Hinz, Julian; Monastyrenko, Evgenii - 2018
In August 2014, the Russian Federation implemented an embargo on select food and agricultural imports from Western …, Norway, Ukraine, along other Western countries. In this study we quantify the effect of the embargo for welfare and consumer … embargo caused consumer prices of embargoed goods to rise in the short run by 8.9% - 12.6%. Regions of Russia with previously …