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Analyzing the Effects of Economic Sanctions: Recent Theory, Data, and Quantification

Author

Listed:
  • Peter Egger

    (ETH Zürich)

  • Constantinos Syropoulos

    (Drexel University, School of Economics)

  • Yoto Yotov

    (Drexel University, School of Economics)

Abstract

Inspired by the increased interest in economic sanctions and their consequences, this special issue contains a collection of studies by experts aiming to reflect the recent developments and trends in the literature on economic sanctions. The contributions contain theoretical research on the topic, data collection, and empirical work on the impact, effectiveness and success of sanctions. Moreover, the contributions come from economists and political scientists and are, therefore, interdisciplinary in nature. In this introduction, we highlight each paper in the volume by summarizing its salient features and by placing them in the broader context of the literature on economic sanctions. We also synthesize several takeaways and conclude by identifying questions we believe future research should shed further light on.

Suggested Citation

  • Peter Egger & Constantinos Syropoulos & Yoto Yotov, 2024. "Analyzing the Effects of Economic Sanctions: Recent Theory, Data, and Quantification," School of Economics Working Paper Series 2024-3, LeBow College of Business, Drexel University.
    • Handle: RePEc:ris:drxlwp:2024_003
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    Cited by:

    1. Gutmann, Jerg & Neuenkirch, Matthias & Neumeier, Florian, 2024. "Political economy of international sanctions," ILE Working Paper Series 81, University of Hamburg, Institute of Law and Economics.
    2. Urjit Patel, 2025. "Asphyxiation by Sanctions: Harm, Fear and Smog," Working Papers 202506, Center for Global Policy Analysis, LeBow College of Business, Drexel University.
    3. Makoto Fukumoto, 2025. "Who Traded Away Democracy? Business-Backed Legislators during the Democratic Backsliding in Japan 1936-1942," Working Papers 2504, Waseda University, Faculty of Political Science and Economics.
    4. Djankov, Simeon & Su, Meng, 2024. "Are U.S. sanctions off-target: Evidence from the Magnitsky act," Economics Letters, Elsevier, vol. 242(C).
    5. Makoto Fukumoto, 2025. "The Cornered Mouse: Sanctioned Elites and Authoritarian Realignment in the Japanese Legislature, 1936-1942," Working Papers 2526, Waseda University, Faculty of Political Science and Economics.
    6. Yang Ye & Qingpeng Zhang, 2024. "The futility of economic sanctions in a globalized and interdependent world: a data-driven game theoretical study," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-10, December.

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    Keywords

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    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • N40 - Economic History - - Government, War, Law, International Relations, and Regulation - - - General, International, or Comparative

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