Work

Global economic effects of war‐induced agricultural export declines from Ukraine

Year: 2024

Type: article

Abstract: The war in Ukraine caused export disruptions that jeopardized the availability and affordability of agricultural and food products around the world. This research employs a computable general equilibrium modeling framework to understand the global economic effects of war‐induced agricultural export declines from Ukraine, given the inability to export through the Black Sea. Results show net global welfare losses ranging from more than $5 billion to nearly $20 billion depending on the success of transport through European Solidarity Lanes.

Source: Applied Economic Perspectives and Policy

DOI: 10.1002/aepp.13468

Authors: Amanda M. Countryman, Valentyn Litvinov, Ivan Kolodiazhnyi, Mariia Bogonos, Oleg Nivievskyi

Institutions: Colorado State University, Kyiv School of Economics

Language: English

Topic: Economics of Agriculture and Food Markets

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Zero hunger

Open Access status: hybrid

Estimated APC paid: $3,570