The Impact of the Russo-Ukrainian War on the Bilateral Trade in the Region: Evidence from a Panel Gravity Model

IF 1.1 Q4 BUSINESS Foreign Trade Review Pub Date : 2023-10-22 DOI:10.1177/00157325231191891
Özge Korkmaz, Semih Karacan
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Abstract

This study aims to investigate the regional impact of the sanctions imposed by the West on the Russian Federation. To this end, we used two samples to estimate the determinants of bilateral trade. The first dataset belongs to ex-Soviet countries between 1992 and 2019, and the second dataset expands it with bilateral trade data relating to China, Iran and Turkey. The results reveal that there are structural differences between the two samples regarding the determinants of the bilateral trade flows and sanctions that have spillover effects in the region. We also projected our findings to the recent events. JEL Codes: C33, F13, F14
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俄乌战争对该地区双边贸易的影响:来自面板重力模型的证据
本研究旨在调查西方制裁对俄罗斯联邦的区域影响。为此,我们使用两个样本来估计双边贸易的决定因素。第一个数据集属于1992年至2019年的前苏联国家,第二个数据集扩展了与中国、伊朗和土耳其有关的双边贸易数据。结果表明,在双边贸易流动的决定因素和对该地区具有溢出效应的制裁方面,两个样本之间存在结构性差异。我们还把我们的发现与最近发生的事件联系起来。JEL代码:C33, F13, F14
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来源期刊
CiteScore
2.50
自引率
23.10%
发文量
37
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