Impact of economic sanctions on the global value chain of the target country

被引：0

作者：

Liu E. ^{[1
]}

Feng H. ^{[2
]}

Liu F. ^{[3
]}

He Q. ^{[4
]}

机构：

[1] School of Public Finance and Taxation, Capital University of Economics and Business, Beijing

[2] School of Finance, China Financial Policy Research Center, Renmin University of China, Beijing

[3] Editorial Office of Economic Theory and Business Management, Renmin University of China, Beijing

[4] Yangtze River Economic Zone Research Institution of RUC, School of Finance, Renmin University of China, Beijing

来源：

Xitong Gongcheng Lilun yu Shijian/System Engineering Theory and Practice | 2023年 / 43卷 / 03期

关键词：

economic sanctions; global value chain; value added;

D O I：

10.12011/SETP2021-1636

中图分类号：

O29 [应用数学];

学科分类号：

070104 ;

摘要：

This paper investigates the impact of economic sanctions on the value added and global value chain position of the target countries, based on cross-country input-output tables and economic sanctions data from 1990–2018. The findings of this paper show that economic sanctions reduce the value chain participation and domestic value added of the target countries, moving them up the value chain and transforming them into resource-exporting countries. Longer duration and larger scale sanctions more significantly reduce the domestic value added of the target country. The impact of sanctions on value added is transmitted according to foreign value added, indirect value added, and domestic value added. In addition, the basic empirical results of this paper remain robust after using the instrumental variables approach and considering the conditions set by the difference in difference method and industry heterogeneity. © 2023 Systems Engineering Society of China. All rights reserved.

引用

页码：667 / 683

页数：16

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