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panel difference-in-differences estimations and an event study design. Motivated by the claim that China and Russia … purposefully undermine US sanction efforts, we test whether target countries' trade with China and Russia increases under US trade … countries. Trade of targets of US sanctions with China declines even more than trade with the US. These general patterns are …
Persistent link: https://www.econbiz.de/10013455721
With ever-increasing political tensions between China and Russia on one side and the EU and the US on the other, it …
Persistent link: https://www.econbiz.de/10013186412
estimate the impact on firm performance from smart sanctions deployed by the U.S. and EU against Russia beginning in 2014. We …
Persistent link: https://www.econbiz.de/10012001872
How do firms in neutral developing countries adjust their supply chains in response to geopolitical and economic fragmentation? Do they comply with or circumvent Western sanctions on Russia? Using comprehensive transaction-level bill of lading data from major developing countries, we study these...
Persistent link: https://www.econbiz.de/10014529225
Using Russia as a case study and a global VAR model as a methodological tool, we analyze how heightened geopolitical risk shocks propagate across advanced economies and quantify the economic effects of these events. The global VAR impulse response functions in response to the skyrocketing...
Persistent link: https://www.econbiz.de/10014452016
Foreign aid from China is often characterized as "rogue aid" that is not guided by recipient need but by China …, covering the 1956-2006 period, to empirically test to which extent political and commercial interests shape China's aid … allocation decisions. We estimate the determinants of China's allocation of project aid, food aid, medical teams and total aid …
Persistent link: https://www.econbiz.de/10009302132
We run a large-scale natural field experiment to evaluate alternative strategies to enforce compliance with the law. The experiment varies the text of mailings sent to potential evaders of TV license fees. We find a strong alert effect of mailings, leading to a substantial increase in...
Persistent link: https://www.econbiz.de/10003887177
We examine the effects of World Uncertainty and Geopolitical Risk on Trade flows for 31 European economies between 1995 and 2023. To do so, we resort to Panel estimation techniques, including OLS and Poisson Pseudo Maximum Likelihood (PPML). Our findings reveal that European nations primarily...
Persistent link: https://www.econbiz.de/10015077831
We assess the impact of geopolitical risk and world uncertainty on the sovereign debt risk of 26 European Economies during the period 1984-2022, through the implementation of OLS-Fixed Effects regressions and the Generalized Method of Moments (GMM). We find that geopolitical tensions and global...
Persistent link: https://www.econbiz.de/10014442414
coefficients for the EU for 27 economies between 2001Q4 and 2022Q3. While fiscal sustainability coefficients derive from the …
Persistent link: https://www.econbiz.de/10014517944