economic Costs of the Iraq War: An Appraisal Three Years After the Beginning of the Conflict," NBER Working Papers 12054, National Bureau of Economic Research, Inc.
- Bilmes, Linda & Stiglitz, Joseph E., 2006. "The Economic Costs of the Iraq War: An Appraisal Three Years after the Beginning of the Conflict," Working Paper Series rwp06-002, Harvard University, John F. Kennedy School of Government.
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- Ashenfelter, Orley & Ciccarella, Stephen & Shatz, Howard J., 2007.
"French Wine and the U.S. Boycott of 2003: Does Politics Really Affect Commerce?,"
Journal of Wine Economics,
Cambridge University Press, vol. 2(01), pages 55-74, March.
- Orley Ashenfelter & Stephen Ciccarella & Howard J. Shatz, 2007. "French Wine and the U.S. Boycott of 2003: Does Politics Really Affect Commerce?," NBER Working Papers 13258, National Bureau of Economic Research, Inc.
- Gary Clyde Hufbauer & Kimberly Ann Elliott & Tess Cyrus & Elizabeth Winston, 1997. "US Economic Sanctions: Their Impact on Trade, Jobs, and Wages," Working Paper Series Working Paper Special (2), Peterson Institute for International Economics.
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