000			01177nam a22001457a 4500
999			_c522288 _d522288
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100			_aKorovkin, Vasily and Makarin, Alexey _939185
245			_aConflict and intergroup trade: Evidence from the 2014 Russia-Ukraine crisis
260			_aThe American Economic Review
300			_a113(1), Jan, 2023: p.34-70
520			_aDoes armed conflict reduce trade, even in noncombat areas, through the destruction of intergroup social capital? We analyze Ukrainian trade transactions before and after the 2014 Russia-Ukraine conflict. In a difference-in-differences framework, we find that Ukrainian firms from districts with fewer ethnic Russians experienced a deeper decline in trade with Russia. This decline is economically significant, persistent, and can be explained by erosion of intergroup trust. Affected Ukrainian firms suffered a decrease in performance and diverted trade to other countries. Our results suggest that, through social effects, conflict can be economically damaging even away from combat areas. – Reproduced
773			_aThe American Economic Review
906			_aINTERNATIONAL TRADE
942			_cAR