Going Dutch? Firm exports and FDI in the wake of the 2014 EU‐Russia sanctions
Journal: Review of International Economics
Year: 2023

Abstract We examine the 2014 European Union economic sanctions on exports to Russia and the Russian retaliatory measures on imports from several Western countries. Using the universe of highly disaggregated international trade and taxation data for firms in the Netherlands, we systematically analyze the impact of these economic sanctions on Dutch firms' exports and foreign direct investment. Our analyses account for the product‐specific EU restrictions on arms, equipment used for oil exploration