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How do exporting firms react to sanctions? Specifically, which firms are willing - or capable - to serve the market of a sanctioned country? We investigate this question for four sanctions episodes drawing on recent econometric advances in bias-corrected dynamic high-dimensional fixed effects...
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Economic sanctions are a frequent instrument of foreign policy. In a diplomatic conflict, they aim to elicit a change in the policies of foreign governments by damaging their economy. However, sanctions are not costless for the sending economy, where domestic firms involved in business with the...
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How do exporting firms react to sanctions? Specifically, which firms are willing - or capable - to serve the market of a sanctioned country? We investigate this question for four sanctions episodes drawing on recent econometric advances in bias-corrected dynamic high-dimensional fixed effects...
Persistent link: https://www.econbiz.de/10012258871
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Handels- und Finanzsanktionen sind ein häufig verwendetes Instrument der Außenpolitik. Sie sollen der Wirtschaft des Ziellandes durch Barrieren im Waren-, Kapital- und Personenverkehr schaden, um damit politischen Druck auszuüben. In ihrer modernen Form ("Smart Sanctions") versprechen sie...
Persistent link: https://www.econbiz.de/10012000244
Economic sanctions are a frequently used tool of foreign policy. Constraining trade flows towards or from the target country is supposed to coerce its government into changing certain policies. However, sanctions constitute an obstacle to trade, thereby affecting flows of all countries,...
Persistent link: https://www.econbiz.de/10011746005
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