The Impacts of Economic Sanctions on Food (Prices) Security: Evidence From Targeted Countries
Journal: World Economy
Year: 2025

ABSTRACT Our paper examined the impact of economic sanctions on food prices and security. Anecdotal evidence suggests that food security is threatened in nations subject to sanctions. However, the causal link has not been proven. We employ a two‐way fixed‐effects approach and leverage the entropy balancing technique to ascertain the existence of a causal link. Our analysis relies on the Global Sanctions Database for sanctions and the FAOSTAT database for food security proxies: food prices and pr