Extraction of a quantitative index of economic sanctions against the Islamic Republic of Iran

Abstract

In this study, using the fuzzy method, an attempt has been made to define a quantitative index for economic sanctions during the years 1979-2019 by using the opinions of sanctions economics experts. This quantitative index, as a useful time series, can help researchers in the field of Iran's economy and sanctions economy to study the impact of this economic phenomenon on different sectors of Iran's economy. The results obtained in this study show that during the years 2011 and 2012, the sanctions imposed against Iran had the highest amount. Also, during the years of the JCPOA agreement and the lifting of sanctions by the European Union, the United Nations Security Council and the United States of America, this index has decreased significantly, and with the withdrawal of the United States of America from the JCPOA in 2018, the index of economic sanctions has increased again.

Keywords

• economic sanctions index
• european union sanctions
• fuzzy logic