The cost of import prohibition for political reason: CGE analysis of the Russian ban on agri-food products

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dc.bibliographicCitation.conferencedate17-19 June 2015es_ES
dc.bibliographicCitation.conferencename18th Annual Conference on Global Economic Analysis. Information for the Policy Maker: Practical Economic Modelling for Tomorrowen
dc.bibliographicCitation.conferenceplaceMelbourne, Australiaes_ES
dc.contributor.authorBoulanger, Pierrees_ES
dc.contributor.authorDudu, Hasanes_ES
dc.contributor.authorFerrari, Emanuelees_ES
dc.contributor.authorPhilippidis, Georgees_ES
dc.date.accessioned2015-10-28T11:36:27Z
dc.date.available2015-10-28T11:36:27Z
dc.date.issued2015es_ES
dc.description.abstractIn August 2014, Russia imposed a one year import ban on most agri-food products from countries enforcing Ukraine-related sanctions against Russia. A computable general equilibrium (CGE) model is used to simulate effects of this retaliatory policy shift across the European Union (EU), Russia and a selection of key trade partners. Sensitivity analysis of factor mobility is performed to better capture short term and long term implications of this import prohibition, while latest trade data are carefully prepared and exploited. In the short term, due to high factor immobility, production has very little leeway to adjust, provoking notable variations in prices which absorb most of the import ban shock. At EU level, price and production decrease by about 1.9% and 0.3% respectively, while in the longer term (if the ban is maintained beyond one year) these figures amount 1.4% and 1.2% respectively. Interestingly, results indicate that Russia is the region with the highest welfare loss (about 3.4 billion euros) while the EU can recover around 25% of the lost trade volume with Russia through expansion of exports to other markets.en
dc.identifier.citation18th Annual Conference on Global Economic Analysis. Information for the Policy Maker: Practical Economic Modelling for Tomorrow, Melbourne, Australia, 17-19 June 2015en
dc.identifier.urihttp://hdl.handle.net/10532/3114
dc.language.isoenes_ES
dc.relation.urihttps://www.gtap.agecon.purdue.edu/resources/res_display.asp?RecordID=4688es_ES
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/es/*
dc.subject.agrovocPolítica agrícolaes
dc.subject.agrovocUnión Europeaes
dc.subject.agrovocRelaciones internacionaleses
dc.subject.agrovocRusiaes
dc.subject.othereconomía agroalimentariaes_ES
dc.titleThe cost of import prohibition for political reason: CGE analysis of the Russian ban on agri-food productsen
dc.typeConference Material*
dc.typeconferenceObject
dc.type.refereedNon-Refereedes_ES
dc.type.specifiedPaperes_ES

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