2min chapter

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S6 Ep22: The impact of trade sanctions

VoxTalks Economics

CHAPTER

The Effects of Russian Energy Exports to the EU

The data that we use is the international country input output table. That's released by the ICI. So they have very global coverage, I think there's data on about 60 countries and pretty granular coverage in terms of sectors. The numbers that we find are actually close to what a lot of other people have found. It's hovering around 1%. And then you get a much, much larger effect on both the Russian economy and EU economy.

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