Belarusian Economic Research and Outreach Center

Working Papers

The Impact of the Russian crisis on the Belarusian economy: the trade channel

A chapter by Kateryna Bornukova and Igor Livshits titled The Impact of the Russian crisis on the Belarusian economy: the trade channel is published in a book The Russian Economy under Putin edited by Torbjörn Becker and Susanne Oxenstierna.

 Lev Lvovskiy, Viktar Fedaseyeu

The Value of Corporate Political Connections: Evidence from Sudden Deaths

We present new causal estimates of firm-value benefits generated by political connections. Our identification strategy uses sudden deaths of U.S. Representatives and Senators as a source of exogenous variation.

 Igor Livshits, Torbjörn Becker, Helena Schweiger, Bas B. Bakker, Tymofiy Mylovanov

The future of CIS and CEE countries

This article is based on a panel discussion on the future of transition countries 25 years after the dissolution of the Soviet Union. All the contributors have long professional and personal experience of various aspects of the transition process so far and provide different perspectives on what to expect for the region in the future.

 Lev Lvovskiy, Kirill Shakhnov

Political Responsibility for Diff erent Crises

In this paper, we study the impact of different types of crises such as sovereign and domestic defaults, banking crises, economic recessions on political turnover of the top politicians: heads of the state and central bank governors.

 Victor Arshavskiy, Chetan Dave, Yaw Nyarko

Market Integration and the Law of One Price in Ghana

Using a new unique dataset on the prices of perishable commodities traded across several markets, and associated transport costs, we investigate the extent of market integration in Ghana and test the law of one price.

 Aleksandr Vashchilko

Trade War and EACU

This paper looks at the effects of the trade war that followed 2014 events in Ukraine on Eurasian Customs Union (EACU).

Determinants of poverty with and without economic growth. Explaining Belarus's poverty dynamics during 2009-2016

This paper studies the incidence and determinants of poverty in Belarus using data from yearly Household Budget Surveys for 2009-2016. The poverty is evaluated from consumption perspective applying the cost of basic needs approach and using food and absolute poverty lines. During last two years, absolute poverty in Belarus has increased twofold and reached 29% of the population.

Politicized Trade: What Drives Withdrawal of Trade Preferences?

We examine if a trade policy tool designed for fostering development is used strategically. We study this question using GSP country eligibility reviews regarding worker rights violations.

Committee assignments and the value of corporate political connections: evidence from legislators' sudden deaths

We present new causal evidence that political connections to U.S. legislators are valuable for individual firms. We also estimate that almost all of the value generated by connections to the U.S. legislators can be attributed to their influence over and above their formal committee assignments in Congress.

The Trade Effect of GSP Removal: Evidence from Belarus

Under the Generalized Scheme of Preferences (GSP), rich countries grant unilateral trade preferences to developing countries. We study the EU’s withdrawal of GSP preferences from Belarus in 2007 to understand how the GSP a ects export patterns. The withdrawal caused a signi cant drop in trade for a ected products (26%-29% trade decline) and some trade reduction at the extensive margin. However, there is little evidence of a GSP e ect on total trade. This is due to the fact that the main exports of Belarus were not eligible for the GSP program.

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