Which sanctions matter? Analysis of the EU/Russian sanctions of 2014

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F19%3A00505230" target="_blank" >RIV/67985998:_____/19:00505230 - isvavai.cz</a>
Alternative codes found
RIV/00216208:11640/19:00505231
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Which sanctions matter? Analysis of the EU/Russian sanctions of 2014
Original language description
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.
Czech name
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Czech description
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Project
<a href="/en/project/GA16-20451S" target="_blank" >GA16-20451S: International Governance: Revisited</a><br>
Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2019
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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