2015
DOI: 10.1080/1406099x.2015.1072385
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No milk for the bear: the impact on the Baltic states of Russia's counter-sanctions

Abstract: The Russian government banned in August 2014 imports of different food and agricultural products from the European Union as a countermeasure to sanctions introduced by the EU and several other countries after Russia's actions in Ukraine and the annexation of Crimea. This paper assesses the effect of Russia's counter-sanctions on the economies of the Baltic states using different statistics sources and an international input-output model, while taking into account possible data problems in international trade d… Show more

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Cited by 22 publications
(20 citation statements)
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“…Although the impact of the Russian sanctions on the growth of the EU and the euro zone has been estimated as rather limited several EU countries have nevertheless announced that they faced serious difficulties due to the Russian sanctions and asked for measures to compensate it (Oja, 2015). Compared with other EU member states, the Baltic countries are mostly affected by the Russian sanctions according to the estimations.…”
Section: Viljar Veebel Raul Markusmentioning
confidence: 98%
See 1 more Smart Citation
“…Although the impact of the Russian sanctions on the growth of the EU and the euro zone has been estimated as rather limited several EU countries have nevertheless announced that they faced serious difficulties due to the Russian sanctions and asked for measures to compensate it (Oja, 2015). Compared with other EU member states, the Baltic countries are mostly affected by the Russian sanctions according to the estimations.…”
Section: Viljar Veebel Raul Markusmentioning
confidence: 98%
“…According to Mauricas (2015b), the overall export of dairy products fell by 23% in Lithuania, 32% in Latvia and 36% in Estonia from August 2014 to April 2015 due to the sanctions. However, the decline in exports to Russia has been partially compensated by the growth in exports to the other regions (Oja, 2015;Kitsing, 2015).…”
Section: Viljar Veebel Raul Markusmentioning
confidence: 99%
“…Additionally, there are also several scholars who argue that EU membership is something of a detriment to Latvia. Specific examples include that Latvia and the rest of Eastern Europe are sacrificing their normative values to those of the EU as determined by larger states in Western Europe (Vilson 2015, Makarychev 2015, Bechev 2015, Paenke 2015, Kazharski and Makarychev 2015, that Latvia has far less say in its own foreign and domestic policies than it would otherwise have (Panke 2010, Wivel 2012, Rostoks 2012, Ozoliņš et al 2015, that the largest states in the EU are no different from Russia in that they all look out for their own interests at the expense of smaller states (Molder 2011, Shlapentokh 2012, and that EU membership has not actually benefited Latvia's economy as much or in ways that many hoped (Oja 2015, Vitkus 2015, Ozoliņš et al 2015. More specifically, there is a current argument that EU membership is actually hurting Latvia's economy because of Russian countersanctions (Oja 2015).…”
Section: Literaturementioning
confidence: 99%
“…HD 268518 was selected for calibration in this study because of its close proximity to Vesta from 28 December 2005 to 8 January 2006, and because of its G0 spectral classification, which suggests that this star is a solar analog. HD 268518 (B = 8.193 and R C = 7.227 mag) is a standard star in the Johnson-Cousins photometric system, which is based on the Vega magnitude system (Oja 1996). Since HD 268518 is not a standard star in the SDSS photometric system, which is based on the AB magnitude system, it was calibrated with respect to the SDSS standard stars SA 97 249, SA 97 284, SA 97 288, SA 97 345, SA 97 351, SA 100 280, and SA 100 394 (Smith et al 2002), resulting in z ′ = 7.260 mag.…”
Section: Photometric Observationsmentioning
confidence: 99%