Showing 1 - 10 of 57
This paper documents a robust empirical regularity: in the long-run, higher trade openness iscausally associated to a … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures …. Thepreferred specification suggests that a 10 percent increase in total trade openness reducesunemployment by about one percentage …
Persistent link: https://www.econbiz.de/10009360638
In theoretical trade models with variable markups and collective wage bargaining, export exposure may reduce the …
Persistent link: https://www.econbiz.de/10010323825
This paper develops an approach that allows constructing regional proxies of government effectiveness at a highly dis-aggregated level. Our idea builds on the well documented interdependence between institutions and exports, which allows estimating the latent government effectiveness using...
Persistent link: https://www.econbiz.de/10012179778
merchandise trade. …
Persistent link: https://www.econbiz.de/10013168660
Russia's brutal military aggression on Ukraine has led to extensive economic sanctions by Western countries and the withdrawal of many foreign companies from Russian markets. The isolation of Russia from the international community has substantially restricted its access to advanced technologies...
Persistent link: https://www.econbiz.de/10013190399
to the military attack on Ukraine. These sanctions include various restrictive measures on trade with Russia. In this … brief, we examine the potential short-term effects of trade sanctions on Russian production with an input-output framework …. We find that the trade sanctions can have substantial negative effects on Russian production when Russia is unable to …
Persistent link: https://www.econbiz.de/10013197569
This brief examines the development of Russia's trade flows in the March-June period following Russia's invasion of … Ukraine. Russia ceased publication of foreign trade statistics after the war broke out, so we utilize the trade statistics of …. Russian industrial output reflects a shift in foreign trade. High-tech industries reliant on imported inputs contracted, while …
Persistent link: https://www.econbiz.de/10013369425
This brief considers the role of East Asian economies in Russia's technology imports. The EU, US and UK have set strict sanctions and export restrictions on Russia in response to the war in Ukraine, while responses from East Asian economies have been mixed. By restricting exports of technology...
Persistent link: https://www.econbiz.de/10013439890
economies. Countries imposing sanctions on Russia accounted for half of Russia's foreign trade and over half of foreign … financial flows before the war. We analyse the development of Russia's trade and financial relations in recent months and find … that Russia's success in reorienting its trade and investment flows has been mixed. …
Persistent link: https://www.econbiz.de/10013463850
This policy brief frames the discussion of sanctions imposed on Russia since the invasion of Ukraine in a wider international and historical perspective. We present a brief review of recent literature related to the macroeconomic effects of sanctions in Russia and other countries. Our analysis...
Persistent link: https://www.econbiz.de/10014282650