Davydov, Denis; Sihvonen, Jukka; Solanko, Laura - 2021
in how firms perceive Russia-related sanctions. Even after controlling for firm-level characteristics, cross … macroeconomic linkages in explaining these differences. We show that the Russia’s inward and outward FDI stocks and high levels of … imports and exports with Russia only partially explain the cross-country variation, leaving a nontrivial share of variation …