What if? The economic effects for Germany of a stop of energy imports from Russia
This article discusses the economic effects of a potential cut-off of the German economy from Russian energy imports. We show that the effects are likely to be substantial but manageable. In the short run, a stop of Russian energy imports would lead to a GDP decline in range between 0.5% and 3% (cf. the GDP decline in 2020 during the pandemic was 4.5%).
Year of publication: |
2022
|
---|---|
Authors: | Bachmann, Ruediger ; Baqaee, David ; Bayer, Christian ; Kuhn, Moritz ; Löschel, Andreas ; Moll, Benjamin ; Peichl, Andreas ; Pittel, Karen ; Schularick, Moritz |
Publisher: |
Munich : CESifo GmbH |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Bachmann, Ruediger, (2022)
-
Bachmann, Ruediger, (2022)
-
Bachmann, Ruediger, (2022)
- More ...