IDEAS home Printed from https://ideas.repec.org/a/zbw/espost/341363.html

Import substitution and Russian food independence

Author

Listed:
  • Götz, Linde
  • Jamali Jaghdani, Tinoush
  • Tejeda, Hernan A.

Abstract

We investigate whether Russia’s change in trade policy from increasingly WTO compliant, pre-WTO accession policy to being restrictive, discretionary and WTO non-compliant has changed price volatility on the domestic market. DCC-MGARCH model results suggest doubling of conditional volatility and volatility correlation between pork producer prices along Russia’s pork supply chain. A volatility regime switch is confirmed by the regime switching dynamic correlations model. Our findings show that contrary to their objective, discretionary trade restrictions may increase price volatility in the domestic market. Trade restrictions need to be redesigned such that rule-based, WTO-conform trade policies are implemented instead.

Suggested Citation

  • Götz, Linde & Jamali Jaghdani, Tinoush & Tejeda, Hernan A., 2026. "Import substitution and Russian food independence," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 53(2), pages 772-816.
    • Handle: RePEc:zbw:espost:341363
    DOI: 10.1093/erae/jbaf067
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/341363/1/Goetz_2026_Russian_food_independence.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.1093/erae/jbaf067?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

    Statistics

    Access and download statistics

    Corrections

    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:zbw:espost:341363. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/zbwkide.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.