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estimate the impact on firm performance from smart sanctions deployed by the U.S. and EU against Russia beginning in 2014. We …How effective are "smart" sanctions in imposing costs on an adversary? We consider this question in a model where a …-strategic firms under sanctions, implying a cost of shielding to the regime that adds substantially to the total cost of sanctions. …
Persistent link: https://www.econbiz.de/10012001872
Using both the onset of the US-China trade war in 2018 and the most recent Russia-Ukraine war and associated trade … significantly decreases their trade with these jurisdictions following sanctions, government-linked firms show a marked contrast. In … sanctions. The increase is large - roughly 33% (t=4.01). We find no increase broadly to other countries (even countries in the …
Persistent link: https://www.econbiz.de/10014576650
Russia after the invasion of Ukraine. 61% of respondents think that firms should exit Russia, regardless of the consequences …. Only 37% think that leaving Russia is a purely business decision. If a firm does not conform with these desires, 66% of the …
Persistent link: https://www.econbiz.de/10013477220
In this paper, we empirically analyze the effect of UN and US economic sanctions on life expectancy and its gender gap … employ a matching approach to account for the endogeneity of sanctions. Our results indicate that an average episode of UN … sanctions reduces life expectancy by about 1.2-1.4 years. The corresponding decrease of 0.4-0.5 years under an average episode …
Persistent link: https://www.econbiz.de/10011719842
Persistent link: https://www.econbiz.de/10011969612
sanctions against Russia; and incremental nuclear coercion against Kyiv that spurred Western deterrence messaging in response …A close reading of Russia’s nuclear statements and actions during the first seven months of its war against Ukraine … severely imperil the survival of Russia’s regime. …
Persistent link: https://www.econbiz.de/10013413348
Persistent link: https://www.econbiz.de/10014372962
Information about the possibilities of changes in national and international macroeconomic variables affects the expectations and behavior of individuals and firms more quickly than real changes in those macroeconomic variables. In this research, we investigate the impacts of international...
Persistent link: https://www.econbiz.de/10012291761
In this paper, we analyze the effect of US economic sanctions on the target countries' poverty gap during the period …' economic and political environment and the likelihood of being exposed to US sanctions. Our results indicate that US sanctions … countries compared to their nearest neighbors. Severe sanctions, such as fuel embargoes, trade restrictions, the freezing of …
Persistent link: https://www.econbiz.de/10010512086
In this paper, we empirically assess how economic sanctions imposed by the UN and the US affect the target states' GDP … growth. Our sample includes 68 countries and covers the period 1976-2012. We find, first, that sanctions imposed by the UN … have a statistically and economically significant influence on economic growth. On average, the imposition of UN sanctions …
Persistent link: https://www.econbiz.de/10011374064