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Russian food and agricultural import ban: The impact on the domestic market for cattle, pork and poultry
[Russisches Agrar- und Lebensmittelimportverbot: Auswirkungen auf den heimischen Markt für Rind-, Schweine- und Geflügelfleisch]

Author

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  • Perekhozhuk, Oleksandr
  • Glauben, Thomas

Abstract

This study analyses the impact of the Russian food and agricultural import ban on import of meat, the structural changes of trade pattern and reallocation of import flows of meat and meat products, and the price development in the import market and its impact on producers and consumers market for cattle, pork and poultry meat in the Russian Federation (RF). There is empirical evidence that the collapse of meat exports to Russia and, hence, the increase of meat prices happened even long before the import ban was introduced. The structure of Russian import market for meat has significantly changed. Brazil became the largest meat exporter in the Russian meat import market achieving market share in the total meat import of the RF almost 50% in 2015-2016. The structural changes of the Russian import market suggests that the beef and pork exporters are not price-takers on the one hand. On the other hand, they may be able to discriminate prices in the Russian import markets.

Suggested Citation

  • Perekhozhuk, Oleksandr & Glauben, Thomas, 2018. "Russian food and agricultural import ban: The impact on the domestic market for cattle, pork and poultry [Russisches Agrar- und Lebensmittelimportverbot: Auswirkungen auf den heimischen Markt für R," IAMO Discussion Papers 170, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
  • Handle: RePEc:zbw:iamodp:170
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    References listed on IDEAS

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    1. Miljkovic, Dragan & Marsh, John M. & Brester, Gary W., 2002. "Japanese Import Demand for U.S. Beef and Pork: Effects on U.S. Red Meat Exports and Livestock Prices," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 34(3), pages 501-512, December.
    2. Flavio Vilela Vieira & Ronald MacDonald, 2016. "Exchange rate volatility and exports: a panel data analysis," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 43(2), pages 203-221, May.
    3. Dragan Miljkovic & Gary Brester & John Marsh, 2003. "Exchange rate pass-through, price discrimination, and US meat export prices," Applied Economics, Taylor & Francis Journals, vol. 35(6), pages 641-650.
    4. Bruno Coric & Geoff Pugh, 2010. "The effects of exchange rate variability on international trade: a meta-regression analysis," Applied Economics, Taylor & Francis Journals, vol. 42(20), pages 2631-2644.
    5. Marie‐Hélène Felt & Jean‐Philippe Gervais & Bruno Larue, 2011. "Market power and import bans: the case of Japanese pork imports," Agribusiness, John Wiley & Sons, Ltd., vol. 27(1), pages 47-61, Winter.
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    Cited by:

    1. Elena Horská & Stanislav Farkaš & Nadezhda V. Akkanina, 2018. "Selected Sanctions Episodes Across Trade Flows, Firms And Consumer Attitudes: Russian Food Ban And Implication For Agribusiness," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 12(1), pages 64-77.

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    More about this item

    Keywords

    import ban; meat export; market structure; pricing; Russia; Importverbot; Fleischexport; Marktstruktur; Preisbildung; Russland;
    All these keywords.

    JEL classification:

    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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