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has been cited by the following article:

• TITLE: Analyzing Direct and Indirect Effects of Economic Sanctions on I. R. Iran Economic Growth: Focusing on the External Sector of the Economy

  AUTHORS: Morteza Ezzati

  KEYWORDS: Sanction, Economic Growth, I. R. Iran, External Sector

  JOURNAL NAME: Open Journal of Marine Science, Vol.6 No.4, September 16, 2016

  ABSTRACT: In this paper, we analyze direct and indirect effects of economic sanctions on I. R. Iran’s economic growth from 1979 to 2012 focusing on the external sector of the economy. Our data for variables except for sanction are derived from 1966 to 2012 and a dummy variable is used for each sanction’s beginning years. The designed model is based on the endogenous growth models in which we analyze the effects by 2SLS econometric method. Our findings indicate that economic sanctions have not directly affected Iran’s economic growth so much. These effects have been indirect through restricting total imports, capital goods imports, imports of intermediate goods and primary products and also the export leading to decreased economic growth of the country.