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022			_a1467-8276
100			_aLarch, Mario _9122047
245		0	_aEconomic sanctions and agricultural trade
260			_bAmerican Journal of Agricultural Economics
260			_c2024
300			_a1477-1517
520			_aEconomic 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			_a Agriculture _9916
650			_a Heterogeneity _95425
650			_a Sanctions _9122048
650			_a Structural Gravity _9122049
650			_aTrade
700			_a Luckstead, Jeff _9122050
700			_a Yotov, Yoto V. _9122051
856			_uhttps://onlinelibrary.wiley.com/doi/abs/10.1111/ajae.12473
999			_c134199 _d134199