IDEAS home Printed from https://ideas.repec.org/a/zbw/espost/172665.html
   My bibliography  Save this article

The rouble crisis and Russian wheat export controls

Author

Listed:
  • Götz, Linde
  • Koester, Ulrich
  • Glauben, Thomas
  • Bulavin, Rudolf

Abstract

The Russian government implemented a wheat export tax in February 2015 to reduce food inflationary pressures resulting from the rouble's dramatic devaluation. This article discusses the causes of the rouble's instability and volatility, and the effects of the export controls on domestic wheat and bread prices. Although such export taxes are appealing to governments due to their low financial costs, we show that their economic costs are substantial in the long run. We suggest desisting from such trade-oriented measures and instead helping consumers adapt to high food prices.

Suggested Citation

  • Götz, Linde & Koester, Ulrich & Glauben, Thomas & Bulavin, Rudolf, 2015. "The rouble crisis and Russian wheat export controls," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 50(4), pages 227-233.
    • Handle: RePEc:zbw:espost:172665
    DOI: 10.1007/s10272-015-0547-x
    as

    Download full text from publisher

    File URL: https://www.econstor.eu/bitstream/10419/172665/1/833829041.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.1007/s10272-015-0547-x?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
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Svanidze, Miranda & Götz, Linde, 2019. "Determinants of spatial market efficiency of grain markets in Russia," Food Policy, Elsevier, vol. 89(C).
    2. repec:zbw:iamodp:235157 is not listed on IDEAS
    3. Svanidze, Miranda, 2020. "Spatial market efficiency of grain markets in the post-Soviet countries and implications for global food security," Studies on the Agricultural and Food Sector in Transition Economies, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), volume 96, number 96.
    4. Götz, Linde & Djuric, Ivan & Nivievskyi, Oleg, 2016. "Regional wheat price effects of extreme weather events and wheat export controls in Russia and Ukraine [Regionale Weizenpreiseffekte von Wetterextremen und Weizenexportkontrollen in Russland und de," IAMO Discussion Papers 154, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    5. Svanidze, Miranda, 2020. "Spatial market efficiency of grain markets in the post-Soviet countries and implications for global food security," Studies on the Agricultural and Food Sector in Transition Economies 310043, Institute of Agricultural Development in Transition Economies (IAMO).
    6. repec:zbw:iamost:310043 is not listed on IDEAS
    7. Ostapchuk, Igor & Gagalyuk, Taras & Epshtein, David & Dibirov, Abusupyan, 2021. "What drives the acquisition behavior of agroholdings? Performance analysis of agricultural acquisition targets in Northwest Russia and Ukraine," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 24(4), February.
    8. Ahmed, Osama, 2021. "Assessing the current situation of the world wheat market leadership: Using the semi-parametric approach," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 9(2).
    9. Ostapchuk, Igor & Gagalyuk, Taras & Epshtein, David & Dibirov, Abusupyan, 2021. "What drives the acquisition behavior of agroholdings? Performance analysis of agricultural acquisition targets in Northwest Russia and Ukraine," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 24(4), pages 593-613.

    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:zbw:espost:172665. 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.