Article - Problems of Modern Economics

Bali M.
Research fellow, Laboratory for International Security and European Cooperation Studies, Grenoble Alpes University (Grenoble, France), PhD (Economics)
Burova N. V.
St. Petersburg State University of Economy and Finances, PhD (Economics), Professor
Feigin G. F.
Chair of General Economic Theory and the History of Economic Thought, St. Petersburg State University of Economics, PhD (Economics), Professor, PhD (Management), German University of Administrative Sciences, Speyer, Germany

Modelling of the effect and length of the impact produced by sanction in the international economic system (France; Grenoble, Russia, St. Petersburg)

The article describes the foundations of the economic sanction politics in the context of anti-Russian sanctions after 20114. The authors describe results of the econometric modelling of the impact produced by the sanctions and support the efficacy of the “sanction index” as an explanatory factor.

Key words: political economy of sanctions, sanction index, model of the structural vector auto-regression, impulse response function

Pages: 64 - 69

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