TY - JOUR
T1 - News and narratives: A cointegration analysis of Russian economic policy uncertainty
AU - Boitani, Andrea
AU - Dragomirescu-Gaina, Catalin-Florinel
PY - 2023
Y1 - 2023
N2 - Russia has become more integrated and dependent on global developments over the last decades, despite being ruled by an increasingly autocratic regime. We perform a cointegration analysis on a monthly dataset spanning from 2001 to 2021, with a limited set of variables reflecting both domestic and international developments. Results point to significant interactions between these two dimensions, mostly over the short-term. Kremlin may employ media control as a discretionary policy instrument to influence popular support for the incumbent, but this works slowly and is hardly sustainable in the long-term.
AB - Russia has become more integrated and dependent on global developments over the last decades, despite being ruled by an increasingly autocratic regime. We perform a cointegration analysis on a monthly dataset spanning from 2001 to 2021, with a limited set of variables reflecting both domestic and international developments. Results point to significant interactions between these two dimensions, mostly over the short-term. Kremlin may employ media control as a discretionary policy instrument to influence popular support for the incumbent, but this works slowly and is hardly sustainable in the long-term.
KW - Cointegration analysis
KW - Economic policy uncertainty
KW - Media
KW - Cointegration analysis
KW - Economic policy uncertainty
KW - Media
UR - https://publicatt.unicatt.it/handle/10807/233407
UR - https://www.scopus.com/inward/citedby.uri?partnerID=HzOxMe3b&scp=85152467758&origin=inward
UR - https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85152467758&origin=inward
U2 - 10.1016/j.econlet.2023.111094
DO - 10.1016/j.econlet.2023.111094
M3 - Article
SN - 0165-1765
VL - 226
SP - N/A-N/A
JO - Economics Letters
JF - Economics Letters
IS - May
ER -