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Sanctions, what sanctions? : An empirical study on the effect of economic sanctions against the Russian Federation between 2014 and 2019Ahl, Hampus, Lundmark, Viktor January 2021 (has links)
In this thesis we examine if sanctions had a causal effect on total trade on Russia after its annexation of Crimea 2014. To answer this a synthetic control method (SCM) and a difference in difference (DiD) method was implemented. The results show that a causal effect of sanctions was not found by neither method. However, the year 2016 and 2017 result gave a statistically significant causal effect with the SCM where the synthetic unit is 1.23 times greater than Russia. A general practical or statistically significant causal effect was not found.
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