IDEAS home Printed from https://ideas.repec.org/a/arh/jrujec/v9y2023i3p271-283.html
   My bibliography  Save this article

Impact of EU sanctions on EU19 food imports from Russia

Author

Listed:
  • Agus Dwi Nugroho

    (Hungarian University of Agriculture and Life Sciences, Godollo, Hungary
    Universitas Gadjah Mada, Yogyakarta, Indonesia)

  • Imade Yoga Prasada

    (Universitas Putra Bangsa, Kebumen, Indonesia)

  • Zoltan Lakner

    (Hungarian University of Agriculture and Life Sciences, Godollo, Hungary)

Abstract

The EU has agreed to sanction Russia by prohibiting bilateral trade, including food imports. This study aims to determine the impact of EU sanctions on EU19 food imports from Russia. The two-stage least squares (TSLS) and propensity score matching (PSM) were used to analyze EU19 food import data from January 1999 to October 2022. According to the findings of this study, the sanctions have no impact on EU19 food imports from Russia. The sanctions were only recently imposed so they have not had a significant impact on bilateral trade between the EU and Russia. On the other hand, EU19 is trying to be realistic about the implementation of sanctions due to their reliance on Russian food. Our findings provide a new perspective for the development of a non-tariff-barrier theory in which sanctions or other trade barriers are ineffective in countries that rely heavily on other countries.

Suggested Citation

  • Agus Dwi Nugroho & Imade Yoga Prasada & Zoltan Lakner, 2023. "Impact of EU sanctions on EU19 food imports from Russia," Russian Journal of Economics, ARPHA Platform, vol. 9(3), pages 271-283, October.
    • Handle: RePEc:arh:jrujec:v:9:y:2023:i:3:p:271-283
    DOI: 10.32609/j.ruje.9.103780
    as

    Download full text from publisher

    File URL: https://rujec.org/article/103780/
    Download Restriction: no
    File URL: https://libkey.io/10.32609/j.ruje.9.103780?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

    sanction EU Russia trade barriers;

    JEL classification:

    • F49 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Other
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

    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:arh:jrujec:v:9:y:2023:i:3:p:271-283. 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: Teodor Georgiev (email available below). General contact details of provider: https://rujec.org/ .

    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.