Do sanctions reduce the military spending in Iran?

This study focuses on short and long-term effects of sanctions on military spending in Iran. Utilizing the annual data from 1960 to 2017 and the auto regressive distributed lag (ARDL) model, we show that the increasing intensity of sanctions dampen the military budget of Iran. By separating unilater...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 31-2018b)
Main Authors: Farzanegan, Mohammad Reza, Dizaji, Sajjad F.
Format: Article
Language:English
Published: Philipps-Universität Marburg 2018
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Online Access:PDF Full Text
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