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Effects of Trade Wars on Belarus

Author

Listed:
  • Aleksandr Vashchilko

Abstract

This paper looks at the effects of the trade wars that followed 2014 events in Ukraine on Belarus. The estimation of the model predicts the increase in the tari? revenue collected by Belarus. Because of ban on imports, the tariff revenue of Russian Federation declines. Being a part of Customs Union, Belarus needs to participate in the tariff revenue redistribution. The need to participate in the tariff revenue redistribution and the decline in the tariff revenue collected by Russian Federation lead to the decrease in the welfare of Belarus. To avoid this decrease, Belarus should argue for the modification of the redistribution schedule.

Suggested Citation

  • Aleksandr Vashchilko, 2016. "Effects of Trade Wars on Belarus," BEROC Working Paper Series 33, Belarusian Economic Research and Outreach Center (BEROC).
  • Handle: RePEc:bel:wpaper:33
    as

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    File URL: http://eng.beroc.by/webroot/delivery/files/Effects_of_Trade_Wars_on_Belarus.pdf
    File Function: First version, 2015
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    References listed on IDEAS

    as
    1. Sherzod Shadikhodjaev, 2009. "Trade Integration in the CIS Region: A Thorny Path Towards a Customs Union," Journal of International Economic Law, Oxford University Press, vol. 12(3), pages 555-578, September.
    2. Carlo Perroni & John Whalley, 2000. "The new regionalism: trade liberalization or insurance?," Canadian Journal of Economics, Canadian Economics Association, vol. 33(1), pages 1-24, February.
    3. Krugman, Paul R, 1981. "Intraindustry Specialization and the Gains from Trade," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 959-973, October.
    4. Ralph Ossa, 2014. "Trade Wars and Trade Talks with Data," American Economic Review, American Economic Association, vol. 104(12), pages 4104-4146, December.
    5. Krugman, Paul R., 1979. "Increasing returns, monopolistic competition, and international trade," Journal of International Economics, Elsevier, vol. 9(4), pages 469-479, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    trade wars; FTA; CU;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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    This paper has been announced in the following NEP Reports:

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