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:: Volume 29, Issue 100 (Quarterly journal of economic research and policies 2022) ::
qjerp 2022, 29(100): 289-320 Back to browse issues page
The effect of economic sanctions on per capita GDP in the Iranian economy using the Synthetic control method
SAEID EISAZADEH * , RAHIM MAHMOOVAND , Faramak Miraali
BU- ALI- SINA UN. , saeedisazadeh@gmail.com
Abstract:   (2532 Views)
In this paper, we use the Synthetic control method to assess the impact of economic sanctions imposed by the United States on Iran's per capita GDP during 1990 to 2020. The US economic sanctions against the Iranian economy during this period has had a huge negative impact on the economy of Iran. Using the Synthetic control method, the economic cost of sanctions has been estimated in terms of per capita GDP. The results show that the effects of sanctions on the economy would be a significant reduction in per capita GDP by 33% in comparision with the lack of sanctions position. After intensifying santions in the Trump administration, negative effect has reached to 44% reduction in per capita GDP in 2020. Definitly, this reduction of per capita GDP will deccrease the walfare of Iranians in the long-run.
 
Keywords: Economic sanctions, Per capita GDP, Synthetic control method
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Type of Study: Research | Subject: Special
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EISAZADEH S, MAHMOOVAND R, Miraali F. The effect of economic sanctions on per capita GDP in the Iranian economy using the Synthetic control method. qjerp 2022; 29 (100) :289-320
URL: http://qjerp.ir/article-1-3210-en.html


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Creative Commons License This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Volume 29, Issue 100 (Quarterly journal of economic research and policies 2022) Back to browse issues page
فصلنامه پژوهشها و سیاستهای اقتصادی Journal of Economic Research and Policies
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