IDEAS home Printed from https://ideas.repec.org/a/nos/voprec/y2022id3649.html
   My bibliography  Save this article

Settlement and regional differences in the impact of the food embargo on household consumer spending

Author

Listed:
  • E. V. Berendeeva
  • T. A. Ratnikova

Abstract

This study examines the impact of food counter‑sanctions introduced in 2014 and the accompanying shock price hike on consumer spending in Russian households. Moscow residents were studied separately as being mostly inclined to consume imported products, for whom the real total gap with potential consumer spending was estimated at 4,600 rub. per month per family, which is 2,2 times higher than the same indicator for the regions. Importantly, for the residents of Moscow the most deviating from the scenario trajectory was the cost of dairy products, while for the residents of the regions meat products were mostly deviating. In terms of the type of settlement in which the household lives, the real effect for urban dwellers was more than 3 times higher than for rural dwellers. While for the residents of cities significant parts of the losses are those in the market for fruits and vegetables, for rural residents this market was protected from negative consequences.

Suggested Citation

  • E. V. Berendeeva & T. A. Ratnikova, 2022. "Settlement and regional differences in the impact of the food embargo on household consumer spending," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 3.
    • Handle: RePEc:nos:voprec:y:2022:id:3649
    DOI: 10.32609/0042-8736-2022-3-118-131
    as

    Download full text from publisher

    File URL: https://www.vopreco.ru/jour/article/viewFile/3649/2453
    Download Restriction: no
    File URL: https://libkey.io/10.32609/0042-8736-2022-3-118-131?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

    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:nos:voprec:y:2022:id:3649. 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: NEICON (email available below). General contact details of provider: https://www.vopreco.ru .

    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.