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Wasilewski Miroslaw (Warsaw University Life Sciences - SGGW, Poland), Oliynyk Olena (National University of Life and Environmental Sciences of Ukraine), Adamenko Victor (Kyiv National University of Trade and Economics)
Financial System and Agricultural Growth: Evidence from Poland and Ukraine
Zeszyty Naukowe SGGW w Warszawie. Problemy Rolnictwa Światowego, 2015, t. 15(30), z. 4, s. 204-214, rys., tab., bibliogr. 13 poz.
Scientific Journal Warsaw University of Life Sciences SGGW - Problems of Word Agriculture
System finansowy, Rolnictwo, Rozwój rolnictwa
Financial system, Agriculture, Rural development
streszcz., summ.
Polska, Ukraina
Poland, Ukraine
We built simplified models of integral indicators for the level of development of the financial system and for agricultural growth using the principles of "moderate middle way". We then used these models to compare the levels of financial system development, economic and agricultural growth, and trends of financial development and agricultural growth, in Poland and Ukraine. We used the integral indicators and econometric methodologies to assess the relationship between financial development and agricultural growth in both countries. The results of the study revealed the absence of a statistical relationship between integral indicators of financial system development and agricultural growth in Poland and Ukraine. We can ascertain the presence of arguments regarding the existence of the impact of the banking component of the financial system on agriculture in these countries. The regression models showed significant directly proportional relationships between certain aspects of agriculture and some components of the banking sector (resources and effectiveness). (original abstract)
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