G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13549
DP13549 Which Sanctions Matter? Analysis of the EU/Russian Sanctions of 2014
Matěj Bělín; Jan Hanousek
发表日期2019-02-25
出版年2019
语种英语
摘要In this paper we use a natural experiment of reciprocal imposition of trade sanctions by Russia and the EU since 2014. Using UNCTAD/BACI bilateral flows data we take this unique opportunity to analyse both sanctions. In particular, we study the effectiveness of narrow versus broadly defined sanctions, and differences in the effectiveness of sanctions imposed on exports and imports. We show that the Russian sanctions imposed on European and American food imports resulted in about 8 times stronger decline in trade flows than those imposed by the EU and the US on exports of extraction equipment. These results do not appear to be driven by diversion of trade flows via non-sanctioning countries. Hence the difference in sanctions' effectiveness can be attributed to the broader range of sanctioned goods and potentially to a stronger position of enforcement of sanctions on imports rather than exports.
主题International Trade and Regional Economics
关键词Russia International trade Sanctions Differences-in-differences Bilateral trade flows Unctad/baci data
URLhttps://cepr.org/publications/dp13549
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542403
推荐引用方式
GB/T 7714
Matěj Bělín,Jan Hanousek. DP13549 Which Sanctions Matter? Analysis of the EU/Russian Sanctions of 2014. 2019.
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