Sanctions and export deflection evidence from Iran
Do export sanctions cause export deflection? Data on Iranian non-oil exporters between January 2006 and June 2011 shows that two-thirds of these exports were deflected to non-sanctioning countries after sanctions were imposed in 2008, and that at this time aggregate exports actually increased. Expor...
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Published in: | Economic policy Vol. 32; no. 90; pp. 319 - 355 |
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Main Authors: | , |
Format: | Journal Article |
Language: | English |
Published: |
Oxford
Oxford University Press
01-04-2017
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Subjects: | |
Online Access: | Get full text |
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Summary: | Do export sanctions cause export deflection? Data on Iranian non-oil exporters between January 2006 and June 2011 shows that two-thirds of these exports were deflected to non-sanctioning countries after sanctions were imposed in 2008, and that at this time aggregate exports actually increased. Exporting firms reduced prices and increased quantities when exporting to a new destination, however, and suffered welfare losses as a result. |
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ISSN: | 0266-4658 1468-0327 |
DOI: | 10.1093/epolic/eix002 |