Publications
Version History
The GSDB is a public good that was earnestly created in response to market demand. Its initial development and maintenance took a substantial long-term effort by a number of us. The currently avalaible version is Release 3(GSDB-R3) which stretches until April 2022, the 4th Release is currently at the working paper stage and will stretch until end of 2023.
- Version 1: Published in July 2020.
- Version 2: Published in March 2021.
- Version 3: Published in June 2023.
- Version 4: Published in XXX.
Research Based On The Global Sanctions Data Base (GSDB)
The GSDB has been utilized in the following research projects and papers:
On the Heterogeneous Effects of Sanctions on Trade and Welfare: Evidence from the Sanctions on Iran and a New Database
Authors: G. Felbermayr, C. Syropoulos, Y. V. Yotov, and E. Yalcin
Abstract: Using a new, global database covering the years 1950 to 2016, we study the impact of sanctions on international trade and welfare...
Timing the Impact of Sanctions on Trade
Authors: M. Dai, G. Felbermayr, A. Kirilakha, C. Syropoulos, E. Yalcin, and Y. V. Yotov
Abstract: We capitalize on the latest estimation methods in the empirical gravity literature and the development of a new dataset...
The Global Sanctions Data Base
Authors: G. Felbermayr, A. Kirilakha, C. Syropoulos, E. Yalcin, and Y. V. Yotov
Published in: European Economic Review, Volume 129, October 2020.
Abstract: This article introduces the Global Sanctions Data Base (GSDB), a new dataset of economic sanctions that covers all bilateral...
The Global Sanctions Data Base: An Update that Includes the Years of the Trump Presidency
Authors: A. Kirilakha, G. Felbermayr, C. Syropoulos, E. Yalcin, and Y.V. Yotov
Published in: The Research Handbook on Economic Sanctions, Edited by Peter A.G. van Bergeijk, 2021.
Abstract: We introduce and discuss 381 previously unrecorded sanction cases among which 75 emerged during 2016-2019, a period...
The Global Sanctions Data Base - Release 3: COVID-19, Russia, and Multilateral Sanctions
Authors: C. Syropoulos, G. Felbermayr, A. Kirilakha, E. Yalcin, and Y.V. Yotov
Published in: Review of International Economics, 2023.
Abstract: The global sanctions data base (GSDB) is a public good that was created in response to demand by scholars and institutions...
The Global Sanctions Data Base - Release 4: The Heterogeneous Effects of the Sanctions on Russia
Authors: E. Yalcin, G. Felbermayr, H. Kariem, A. Kirilakha, O. Kwon, C. Syropoulos, Y. Yotov
Abstract: This paper introduces the fourth release of the Global Sanctions Data Base (GSDB-R4). Covering the period 1950-2023, it contains 1,547 sanctions cases, including the recent ones against Russia. The GSDB-R4 comes in two versions, a case-specific and a dyadic version, both freely available upon request at GSDB@drexel.edu. To highlight one of the new features of the GSDB-R4, we combine it with trade data until 2023 to study the effects of the sanctions on Russia's trade within an econometric gravity model. We find that, on average, the effects on trade between Russia and the sanctioning countries are negative and statistically significant, but relatively small. We also find that the effects are very heterogeneous across senders, including the EU members. Finally, our estimates identify the presence of a reduction in the direct bilateral trade costs in Russia's bilateral trade with India, China, and Turkey, even after controlling for all possible general equilibrium effects. The implication is that such trade cost decreases may offset the effects of Western sanctions and even lead to net benefits for Russia.
On the heterogeneous effects of sanctions on trade
Authors: C. Syropoulos, G. Felbermayr, E. Yalcin, and Y.V. Yotov
Published in: Canadian Journal of Economics, 2024
Abstract: With the help of a new, comprehensive sanctions database and utilizing the latest developments in the structural gravity literature, we estimate the effects of economic sanctions on international trade. We demonstrate that the average effects of sanctions hide significant heterogeneity depending on the type of sanctions considered, their duration, objectives and sender types. We also zoom in on the sanctions against Iran. We find that their effects are significant but also widely heterogeneous across sanctioning countries, even within the European Union, and depend on the direction of trade. We complement the aggregate analysis with estimates for 170 sectors, showing that sanctions have been effective in decreasing bilateral trade at the sectoral level while the effects vary significantly across sectors and across complete versus partial trade sanctions.