Impacts of EU Sanctions Levied in 2014 on Individual European Countries' Exports to Russia: Winners and Losers

IF 1.1 Q3 ECONOMICS
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引用次数: 0

Abstract

We analyse the effects of sanctions implemented by the European Union against Russia following the latter’s annexation of Crimea in 2014. Indirect effects of sanctions on its non-prohibited exports to Russia are examined using a gravity model of trade that includes a time varying sanction index. A per country analysis is also incorporated to increase the granularity of the results. We find that sanctions led to a decrease in exports of non-prohibited products from certain European countries (i.e., the “losers”) while increasing such exports from others (i.e., the “winners”), an outcome that qualifies as an “unintended consequence” of the sanctions.

2014 年欧盟制裁对个别欧洲国家对俄出口的影响:赢家和输家
摘要 我们分析了 2014 年俄罗斯吞并克里米亚后欧盟对俄罗斯实施制裁的影响。我们使用包含随时间变化的制裁指数的贸易引力模型,研究了制裁对欧盟向俄罗斯非禁止出口产品的间接影响。此外还纳入了国别分析,以提高结果的粒度。我们发现,制裁导致某些欧洲国家(即 "输家")的非违禁产品出口减少,而其他国家(即 "赢家")的非违禁产品出口却增加了,这一结果可视为制裁的 "意外后果"。
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来源期刊
CiteScore
2.10
自引率
0.00%
发文量
27
期刊介绍: The Eastern Economic Journal, a quarterly publication of the Eastern Economic Association, was established in 1973. The EEJ publishes papers written from every perspective, in all areas of economics and is committed to free and open intellectual inquiry from diverse philosophical perspectives. It welcomes manuscripts that are methodological and philosophical as well as empirical and theoretical. Readability and general interest are major factors in publication decision.
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