Policy Studies, Journal Year: 2024, Volume and Issue: unknown, P. 1 - 33
Published: July 31, 2024
This study applies the PSM-DID approach to investigate whether energy price has been impacted by Russia-Ukraine war among OECD countries during 1999–2022. Compared with previous studies, we obtain robust and heterogeneous results considering endogeneity from perspective of quantitative policy assessment. It concludes significantly raised prices, leading a 9% increase in prices countries. The heterogeneity show that EU NATO members but not those non-EU non-NATO Additionally, only Southern Western European have increased war, which Europe most affected, rising 22%. These findings great practical significance for analyzing degree influence on fluctuations geopolitical risks regions.
Language: Английский