Externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from Zimbabwe
This paper investigates the effect of targeted economic sanctions by the United States and the European Union on the performance of intra-industry non-sanctioned firms. Using data of non-sanctioned firms listed on the Zimbabwe stock exchange during the period 2009–2018, our regression results show t...
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| Format: | Article |
| Language: | English |
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Wiley
2022
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| Online Access: | https://doi.org/10.1111/sjpe.12290 http://hdl.handle.net/11408/4670 |
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| author | Sun, Jie Makosa, Lewis Yang, Jinkun Yin, Fangyuan Jachi, Moses Bonga, Wellington Garikai |
| author_facet | Sun, Jie Makosa, Lewis Yang, Jinkun Yin, Fangyuan Jachi, Moses Bonga, Wellington Garikai |
| author_sort | Sun, Jie |
| collection | DSpace |
| description | This paper investigates the effect of targeted economic sanctions by the United States and the European Union on the performance of intra-industry non-sanctioned firms. Using data of non-sanctioned firms listed on the Zimbabwe stock exchange during the period 2009–2018, our regression results show that non-sanctioned firms in the same industry as sanctioned firms perform better than ordinary non-sanctioned firms, signalling the positive competitive effect. A mediating test suggests that sanctions increase the market share of non-sanctioned firms in the same industry as sanctioned firms and subsequently increase their performance |
| format | Article |
| id | ir-11408-4670 |
| institution | My University |
| language | English |
| publishDate | 2022 |
| publisher | Wiley |
| record_format | dspace |
| spelling | ir-11408-46702022-06-27T13:49:06Z Externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from Zimbabwe Sun, Jie Makosa, Lewis Yang, Jinkun Yin, Fangyuan Jachi, Moses Bonga, Wellington Garikai Economic sanctions This paper investigates the effect of targeted economic sanctions by the United States and the European Union on the performance of intra-industry non-sanctioned firms. Using data of non-sanctioned firms listed on the Zimbabwe stock exchange during the period 2009–2018, our regression results show that non-sanctioned firms in the same industry as sanctioned firms perform better than ordinary non-sanctioned firms, signalling the positive competitive effect. A mediating test suggests that sanctions increase the market share of non-sanctioned firms in the same industry as sanctioned firms and subsequently increase their performance 2022-03-08T12:23:30Z 2022-03-08T12:23:30Z 2021 Article 0036-9292 1467-9485 https://doi.org/10.1111/sjpe.12290 http://hdl.handle.net/11408/4670 en Scottish Journal of Political Economy;Vol. 68; No. 5: p. 643-664 open Wiley |
| spellingShingle | Economic sanctions Sun, Jie Makosa, Lewis Yang, Jinkun Yin, Fangyuan Jachi, Moses Bonga, Wellington Garikai Externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from Zimbabwe |
| title | Externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from Zimbabwe |
| title_full | Externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from Zimbabwe |
| title_fullStr | Externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from Zimbabwe |
| title_full_unstemmed | Externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from Zimbabwe |
| title_short | Externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from Zimbabwe |
| title_sort | externalities of economic sanctions on performance of intra-industry non-sanctioned firms: evidence from zimbabwe |
| topic | Economic sanctions |
| url | https://doi.org/10.1111/sjpe.12290 http://hdl.handle.net/11408/4670 |
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