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Agrarian import ban and its impact on the Russian and European Union agrarian trade performance.

Authors :
SMUTKA, Lubos
SPICKA, Jindrich
ISHCHUKOVA, Natalia
SELBY, Richard
Source :
Agricultural Economics / Zemědělská Ekonomika; 2016, Vol. 62 Issue 11, p493-506, 14p
Publication Year :
2016

Abstract

Th e main objective of the paper is to identify the impact of the Russian agrarian import ban on imports of certain agricultural products from Europe, Norway, Canada, the USA and Australia. Th e import ban particularly aff ected the import of competitive agricultural and foodstuff commodities into Russia. Th e ban was the result of the political and security tensions existing between the Russian Federation and the Western World, since early 2014. If we take into consideration the volume of the mutual trade and the importance of the mutual trade for each of the stakeholders mentioned above, it can be assumed that the main objectives of the Russian embargo was not to hurt the individual countries - especially the European Union, but rather to support domestic producers in order to achieve a higher level of self-sufficiency in basic agricultural products. It is evident that the objective of the applied import ban is to reduce the dependence of the Russian Federation on imports. Th is paper provides an analysis of the most aff ected product groups and products, especially in relation to the EU countries. Th e paper provides the following fi ndings: Th e result of the applied import ban was a significant reduction of the Russian agrarian import value. Th e import ban also improved the overall competitiveness of the Russian agricultural trade, whilst on the other hand, the competitiveness of some commodity groups was reduced. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
0139570X
Volume :
62
Issue :
11
Database :
Complementary Index
Journal :
Agricultural Economics / Zemědělská Ekonomika
Publication Type :
Academic Journal
Accession number :
119523913
Full Text :
https://doi.org/10.17221/294/2015-AGRICECON