Sankce západních zemí a ruská odvetná opatření: dopad na české exporty

Title in English Sanctions by Western Countries and Russian Countermeasures: Impact on Czech Exports
Authors

COUFALOVÁ Lucie

Year of publication 2020
Type Article in Periodical
Magazine / Source Politická ekonomie
MU Faculty or unit

Faculty of Economics and Administration

Citation
Web https://polek.vse.cz/pdfs/pol/2020/03/05.pdf
Doi http://dx.doi.org/10.18267/j.polek.1283
Keywords Russian Federation; Czech Republic; sanctions; export; gravity model
Attached files
Description This paper addresses Czech international exports from 2000 to 2017. The goal of the paper is to determine whether the economic sanctions imposed on the Russian Federation by most of the Western countries, and especially the countermeasures adopted by the Kremlin, have exercised any significant effect on the Czech exports to Russia. The approach adopted is a gravity model and the results lead to the conclusion that the economic sanctions do not have any significant effect on the global Czech exports to Russia. Nevertheless, the sanctions affect the type of future economic cooperation between the Czech Republic and the Russian Federation.
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