| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17415 |
| DP17415 The Impact of Foreign Sanctions on Firm Performance in Russia | |
| Toan L.D. Huynh; Khanh Hoang; Steven Ongena | |
| 发表日期 | 2022-06-30 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | We assess the economic effects of almost two decades of recent sanctions on Russian firms. We find that foreign sanctions leave energy firms in Russia unaffected but do undermine firm performance in the other (non-energy) sectors. In these other sectors, sanctions have a negative impact on capital expenditures and R&D intensity. The cost of capital and firm-level political risk also increase in sanctions. While firms with connections to Russian oligarchs linked to Putin are unaffected, sanctions do not differentiate in their impact between firms with Russian and foreign origin. Finally, Russian firms seemingly were prepared for the Crimea event |
| 主题 | Financial Economics |
| 关键词 | Firm performance Russia Sanctions Political connection |
| URL | https://cepr.org/publications/dp17415 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546496 |
| 推荐引用方式 GB/T 7714 | Toan L.D. Huynh,Khanh Hoang,Steven Ongena. DP17415 The Impact of Foreign Sanctions on Firm Performance in Russia. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
