Asset Details
Do you wish to reserve the book?
Geopolitical risk spillover among nations: evidence from Russia
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Geopolitical risk spillover among nations: evidence from Russia
Do you wish to request the book?
Geopolitical risk spillover among nations: evidence from Russia
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Geopolitical risk spillover among nations: evidence from Russia
2023
Overview
Many scholars have empirically tested the influence of geopolitical risk on economic activities and financial indicators. This paper attracts a new research strand by investigating the geopolitical risk determinants. More precisely, we examine if the international geopolitical risk of a selected group of countries spills over to Russia. Alternatively, it inspects if the geopolitical tension among nations is cointegrated. This group of countries includes the United States, Germany, China, and Ukraine. The current paper designed and computed an empirical model using the Autoregressive Distributed Lag model (ARDL) during the period 1993:01–2022:05. The results reveal that the international geopolitical risk of Russia is cointegrated with the other four nations. In the short run, the international geopolitical risk of the four nations spills over to Russia by increasing its international geopolitical risk. While in the long run, the same impacts persist. But the effect of the United States' geopolitical risk becomes statistically insignificant. The results also show that Germany has the largest effect on Russia’s geopolitical risk in the long run. Moreover, the increase in oil prices overflows Russia by decreasing its international geopolitical risk. Thus, rival nations should reach a settlement to reduce the geopolitical tension. Otherwise, the world economic performance will deteriorate.
