Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/256796 
Authors: 
Year of Publication: 
2022
Series/Report no.: 
BOFIT Policy Brief No. 4/2022
Publisher: 
Bank of Finland, Bank of Finland Institute for Emerging Economies (BOFIT), Helsinki
Abstract: 
The EU, US and several other countries have responded with a wide range of new economic sanctions on Russia in response to the military attack on Ukraine. These sanctions include various restrictive measures on trade with Russia. In this brief, we examine the potential short-term effects of trade sanctions on Russian production with an input-output framework. We find that the trade sanctions can have substantial negative effects on Russian production when Russia is unable to find alternative markets for imports and exports.
Subjects: 
Russia
trade
sanctions
input-output
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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