Russian Food Import Ban – Impacts on Rural and Regional Development in Finland
Abstract This paper investigates the economic effects of the food import ban that Russia imposed vis-à-vis the European Union in 2014 on the development of two structurally different rural regions in Finland. A detailed, rural-urban dataset was compiled for use with a recursive dynamic computable ge...
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2020
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crdegruyter:10.2478/euco-2020-0027 2023-05-15T17:00:07+02:00 Russian Food Import Ban – Impacts on Rural and Regional Development in Finland Hyytiä, Nina 2020 http://dx.doi.org/10.2478/euco-2020-0027 https://content.sciendo.com/view/journals/euco/12/4/article-p506.xml https://www.sciendo.com/pdf/10.2478/euco-2020-0027 en eng Walter de Gruyter GmbH http://creativecommons.org/licenses/by-nc-nd/4.0 CC-BY-NC-ND European Countryside volume 12, issue 4, page 506-526 ISSN 1803-8417 Management, Monitoring, Policy and Law Nature and Landscape Conservation Geography, Planning and Development journal-article 2020 crdegruyter https://doi.org/10.2478/euco-2020-0027 2022-06-16T13:41:12Z Abstract This paper investigates the economic effects of the food import ban that Russia imposed vis-à-vis the European Union in 2014 on the development of two structurally different rural regions in Finland. A detailed, rural-urban dataset was compiled for use with a recursive dynamic computable general equilibrium model. In the medium run, the overall economic effects of the trade ban were negative for both regions, and the value added of agriculture and food industries fell notably. When the rigidities of capital availability were relaxed, regional GDP and employment increased in South Ostrobothnia as, for instance, metal industry and construction accelerated economic growth. In North Karelia, where agriculture and food industry account for a minor share of economy, other industries could not compensate the losses the ban caused. Accordingly, the impacts were dependent on the economic structure of the region. Article in Journal/Newspaper karelia* karelia* De Gruyter (via Crossref) European Countryside 12 4 506 526 |
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De Gruyter (via Crossref) |
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crdegruyter |
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English |
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Management, Monitoring, Policy and Law Nature and Landscape Conservation Geography, Planning and Development |
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Management, Monitoring, Policy and Law Nature and Landscape Conservation Geography, Planning and Development Hyytiä, Nina Russian Food Import Ban – Impacts on Rural and Regional Development in Finland |
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Management, Monitoring, Policy and Law Nature and Landscape Conservation Geography, Planning and Development |
description |
Abstract This paper investigates the economic effects of the food import ban that Russia imposed vis-à-vis the European Union in 2014 on the development of two structurally different rural regions in Finland. A detailed, rural-urban dataset was compiled for use with a recursive dynamic computable general equilibrium model. In the medium run, the overall economic effects of the trade ban were negative for both regions, and the value added of agriculture and food industries fell notably. When the rigidities of capital availability were relaxed, regional GDP and employment increased in South Ostrobothnia as, for instance, metal industry and construction accelerated economic growth. In North Karelia, where agriculture and food industry account for a minor share of economy, other industries could not compensate the losses the ban caused. Accordingly, the impacts were dependent on the economic structure of the region. |
format |
Article in Journal/Newspaper |
author |
Hyytiä, Nina |
author_facet |
Hyytiä, Nina |
author_sort |
Hyytiä, Nina |
title |
Russian Food Import Ban – Impacts on Rural and Regional Development in Finland |
title_short |
Russian Food Import Ban – Impacts on Rural and Regional Development in Finland |
title_full |
Russian Food Import Ban – Impacts on Rural and Regional Development in Finland |
title_fullStr |
Russian Food Import Ban – Impacts on Rural and Regional Development in Finland |
title_full_unstemmed |
Russian Food Import Ban – Impacts on Rural and Regional Development in Finland |
title_sort |
russian food import ban – impacts on rural and regional development in finland |
publisher |
Walter de Gruyter GmbH |
publishDate |
2020 |
url |
http://dx.doi.org/10.2478/euco-2020-0027 https://content.sciendo.com/view/journals/euco/12/4/article-p506.xml https://www.sciendo.com/pdf/10.2478/euco-2020-0027 |
genre |
karelia* karelia* |
genre_facet |
karelia* karelia* |
op_source |
European Countryside volume 12, issue 4, page 506-526 ISSN 1803-8417 |
op_rights |
http://creativecommons.org/licenses/by-nc-nd/4.0 |
op_rightsnorm |
CC-BY-NC-ND |
op_doi |
https://doi.org/10.2478/euco-2020-0027 |
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European Countryside |
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12 |
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4 |
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506 |
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526 |
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1766052745158066176 |