How to simulate international economic sanctions: A multipurpose index modelling illustrated with EU sanctions against Russia
Author
Abstract
Suggested Citation
DOI: 10.1016/j.inteco.2021.06.004
Download full text from publisher
As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.
Other versions of this item:
- Morad Bali & Nady Rapelanoro, 2021. "How to simulate international economic sanctions: A multipurpose index modelling illustrated with EU sanctions against Russia," International Economics, CEPII research center, issue 168, pages 25-39.
References listed on IDEAS
- Caruso Raul, 2003.
"The Impact of International Economic Sanctions on Trade: An Empirical Analysis,"
Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 9(2), pages 1-36, April.
- Raul Caruso, 2003. "The Impact of International Economic Sanctions on Trade An empirical Analysis," International Trade 0306001, University Library of Munich, Germany.
- Kholodilin, Konstantin A. & Netšunajev, Aleksei, 2019.
"Crimea and punishment: the impact of sanctions on Russian economy and economies of the euro area,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 19(1), pages 39-51.
- Konstantin A. Kholodilin & Aleksei Netsunajev, 2019. "Crimea and punishment: the impact of sanctions on Russian economy and economies of the euro area," Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 19(1), pages 39-51.
- Ichiro Fukunaga & Naohisa Hirakata & Nao Sudo, 2009.
"The Effects of Oil Price Changes on the Industry-Level Production and Prices in the U.S. and Japan,"
IMES Discussion Paper Series
09-E-24, Institute for Monetary and Economic Studies, Bank of Japan.
- Ichiro Fukunaga & Naohisa Hirakata & Nao Sudo, 2010. "The Effects of Oil Price Changes on the Industry-Level Production and Prices in the U.S. and Japan," NBER Working Papers 15791, National Bureau of Economic Research, Inc.
- Robert C. Feenstra & James R. Markusen & Andrew K. Rose, 2001.
"Using the gravity equation to differentiate among alternative theories of trade,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 34(2), pages 430-447, May.
- Robert C. Feenstra & James R. Markusen & Andrew K. Rose, 2001. "Using the gravity equation to differentiate among alternative theories of trade," Canadian Journal of Economics, Canadian Economics Association, vol. 34(2), pages 430-447, May.
- Dreger, Christian & Kholodilin, Konstantin A. & Ulbricht, Dirk & Fidrmuc, Jarko, 2016.
"Between the hammer and the anvil: The impact of economic sanctions and oil prices on Russia’s ruble,"
Journal of Comparative Economics, Elsevier, vol. 44(2), pages 295-308.
- Dreger, Christian & Kholodilin, Konstantin A. & Ulbricht, Dirk & Fidrmuc, Jarko, 2016. "Between the Hammer and the Anvil: The Impact of Economic Sanctions and Oil Prices on Russia’s Ruble," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 44(2), pages 295-308.
- repec:wsr:wpaper:y:2015:i:138 is not listed on IDEAS
- Morad Bali, 2018. "The Impact of Economic Sanctions on Russia and its Six Greatest European Trade Partners," Post-Print halshs-01918521, HAL.
- Neuenkirch, Matthias & Neumeier, Florian, 2015.
"The impact of UN and US economic sanctions on GDP growth,"
European Journal of Political Economy, Elsevier, vol. 40(PA), pages 110-125.
- Matthias Neuenkirch & Florian Neumeier, 2014. "The Impact of UN and US Economic Sanctions on GDP Growth," Research Papers in Economics 2014-08, University of Trier, Department of Economics.
- Florian Neumeier & Matthias Neuenkirch, 2014. "The Impact of UN and US Economic Sanctions on GDP Growth," MAGKS Papers on Economics 201424, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
- Margaret P. Doxey, 1980. "Economic Sanctions and International Enforcement," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-1-349-04335-4, March.
- Gary Clyde Hufbauer & Barbara Oegg, 2003. "The Impact of Economic Sanctions on US Trade: Andrew Rose's Gravity Model," Policy Briefs PB03-04, Peterson Institute for International Economics.
- Ivanov Ventzislav & Kilian Lutz, 2005. "A Practitioner's Guide to Lag Order Selection For VAR Impulse Response Analysis," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 9(1), pages 1-36, March.
- Jiawen Yang & Hossein Askari & John Forrer & Lili Zhu, 2009. "How Do US Economic Sanctions Affect EU's Trade with Target Countries?," The World Economy, Wiley Blackwell, vol. 32(8), pages 1223-1244, August.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Batten, Jonathan A. & Boubaker, Sabri & Kinateder, Harald & Choudhury, Tonmoy & Wagner, Niklas F., 2023.
"Volatility impacts on global banks: Insights from the GFC, COVID-19, and the Russia-Ukraine war,"
Journal of Economic Behavior & Organization, Elsevier, vol. 215(C), pages 325-350.
- J.A. Batten & Sabri Boubaker & H. Kinateder & T. Choudhury & N.F. Wagner, 2023. "Volatility Impacts on Global Banks: Insights from the GFC, COVID-19, and the Russia-Ukraine War," Post-Print hal-04435440, HAL.
- Morad Bali & Thanh T. Nguyen & Lincoln F. Pratson, 2024. "Impacts of EU Sanctions Levied in 2014 on Individual European Countries' Exports to Russia: Winners and Losers," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(2), pages 154-194, April.
- Chishti, Muhammad Zubair & Khalid, Ali Awais & Sana, Moniba, 2023. "Conflict vs sustainability of global energy, agricultural and metal markets: A lesson from Ukraine-Russia war," Resources Policy, Elsevier, vol. 84(C).
- D. V. Korneeva & A. V. Ovchinnikov, 2024. "Assessing the Prospects for Import Substitution in the Russian Automotive Components Market," Studies on Russian Economic Development, Springer, vol. 35(6), pages 834-844, December.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Morad Bali & Thanh T. Nguyen & Lincoln F. Pratson, 2024. "Impacts of EU Sanctions Levied in 2014 on Individual European Countries' Exports to Russia: Winners and Losers," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(2), pages 154-194, April.
- Nguyen, Trung Thanh & Do, Manh Hung, 2021. "Impact of economic sanctions and counter-sanctions on the Russian Federation’s trade," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 267-278.
- Morad Bali, 2018. "The Impact of Economic Sanctions on Russia and its Six Greatest European Trade Partners," Post-Print halshs-01918521, HAL.
- Simola, Heli, 2023. "What the literature says about the effects of sanctions on Russia," BOFIT Policy Briefs 8/2023, Bank of Finland Institute for Emerging Economies (BOFIT).
- Barseghyan, Gayane, 2019. "Sanctions and counter-sanctions : What did they do?," BOFIT Discussion Papers 24/2019, Bank of Finland, Institute for Economies in Transition.
- Afesorgbor, Sylvanus Kwaku & Mahadevan, Renuka, 2016.
"The Impact of Economic Sanctions on Income Inequality of Target States,"
World Development, Elsevier, vol. 83(C), pages 1-11.
- Sylvanus Kwaku Afesorgbor & Renuka Mahadevan, 2016. "The Impact of Economic Sanctions on Income Inequality of Target States," Economics Working Papers 2016-04, Department of Economics and Business Economics, Aarhus University.
- Konstantin A. Kholodilin & Aleksei Netsunajev, 2016.
"Crimea and Punishment: The Impact of Sanctions on Russian and European Economies,"
Discussion Papers of DIW Berlin
1569, DIW Berlin, German Institute for Economic Research.
- Kholodilin, Konstantin A. & Netsunajev, Aleksei, 2017. "Crimea and punishment: the impact of sanctions on Russian and European economies," Bank of Estonia Working Papers wp2017-5, Bank of Estonia, revised 11 Sep 2017.
- Nady Rapelanoro & Bali Morad, 2020.
"International Economic Sanctions: Multipurpose Index Modelling in the Ukrainian Crisis Case,"
Working Papers
hal-04159719, HAL.
- Nady Rapelanoro & BALI Morad, 2020. "International Economic Sanctions: Multipurpose Index Modelling in the Ukrainian Crisis Case," EconomiX Working Papers 2020-8, University of Paris Nanterre, EconomiX.
- Liudmila Popova & Ehsan Rasoulinezhad, 2016. "Have Sanctions Modified Iran’s Trade Policy? An Evidence of Asianization and De-Europeanization through the Gravity Model," Economies, MDPI, vol. 4(4), pages 1-15, October.
- Tran Manh Ha & Doan Ngoc Thang, 2023. "Economic sanction and global sourcing complexity: A cross‐country analysis," The World Economy, Wiley Blackwell, vol. 46(4), pages 1017-1050, April.
- Frank, Jonas, 2018. "The effects of economic sanctions on trade: New evidence from a panel PPML gravity approach," Hohenheim Discussion Papers in Business, Economics and Social Sciences 17-2018, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
- Jun Wen & Xinxin Zhao & Quan-Jing Wang & Chun-Ping Chang, 2021. "The impact of international sanctions on energy security," Energy & Environment, , vol. 32(3), pages 458-480, May.
- Anna Miromanova, 2023. "The effectiveness of embargoes: Evidence from Russia," The World Economy, Wiley Blackwell, vol. 46(4), pages 906-940, April.
- repec:wsr:wpaper:y:2017:i:174 is not listed on IDEAS
- repec:zbw:bofitp:2019_024 is not listed on IDEAS
- Anna Miromanova, 2023. "Quantifying the trade‐reducing effect of embargoes: Firm‐level evidence from Russia," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(3), pages 1121-1160, August.
- Konstantin A. Kholodilin & Aleksei Netsunajev, 2019.
"Crimea and punishment: the impact of sanctions on Russian economy and economies of the euro area,"
Baltic Journal of Economics, Baltic International Centre for Economic Policy Studies, vol. 19(1), pages 39-51.
- Kholodilin, Konstantin A. & Netšunajev, Aleksei, 2019. "Crimea and punishment: the impact of sanctions on Russian economy and economies of the euro area," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 19(1), pages 39-51.
- Estrada, Mario Arturo Ruiz & Koutronas, Evangelos, 2022. "The impact of the Russian Aggression against Ukraine on the Russia-EU Trade," Journal of Policy Modeling, Elsevier, vol. 44(3), pages 599-616.
- Piotr Lukaszuk, 2021. "You can smuggle but you can't hide: Sanction evasion during the Ukraine crisis," Aussenwirtschaft, University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research, vol. 71(01), pages 73-125, December.
- Kim, Kyoochul, 2020. "Finding Loopholes in Sanctions: Effects of Sanctions on North Korea’s Refined Oil Prices," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 42(4), pages 1-25.
- Dizaji, S.F. & Lis, P. & Murshed, S.M. & Zweiri, M., 2020. "What the political economy literature tells us about blockades and sanctions," ISS Working Papers - General Series 130655, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
- Zhentao Li & Tianzi Li, 2022. "Economic Sanctions and Regional Differences: Evidence from Sanctions on Russia," Sustainability, MDPI, vol. 14(10), pages 1-23, May.
More about this item
Keywords
Ukrainian crisis; Economic sanctions; Sanction index; Structural vector autoregressive models; Russia; European Union;All these keywords.
JEL classification:
- F - International Economics
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
- C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:inteco:v:168:y:2021:i:c:p:25-39. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.sciencedirect.com/science/journal/21107017 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.