Effects of Trade Wars on Belarus

Aleksandr Vashchilko

No 37, BEROC Policy Paper Series from Belarusian Economic Research and Outreach Center (BEROC)

Abstract: This paper looks at the effects of the trade wars that followed 2014 events in Ukraine on Belarus. The estimation of the model predicts the increase in the tariff revenue collected by Belarus. Because of ban on imports, the tari§ revenue of Russian Federation declines. Being a part of Customs Union, Belarus needs to participate in the tariff revenue redistribution. The need to participate in the tariff revenue redistribution and the decline in the tariff revenue collected by Russian Federation lead to the decrease in the welfare of Belarus. To avoid this decrease, Belarus should argue for the modification of the redistribution schedule.

Keywords: trade wars; FTA; CU (search for similar items in EconPapers)
JEL-codes: F13 F14 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2016-05
New Economics Papers: this item is included in nep-cis and nep-int
Note: in Russian
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Persistent link: https://EconPapers.repec.org/RePEc:bel:ppaper:37

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