Economic sanctions and agricultural trade (Record no. 134199)

MARC details
000 -LEADER
fixed length control field 01913nam a2200229Ia 4500
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fixed length control field 241008s9999||||xx |||||||||||||| ||und||
022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 1467-8276
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Larch, Mario
9 (RLIN) 122047
245 #0 - TITLE STATEMENT
Title Economic sanctions and agricultural trade
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. American Journal of Agricultural Economics
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 1477-1517
520 ## - SUMMARY, ETC.
Abstract Economic sanctions are more popular than ever. But do they affect agricultural trade? Combining two new datasets and capitalizing on the latest developments in the empirical structural gravity literature, we investigate the effects of sanctions on international trade of agricultural products. We find that trade sanctions impede agricultural trade, whereas other sanctions do not show any significant impact. Complete trade sanctions have led to about a 67% decrease in the agricultural trade between the sanctioned and sanctioning countries, or a corresponding tariff equivalent of 25%, and we also obtain significant estimates for partial sanctions. At the industry level, we find substantial heterogeneity depending on the sanctioning and sanctioned countries, the type of sanctions used, and the direction of trade flows. The 2014 sanctions on Russia substantially decreased Russia's agricultural trade, mainly due to reduced trade with the EU but also due to reduced trade with other countries. Although no definitive evidence exists that sanctions alter the actions of governments of receiving countries, this paper provides broad evidence that sanctions hamper agrifood trade and hurt producers, consumers, and real output.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Agriculture
9 (RLIN) 916
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Heterogeneity
9 (RLIN) 5425
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Sanctions
9 (RLIN) 122048
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Structural Gravity
9 (RLIN) 122049
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Trade
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Luckstead, Jeff
9 (RLIN) 122050
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Yotov, Yoto V.
9 (RLIN) 122051
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/ajae.12473">https://onlinelibrary.wiley.com/doi/abs/10.1111/ajae.12473</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 134199
Holdings
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        Dr VKRV Rao Library Dr VKRV Rao Library 08/10/2024 Vol. 106, No. 4   AI483 08/10/2024 08/10/2024 Article Index