Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/280982 
Authors: 
Year of Publication: 
2023
Series/Report no.: 
BOFIT Policy Brief No. 16/2023
Publisher: 
Bank of Finland, Bank of Finland Institute for Emerging Economies (BOFIT), Helsinki
Abstract: 
We construct a proxy for Russia's war-related output to evaluate the macroeconomic importance of war-related branches for Russia since the 2022 invasion of Ukraine. Our results suggest that warrelated branches contributed significantly to Russia's economic recovery after the sharp decline of GDP in spring 2022. The largest contribution came from low-tech industries where Russia is less dependent on imports. With war-related branches diverting resources from civilian industries, Russia will find it increasingly difficult to maintain its current level of growth.
Subjects: 
Russia
economy
military industry
sanctions
Persistent Identifier of the first edition: 
Document Type: 
Research Report

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.