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Sankce západních zemí a ruská odvetná opatření: dopad na české exporty
[Sanctions by Western Countries and Russian Countermeasures: Impact on Czech Exports]

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  • Lucie Coufalová

Abstract

This paper addresses Czech international exports from 2000 to 2017. The goal of the paper is to determine whether the economic sanctions imposed on the Russian Federation by most of the Western countries, and especially the countermeasures adopted by the Kremlin, have exercised any significant effect on the Czech exports to Russia. The approach adopted is a gravity model and the results lead to the conclusion that the economic sanctions do not have any significant effect on the global Czech exports to Russia. Nevertheless, the sanctions affect the type of future economic cooperation between the Czech Republic and the Russian Federation.

Suggested Citation

  • Lucie Coufalová, 2020. "Sankce západních zemí a ruská odvetná opatření: dopad na české exporty [Sanctions by Western Countries and Russian Countermeasures: Impact on Czech Exports]," Politická ekonomie, Prague University of Economics and Business, vol. 2020(3), pages 348-366.
    • Handle: RePEc:prg:jnlpol:v:2020:y:2020:i:3:id:1283:p:348-366
    DOI: 10.18267/j.polek.1283
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    References listed on IDEAS

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    More about this item

    Keywords

    Russian Federation; Czech Republic; sanctions; export; gravity model;
    All these keywords.

    JEL classification:

    • C24 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Truncated and Censored Models; Switching Regression Models; Threshold Regression Models
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F51 - International Economics - - International Relations, National Security, and International Political Economy - - - International Conflicts; Negotiations; Sanctions

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