Journalartikel

The price of sanctions: An empirical analysis of German export losses due to the Russian agricultural ban


AutorenlisteFedoseeva, Svetlana; Herrmann, Roland

Jahr der Veröffentlichung2019

Seiten417-431

ZeitschriftCanadian Journal of Agricultural Economics

Bandnummer67

Heftnummer4

ISSN0008-3976

eISSN1744-7976

DOI Linkhttps://doi.org/10.1111/cjag.12194

VerlagWiley


Abstract
The aim of this paper is to contribute to the vivid political discussion on the consequences of the Russian agricultural import ban on the German export market by quantifying export losses that German agri-food exporters encountered on the Russian market due to the agricultural import ban of 2014. A gravity-type approach is used to measure the sanction effect in a panel of German agri-food exports covering the period from January 1999 to June 2018. The ban effect is disentangled from a sequence of different geopolitically- and economically driven episodes. Once macroeconomic developments of the Russian economy as well as individual stages of decreasing trade cooperation in the preban period are accounted for, the import ban reduced German agri-food exports significantly but was not the major cause. Therefore, a simple elimination of the ban will not be enough to restore trade to the presanctions level.



Zitierstile

Harvard-ZitierstilFedoseeva, S. and Herrmann, R. (2019) The price of sanctions: An empirical analysis of German export losses due to the Russian agricultural ban, Canadian Journal of Agricultural Economics, 67(4), pp. 417-431. https://doi.org/10.1111/cjag.12194

APA-ZitierstilFedoseeva, S., & Herrmann, R. (2019). The price of sanctions: An empirical analysis of German export losses due to the Russian agricultural ban. Canadian Journal of Agricultural Economics. 67(4), 417-431. https://doi.org/10.1111/cjag.12194



Schlagwörter


agri-food exportsECONOMIC SANCTIONSEMBARGOexport lossesimport banSANCTIONSSPS measuresTRADE

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