Trade barriers and trade diversion. Consequences of Russian trade barriers on Georgian trade
Journal: DSpace repository (University of Tartu)
Year: 2019

Within the current upspring of protectionism, countries are increasingly using different barriers to trade in pursuing their political interests.This paper analyses the effects of Russian sanctions on Georgian trade flow imposed in 2006 and examines the effect on trade diversion.The paper estimates the effect of complete embargo on Georgian agricultural products by applying Synthetic Control Method (SCM) and measuring the difference between the food export level of a real and synthetic country.R