RUSSIAN AGRICULTURAL IMPORT BAN: QUANTIFYING LOSSES OF GERMAN AGRI-FOOD EXPORTERS

Svetlana Fedoseeva

No 244867, 56th Annual Conference, Bonn, Germany, September 28-30, 2016 from German Association of Agricultural Economists (GEWISOLA)

Abstract: This paper is a back-of-the-envelope attempt to assess the losses that German agri-food exporters encountered due to the Russian import ban that was introduced in August 2014 and recently has been extended for at least one more year. Looking at exports in a time-series perspective it is shown that exporters’ losses due to the boycott itself are not that severe if two earlier episodes of rather drastic export reductions are taken into account: first, due to Russian import restrictions of meat and milk products in 2013 and second, due to an increased uncertainty in European-Russian trade relations as the Ukrainian conflict escalated and sides exchanged the very first sanctions. The results suggest that although the import ban had a negative impact on German agri-food exports to Russia, its extent was not as large as one may guesstimate without considering a broader picture of trade barriers imposed by Russia on German exporters in the recent years.

Keywords: International; Relations/Trade (search for similar items in EconPapers)
Pages: 14
Date: 2016
New Economics Papers: this item is included in nep-agr, nep-cis and nep-int
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:gewi16:244867

DOI: 10.22004/ag.econ.244867

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