Economic sanction and global sourcing complexity
A cross‐country analysis
Bibliographic Data
| ID | 21543724 |
|---|---|
| Authors | Tran Manh Ha (Office of Academic Affairs, Banking Academy of Vietnam Hanoi Vietnam), Ngoc Thang Doan (0000-0003-4395-9476, International Business Faculty, Banking Academy of Vietnam Hanoi Vietnam, corresponding author) |
| Year | 2023 |
| Volume | 46 |
| Issue | 4 |
| Pages | 1017-1050 |
| Publication date | 2023-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Economy (JOURNAL) |
| Journal identifiers | ISSN: 0378-5920 • E-ISSN: 1467-9701 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/twec.13350 |
| OpenAlex | W4307406260 |
| Language | EN |
| References cited | 85 |
The supply chain disruption drives the firms to source the same inputs from multiple suppliers in low‐cost countries. However, the imposition of economic sanctions may prevent firms from enjoying the diversification benefits of global sourcing complexity. Using data for more than 127 countries from 1997 to 2014, we uncover the effects of economic sanctions on the global sourcing complexity. After extensive robustness checks, our main findings reveal that economic sanction hampers global sourcing complexity. These effects are conditional on the level of economic development and the occurrence of financial crises in a particular country. Our results are robust for various forms of economic sanction, alternative estimators and when controlling endogeneity problems. Our findings suggest important foreign policy and managerial implications for the countries and firms in response to economic sanctions
Business · Econometrics · Economic sanctions · Economics · Endogeneity · International economics · International trade · Sanctions · Economic Sanctions and International Relations · Market Dynamics and Volatility · Natural Resources and Economic Development
The building blocks of economic complexity
Unit root tests for panel data
The global sanctions data base
Supply Chain Disruptions
Accounting for intermediates
The impact of UN and US economic sanctions on GDP growth
Unit root tests in panel data
Some Tests of Specification for Panel Data
Another look at the instrumental variable estimation of error-components models
Testing for unit roots in heterogeneous panels
Initial conditions and moment restrictions in dynamic panel data models
General diagnostic tests for cross-sectional dependence in panels
Global Sourcing under Imperfect Capital Markets
Sanctions and export deflection
How does carbon dioxide emission change with the economic development? Statistical experiences from 132 countries
Climatic natural disasters, political risk, and international trade
Ending Economic Coercion
A Global Interpretation of the Rise of the East Asian Food Import Complex
The macroeconomic consequences of disasters
What matters for financial development? Capital controls, institutions, and interactions
The impact of US sanctions on poverty
The True Costs of Financial Sanctions
Fools Suffer Gladly
Investment, Opportunity, and Risk
What To Do (and Not to Do) with Time-Series Cross-Section Data
Economic sanctions and the duration of civil conflicts
Slicing Up Global Value Chains
Potential early phase success and ultimate failure of economic sanctions
| Citation velocity | historical |
|---|---|
| Highly cited | No |