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Response of micro, small, and medium-sized companies to the sanctions: Evidence from the Russian regions

Author

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  • Alina Urazbaeva

    (HSE University, Moscow, Russia)

Abstract

The study objective is to estimate the change in the number of micro-, small-, and medium-sized companies in response to the sanctions imposed on the region of their registration. The estimated dose-response functions indicate that greater exposure to sanctions leads to a greater change in the number of enterprises. Extractive and agricultural regions were less affected by the sanctions, while small and medium-sized companies in manufacturing and service sector regions experienced growth. The findings are essential for regional policymaking in supporting business growth.

Suggested Citation

  • Alina Urazbaeva, 2025. "Response of micro, small, and medium-sized companies to the sanctions: Evidence from the Russian regions," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 78, pages 50-65.
    • Handle: RePEc:ris:apltrx:0521
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • C21 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • R15 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Econometric and Input-Output Models; Other Methods

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