Dizaji, Sajjad Faraji; Farzanegan, Mohammad Reza - 2018
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 unilateral sanctions (where only the United States sanctions Iran) and …