Impact of export restrictions on exporter’s domestic market

Abstract

The paper analyzes the issues related to assessing the effects of introduction of an export duty. A review of the literature on assessing the consequences of imposing export duties is conducted. An analysis of Russia’s wheat market shows that one of the main factors hindering the competitiveness of Russian products in export markets is the relatively low quality of wheat. A retrospective analysis of the introduction of export restrictions on the Russian wheat market is carried out. A quantitative assessment of the impact of export duties on the price of Russian wheat is given, thus allowing policymakers to use this instrument of trade policy more reasonably.