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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13549 |
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 |
URL | https://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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