Influence of EU-Russian sanctions and oil price on Danish trade
Journal: Journal of International Logistics and Trade
Year: 2022

Purpose The article compares the effect of European Union (EU)-Russian sanctions imposed in 2014 with the influence of fluctuating oil prices on Danish trade. Design/methodology/approach In this paper annual import and export trade data between Denmark and 152 countries from the period 2002–18 were computed in STATA/SE 16.1 using the Gravity model to evaluate the effect of economic sanctions and the price of oil. Findings Results showed that the impact from the fall of oil price exceeded the neg