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In an interconnected world, economic and political interests inevitably reach beyond national borders. Since policy choices generate external economic and political costs, foreign state and non-state actors have an interest in inflencing policy actions in other sovereign countries to their...
Persistent link: https://www.econbiz.de/10012018258
We investigate the effects of US-imposed trade sanctions on the global trade patterns of sanctioned countries by … partial and complete US sanctions lead to significant reductions in bilateral trade between the US and target countries as … well as between target and third countries. A unit increase in the intensity of complete trade sanctions in place reduces …
Persistent link: https://www.econbiz.de/10014534279
and performance of German firms. More specifically, we study the sanctions imposed by the EU against Russia in 2014 in … dependent on Russia as an export market and those directly affected by the sanctions. …In this paper, we use a novel firm level dataset for Germany to investigate the effect of sanctions on export behaviour …
Persistent link: https://www.econbiz.de/10014282720
and performance of German firms. More specifically, we study the sanctions imposed by the EU against Russia in 2014 in … dependent on Russia as an export market and those directly affected by the sanctions. …In this paper, we use a novel firm level dataset for Germany to investigate the effect of sanctions on export behaviour …
Persistent link: https://www.econbiz.de/10014377049
Motivated by the European Union's debate on sanctioning crude oil imports from Russia, we estimate the elasticity of … that crude oil is not a homogenous good and that the relevant substitutability for analyzing the impact of trade sanctions … in crude oil refining resulting from sanctions. …
Persistent link: https://www.econbiz.de/10014469586
renewed US pressure on banks from third countries dealing with Russia. The effectiveness of trade sanctions crucially hinges … countries. Our calculations suggest that in 2023, the share of sanctioned CHP items that Russia was able to obtain ranged from …
Persistent link: https://www.econbiz.de/10015070530
Disruptions to global value chains (GVCs) - caused by conflicts, natural disasters, and accidents that close transport routes - and that affect specific regions or sectors, are not unusual. However, in recent years and amid the Covid-19 pandemic, they have become more frequent and severe. High...
Persistent link: https://www.econbiz.de/10013346921