07.06.2019 New Publication at Defence and Peace Economics
In a joint study, Mohammad Reza Farzanegan (@MR_Farzanegan) and Sajjad F. Dizaji (Tarbiat Modares University, Tehran) have published a new research article entitled “Do Sanctions Constrain Military Spending of Iran?” in Defence and Peace Economics.
In a theoretical and empirical study, they find that the chances of success for the US sanction policy in both the short and the long run are statistically insignificant. They show that only the multilateral sanctions, in which the United States acts in conjunction with other countries to sanction Iran, have a statistically significant and negative impact on military spending of Iran in both the short and the long run.
To cite this article: Sajjad F. Dizaji & Mohammad R. Farzanegan (2019): Do Sanctions Constrain Military Spending of Iran?, Defence and Peace Economics, DOI: 10.1080/10242694.2019.1622059