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Part 1: Document Description
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Citation |
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Title: |
Replication Data for: Release or Repress? The Effects of Economic Sanctions on Capital Account Openness |
Identification Number: |
doi:10.7910/DVN/Q3TKCK |
Distributor: |
Harvard Dataverse |
Date of Distribution: |
2024-01-23 |
Version: |
2 |
Bibliographic Citation: |
Interactions, International, 2024, "Replication Data for: Release or Repress? The Effects of Economic Sanctions on Capital Account Openness", https://doi.org/10.7910/DVN/Q3TKCK, Harvard Dataverse, V2, UNF:6:dmJzI+kxhfZLouG4czgx1g== [fileUNF] |
Citation |
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Title: |
Replication Data for: Release or Repress? The Effects of Economic Sanctions on Capital Account Openness |
Identification Number: |
doi:10.7910/DVN/Q3TKCK |
Authoring Entity: |
Interactions, International (University of Pittsburgh) |
Distributor: |
Harvard Dataverse |
Access Authority: |
Interactions, International |
Depositor: |
Interactions, International |
Date of Deposit: |
2023-12-05 |
Holdings Information: |
https://doi.org/10.7910/DVN/Q3TKCK |
Study Scope |
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Keywords: |
Social Sciences, economic sanctions, capital account liberalization, political institutions |
Abstract: |
Despite the frequent use of economic sanctions by states, there are insufficient analyses of the collateral effects of these measures on target states. Under the sanctions, targeted leaders who pursue the longevity of their regimes adjust domestic policies to mitigate the costs associated with sanctions. Specifically, this article analyzes the effects of sanctions on capital account liberalization in target states. Economic sanctions trigger changes in the capital account openness of target states. However, the direction of the reform is dependent on the political institutions in target states, which characterize the behavioral incentive structure of the leaders. Specifically, economic sanctions lower capital account openness, albeit only in autocracies. Democracies, which are sensitive to the benefits of capital account openness, are less likely to tighten the restrictions. Instead, they are likely to open their markets. I employ the two-way fixed approach to test my argument, using timeseries cross-sectional data spanning 145 countries for the period 1965-2005. In this regard, I find evidence in favor of my argument, with the findings suggesting the indirect impact of economic sanctions on target states’ financial policies on which the decisions are primarily driven by the political incentives of the targeted leaders. |
Methodology and Processing |
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Sources Statement |
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Data Access |
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Other Study Description Materials |
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File Description--f8135094 |
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File: Replication_dyad.tab |
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Notes: |
UNF:6:X59ieSYTOWmNUkSQDVBoOg== |
File Description--f8135095 |
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File: Replication_ext.tab |
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Notes: |
UNF:6:Hf+LFbQRUFEEkzRB2zVLYA== |
File Description--f8135096 |
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File: Replication_main.tab |
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Notes: |
UNF:6:XsvZxeMfq2tm7ubVGWH2lA== |
List of Variables: |
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Variables |
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f8135094 Location: |
Summary Statistics: Mean 439760.6081758863; Max. 990970.0; Min. 2020.0; StDev 261361.8310547408; Valid 590105.0 Variable Format: numeric Notes: UNF:6:xxqmGRl91lLWDe9NBH+OIw== |
f8135094 Location: |
Summary Statistics: Min. 2.0; StDev 261.34233982773213; Max. 990.0; Valid 590105.0; Mean 439.32128688952645; Variable Format: numeric Notes: UNF:6:meJsC3t2wsg/JZ1+yHzGsw== |
f8135094 Location: |
Summary Statistics: Mean 1986.9739334525214; Valid 590105.0; Max. 2004.0; Min. 1962.0; StDev 12.36751976749564 Variable Format: numeric Notes: UNF:6:1Fg7shoBjnVw+4G0oVq/rg== |
f8135094 Location: |
Summary Statistics: StDev 261.34233982774657; Valid 590105.0; Mean 439.3212868914131; Max. 990.0; Min. 2.0 Variable Format: numeric Notes: UNF:6:HbAbKLCsU1gyL0sObRxaBA== |
f8135094 Location: |
Summary Statistics: Max. 2.426425; StDev 1.5613107827182304; Min. -1.822837; Mean 0.132234406785922; Valid 494196.0 Variable Format: numeric Notes: UNF:6:7CFBEbNzuV5cUQAY1fNwMQ== |
f8135094 Location: |
Summary Statistics: Max. 1.0; Valid 590105.0; Mean 0.0011760618872898852; StDev 0.0342736160386797; Min. 0.0 Variable Format: numeric Notes: UNF:6:iOefUr5BZp1ryGrQJi38lg== |
f8135094 Location: |
Summary Statistics: Mean 0.53159869506584; StDev 0.49900099346878407; Max. 1.0; Min. 0.0; Valid 530908.0 Variable Format: numeric Notes: UNF:6:NRGwTIu2vyYzLvM0VicONQ== |
f8135094 Location: |
Summary Statistics: Mean 0.48256347158447666; Min. 0.007; Valid 522021.0; StDev 0.3017481923011355; Max. 0.912 Variable Format: numeric Notes: UNF:6:2JfViCllua2dYF5YUMrTGQ== |
f8135094 Location: |
Summary Statistics: StDev 3.189164656602149; Min. -13.419421307344905; Max. 13.419421307344905; Valid 557077.0; Mean -3.4864574726694394E-15; Variable Format: numeric Notes: UNF:6:9/yGI3UKaDHwtMf69IKE0w== |
f8135094 Location: |
Summary Statistics: Mean 8.024770244861264; Max. 11.943892309459319; StDev 1.3396399249107387; Valid 573239.0; Min. 4.395312975235266; Variable Format: numeric Notes: UNF:6:EUXoHqt+pA4e9isBJ4fFtg== |
f8135094 Location: |
Summary Statistics: Valid 573239.0; Max. 11.943892309459319; Mean 8.024770244861315; StDev 1.3396399249106907; Min. 4.395312975235266; Variable Format: numeric Notes: UNF:6:/it6RGi7Lp7vTGy9WrFjwA== |
f8135094 Location: |
Summary Statistics: Min. 1.9459101490553132; Mean 8.999845699072585; Valid 573239.0; StDev 1.8816973448409986; Max. 14.060699709425377 Variable Format: numeric Notes: UNF:6:mFDMh744sHH/gQTV3X09PQ== |
f8135094 Location: |
Summary Statistics: StDev 1.8816973448405925; Mean 8.999845699072551; Max. 14.060699709425377; Valid 573239.0; Min. 1.9459101490553132 Variable Format: numeric Notes: UNF:6:daSuNtd3rE3k50XNbi1qag== |
f8135094 Location: |
Summary Statistics: Max. 16.659101040438806; Valid 590105.0; Min. -16.659101040438806; Mean 1.603000962166519E-15; StDev 4.719648891940104 Variable Format: numeric Notes: UNF:6:RYSXewe8BGtrWFtQwrLT7A== |
f8135094 Location: |
Summary Statistics: Max. 1.0; Min. 0.0; Mean 0.47756694382339177; StDev 0.49949697654413416; Valid 529063.0 Variable Format: numeric Notes: UNF:6:8Ql6b9JlhoFiLov2LQEHQw== |
f8135094 Location: |
Summary Statistics: Min. 0.0; Mean 0.30307329082250584; Max. 1.0; StDev 0.45958709450733787; Valid 495560.0 Variable Format: numeric Notes: UNF:6:IEV9KMFGrMO+RN5H+Z4VJg== |
f8135095 Location: |
Summary Statistics: Mean 547.9776536312871; Min. 111.0; StDev 262.03446150680026; Max. 968.0; Valid 8234.0 Variable Format: numeric Notes: UNF:6:0XUfBPBS/ISmV8bClilZDg== |
f8135095 Location: |
Variable Format: character Notes: UNF:6:BpuGngZcjMt1kYyoKb7QnQ== |
f8135095 Location: |
Variable Format: character Notes: UNF:6:Gf7SBS60QTpeu5KYgNnvwQ== |
f8135095 Location: |
Summary Statistics: Min. 1965.0; StDev 13.276724285353733; Valid 8234.0; Max. 2010.0; Mean 1987.5; Variable Format: numeric Notes: UNF:6:938iUkK8+uo1PCFa2wMGLA== |
f8135095 Location: |
Summary Statistics: Valid 6405.0; Max. 2.426425; StDev 1.5210378834386409; Mean -0.01366263903200661; Min. -1.822837; Variable Format: numeric Notes: UNF:6:q85bMvglk85enAqj5iRD4w== |
f8135095 Location: |
Summary Statistics: Valid 8234.0; Max. 990.0; StDev 256.5424478328602; Mean 462.89944134075836; Min. 2.0; Variable Format: numeric Notes: UNF:6:LAWCYAvhJyPoJrokPSJuSQ== |
f8135095 Location: |
Summary Statistics: StDev 0.3907366738670176; Valid 8234.0; Mean 0.1880009715812476; Min. 0.0; Max. 1.0 Variable Format: numeric Notes: UNF:6:ftoNTxYHtr0WfLIeWRhHiQ== |
f8135095 Location: |
Summary Statistics: Min. 0.0; Valid 8234.0; Mean 0.062059752246781445; StDev 0.24127869678627117; Max. 1.0; Variable Format: numeric Notes: UNF:6:HQknnKBOwmSv2bNDLyQJBQ== |
f8135095 Location: |
Summary Statistics: Valid 7004.0; Max. 0.916; Min. 0.007; Mean 0.41398115362649907; StDev 0.28930703014499176 Variable Format: numeric Notes: UNF:6:f7gH1PZ28MWQfwNEvshwNA== |
f8135095 Location: |
Summary Statistics: Valid 6774.0; Min. -0.661199152469635; Max. 1.0627979040145874; Mean 0.039173538378042334; StDev 0.06794965671372426 Variable Format: numeric Notes: UNF:6:2qLHgq3ufT19KpYgiGwYKw== |
f8135095 Location: |
Summary Statistics: StDev 0.49713984362741354; Min. 0.0; Valid 7269.0; Max. 1.0; Mean 0.5537212821571069; Variable Format: numeric Notes: UNF:6:gcfB3dtaPuVEK+dB2kNDYg== |
f8135095 Location: |
Summary Statistics: Min. 5.508807182312012; Max. 12.227566719055176; StDev 1.2187590148883687; Valid 6829.0; Mean 8.766877643533798 Variable Format: numeric Notes: UNF:6:xr6v2ToJ1eXBTURgZPqSuQ== |
f8135095 Location: |
Summary Statistics: Min. 0.800000011920929; StDev 109576.72735416978; Max. 2165981.0; Valid 6796.0; Mean 27947.121479847956; Variable Format: numeric Notes: UNF:6:zl7eJEMpAqsRm/PapqrcAw== |
f8135095 Location: |
Summary Statistics: StDev 96369.13202172151; Min. 0.0020000000949949026; Valid 7234.0; Mean 25553.96420524754; Max. 1969662.875 Variable Format: numeric Notes: UNF:6:wwvu9MSRfYGDLpfH8jXJBg== |
f8135095 Location: |
Summary Statistics: Mean -2.2344963985746693; Max. 2.418407678604126; Min. -6.136871814727783; StDev 1.0815718804208916; Valid 6254.0 Variable Format: numeric Notes: UNF:6:wkG/9EhH4VZC4UNn71/jUg== |
f8135095 Location: |
Summary Statistics: Min. 0.0; Max. 1.0; Mean 0.05648665425201723; StDev 0.23087340571300938; Valid 8055.0; Variable Format: numeric Notes: UNF:6:+Uo9HbdZ/n9rfzKHd32vlg== |
f8135095 Location: |
Summary Statistics: Max. 7.2216973304748535; StDev 1.9263491114123799; Valid 6829.0; Mean 1.7315369646625345; Min. -3.2124216556549072; Variable Format: numeric Notes: UNF:6:Ufof+PzQjGRzk66i3BC+TQ== |
f8135095 Location: |
Summary Statistics: Min. 0.0; Mean 0.2635414136507123; Valid 8234.0; Max. 1.0; StDev 0.4405801984393697 Variable Format: numeric Notes: UNF:6:DykG92ulC7rQ2F3Fvywl8g== |
f8135095 Location: |
Summary Statistics: StDev 0.33523383502861487; Mean 0.12900547899717543; Max. 1.0; Valid 6023.0; Min. 0.0 Variable Format: numeric Notes: UNF:6:RqbuH5aCz5G3RnxYNXOPxw== |
f8135095 Location: |
Summary Statistics: Mean 15.255890211318988; StDev 12.426554981743141; Min. 1.0; Max. 46.0; Valid 8234.0; Variable Format: numeric Notes: UNF:6:7qEUY5T4seuKHjGauzGa1A== |
f8135095 Location: |
Summary Statistics: Valid 8234.0; Max. 2116.0; StDev 516.932025488485; Min. 1.0; Mean 387.14270099587213 Variable Format: numeric Notes: UNF:6:eoZ67Jb7LjoT624G25tWcQ== |
f8135095 Location: |
Summary Statistics: Max. 97336.0; StDev 21006.13853286674; Min. 1.0; Mean 12068.58549914977; Valid 8234.0; Variable Format: numeric Notes: UNF:6:xOcpyXFf1Vnet8ZMevooJA== |
f8135095 Location: |
Summary Statistics: Max. 1.0; StDev 0.19385927584253415; Mean 0.039106145251397925; Min. 0.0; Valid 8234.0 Variable Format: numeric Notes: UNF:6:SXbYLFhAC01fMI4JIDAeVg== |
f8135095 Location: |
Summary Statistics: Min. 0.0; Mean 1.6541266794625664; Max. 3.0; Valid 2605.0; StDev 1.130394242598735 Variable Format: numeric Notes: UNF:6:RiR4EAIcFZJPYERWUA535Q== |
f8135095 Location: |
Summary Statistics: Mean 0.4527614241659802; StDev 0.4977984054620397; Min. 0.0; Max. 1.0; Valid 7134.0 Variable Format: numeric Notes: UNF:6:5nIVBo6s2vHybJ0Qe3rscA== |
f8135095 Location: |
Summary Statistics: StDev 0.4533056355407361; Mean 0.28893407896966544; Max. 1.0; Valid 5901.0; Min. 0.0 Variable Format: numeric Notes: UNF:6:0wP/fxWLx5r7ICNlMd1GsQ== |
f8135095 Location: |
Summary Statistics: Valid 8234.0; StDev 0.12419007109553531; Mean 0.01566674763177051; Max. 1.0; Min. 0.0; Variable Format: numeric Notes: UNF:6:qxVn7Yba1VtRbaj8wJqc7Q== |
f8135095 Location: |
Summary Statistics: Max. 0.0; Min. -9.075531005859375; StDev 0.8251425362719302; Mean -1.685534684704592; Valid 4873.0 Variable Format: numeric Notes: UNF:6:ukyc/ZiLOBYo8Mc5ibXrQg== |
f8135096 Location: |
Summary Statistics: Min. 111.0; Valid 7339.0; StDev 262.0364022196104; Max. 968.0; Mean 547.9776536312833 Variable Format: numeric Notes: UNF:6:qs+qOBP4ZIoAT18WvwVeWA== |
f8135096 Location: |
Variable Format: character Notes: UNF:6:HEVXki0IL975tOPWw/Ythg== |
f8135096 Location: |
Variable Format: character Notes: UNF:6:uQFuBwZpB6jxJLyrwBmL4A== |
f8135096 Location: |
Summary Statistics: StDev 256.5443478700222; Min. 2.0; Max. 990.0; Mean 462.8994413407612; Valid 7339.0 Variable Format: numeric Notes: UNF:6:MtDYXB0jgu/3F9WkoT1blw== |
f8135096 Location: |
Summary Statistics: Valid 7339.0; Max. 2005.0; Min. 1965.0; StDev 11.83296576383354; Mean 1985.0 Variable Format: numeric Notes: UNF:6:J0OHyLRb6XhnYTxplGBYmQ== |
f8135096 Location: |
Summary Statistics: Max. 2.426425; StDev 1.4894377929817992; Mean -0.09801987437149888; Valid 5529.0; Min. -1.822837 Variable Format: numeric Notes: UNF:6:q5ubpBAYoejvAZkD7KSMuA== |
f8135096 Location: |
Summary Statistics: Valid 7339.0; StDev 0.24067185903815802; Mean 0.0617250306581268; Min. 0.0; Max. 1.0; Variable Format: numeric Notes: UNF:6:38GE+eS8XmbGZ//0cHT/pg== |
f8135096 Location: |
Summary Statistics: Min. 0.0; Valid 7160.0; StDev 0.24169930713827753; Max. 1.0; Mean 0.0622905027932963 Variable Format: numeric Notes: UNF:6:M9DAZEdB2dF7ej7ZScNtJQ== |
f8135096 Location: |
Summary Statistics: Valid 7339.0; Mean 0.1843575418994399; Min. 0.0; Max. 1.0; StDev 0.38780192183886253 Variable Format: numeric Notes: UNF:6:tAAQS2wajCb/+YfDErkuvw== |
f8135096 Location: |
Summary Statistics: Valid 6244.0; Mean 0.43273542600896353; StDev 0.49549449764922576; Min. 0.0; Max. 1.0 Variable Format: numeric Notes: UNF:6:ihA5FWLsiKIdt1Q+BEvZGQ== |
f8135096 Location: |
Summary Statistics: StDev 0.28889625677632363; Min. 0.007; Mean 0.39798075679172085; Max. 0.914; Valid 6184.0 Variable Format: numeric Notes: UNF:6:H7QPbgKma8W4yHHWfDzhgA== |
f8135096 Location: |
Summary Statistics: Min. -3.2124216556549072; Max. 7.193517684936523; Mean 1.690566921992694; StDev 1.9284717336420318; Valid 6009.0; Variable Format: numeric Notes: UNF:6:Z7Gw6erDNR5ItInu1Nle4Q== |
f8135096 Location: |
Summary Statistics: Min. -0.661199152469635; StDev 0.06950955100360166; Valid 5954.0; Mean 0.03849986590690186; Max. 1.0627979040145874; Variable Format: numeric Notes: UNF:6:FSflCxszcAZ3TdYIEsy6WQ== |
f8135096 Location: |
Summary Statistics: Valid 6009.0; Mean 8.71221765771167; Min. 5.508807182312012; StDev 1.2125269223305486; Max. 12.227566719055176; Variable Format: numeric Notes: UNF:6:AFnOyIuzjZybWtFVv7kiDw== |
f8135096 Location: |
Summary Statistics: Max. 1732518.75; Mean 20142.174820089953; Valid 5966.0; Min. 0.800000011920929; StDev 76817.166747612 Variable Format: numeric Notes: UNF:6:nRxRKHtZ33oobKKbZwunlg== |
f8135096 Location: |
Summary Statistics: Max. 1054332.0; StDev 65720.8626062663; Mean 18352.995728296148; Valid 6374.0; Min. 0.0020000000949949026 Variable Format: numeric Notes: UNF:6:IehM0hVAqQpqn/YDeKabIQ== |
f8135096 Location: |
Summary Statistics: Max. 2.418407678604126; Valid 5474.0; Mean -2.3780939415675597; StDev 1.0404389318488332; Min. -6.136871814727783; Variable Format: numeric Notes: UNF:6:41GShZrDr2ZDKRMPwj3xFw== |
f8135096 Location: |
Summary Statistics: Valid 6416.0; Max. 1.0; StDev 0.49621460350780877; Min. 0.0; Mean 0.5617206982543652 Variable Format: numeric Notes: UNF:6:N6L32u8cI82Hay/nDAC31Q== |
f8135096 Location: |
Summary Statistics: Valid 5724.0; Min. 0.0; StDev 0.455484960669569; Max. 1.0; Mean 0.2936757512229185 Variable Format: numeric Notes: UNF:6:gf2rI9VfmH+N3m4RnAJfDw== |
f8135096 Location: |
Summary Statistics: Max. 1.0; Mean 0.27129036653495037; Valid 7339.0; Min. 0.0; StDev 0.44465587188628114; Variable Format: numeric Notes: UNF:6:gFXXPyAAi7Aaab/2fWrmjg== |
f8135096 Location: |
Summary Statistics: StDev 0.33613305479830363; Valid 5862.0; Min. 0.0; Max. 1.0; Mean 0.12981917434322893; Variable Format: numeric Notes: UNF:6:XxklZxerxo3yZ6O9elUDYw== |
f8135096 Location: |
Summary Statistics: Min. 1.450065155950142E-6; Mean 0.006201886512210778; Max. 0.20866945385932922; StDev 0.02064815394973979; Valid 6215.0 Variable Format: numeric Notes: UNF:6:jC5pSJMOaHDSHYwhPMmhig== |
f8135096 Location: |
Summary Statistics: Valid 7339.0; StDev 0.13091681620009776; Min. 0.0; Max. 1.0; Mean 0.017441068265431608 Variable Format: numeric Notes: UNF:6:x/gtVAqMn97lSGBhs//khg== |
f8135096 Location: |
Summary Statistics: Min. -9.075531005859375; Mean -1.7270841454053674; Valid 4008.0; StDev 0.8230408453840593; Max. -1.3411135114438366E-5 Variable Format: numeric Notes: UNF:6:m70zXCRj2yjyVljPOVy0AQ== |
f8135096 Location: |
Summary Statistics: Min. 1.0; Valid 7339.0; StDev 11.47786706783587; Mean 14.620247990189357; Max. 41.0; Variable Format: numeric Notes: UNF:6:E41fh4lQueFEG8c4/3P59Q== |
f8135096 Location: |
Summary Statistics: StDev 434.4062987667804; Min. 1.0; Max. 1681.0; Valid 7339.0; Mean 345.4751328518854 Variable Format: numeric Notes: UNF:6:MqKGIkgHCocpidoum38aZA== |
f8135096 Location: |
Summary Statistics: Max. 68921.0; Mean 9843.515465322305; Valid 7339.0; Min. 1.0; StDev 15927.500443891302 Variable Format: numeric Notes: UNF:6:zVwXQq5RMb3u7/y19WLUpg== |
f8135096 Location: |
Summary Statistics: StDev 0.193860711627693; Valid 7339.0; Min. 0.0; Max. 1.0; Mean 0.039106145251397904; Variable Format: numeric Notes: UNF:6:Bkjbe9atjiHYRjYTxbKuug== |
f8135096 Location: |
Summary Statistics: StDev 1.130394242598735; Max. 3.0; Min. 0.0; Valid 2605.0; Mean 1.6541266794625664; Variable Format: numeric Notes: UNF:6:DQ6is3roEiFYq9DKsm5UNQ== |
f8135096 Location: |
Summary Statistics: Valid 3244.0; StDev 0.22609683659922497; Min. 0.0; Max. 0.9724688529968262; Mean 0.22939656212177456; Variable Format: numeric Notes: UNF:6:y1jIa4UWEDoiDylXOYuusQ== |
f8135096 Location: |
Summary Statistics: StDev 0.22609684845628159; Valid 3244.0; Min. 0.027531154453754425; Max. 1.0; Mean 0.770603402263373; Variable Format: numeric Notes: UNF:6:/IpmzhdDqYFtBokCfR7lNg== |
f8135096 Location: |
Summary Statistics: Mean 0.0025889085706499605; Min. 0.0; Max. 1.0; Valid 7339.0; StDev 0.05081887462495328; Variable Format: numeric Notes: UNF:6:BtKGBvj9XZsgZP+vjpJI+A== |
f8135096 Location: |
Summary Statistics: Mean 0.01689603488213663; Max. 1.0; StDev 0.12889073870188034; Min. 0.0; Valid 7339.0 Variable Format: numeric Notes: UNF:6:bsLVo5BuDiE1y2Qd6iXwLA== |
f8135096 Location: |
Summary Statistics: Max. 1.0; Valid 7339.0; Min. 0.0; StDev 0.13632212609580882; Mean 0.018939910069491868 Variable Format: numeric Notes: UNF:6:vvAaxnHm1eWhjD4lMgh7Cg== |
Label: |
Replication code.do |
Notes: |
application/x-stata-syntax |
Label: |
Replication log.smcl |
Notes: |
application/x-stata-smcl |